Smart Personal Financial Management for corporate executives

Monday, 6 February 2023 00:10 - - {{hitsCtrl.values.hits}}

The CFA Society Sri Lanka and CSE Training Program on Smart Personal Financial Management for corporate executives will be held on 16 February from 2.30 p.m. to 5 p.m. at the CSE Auditorium.

Organisers said at a time when corporate executives are under a lot of pressure due to the cost of living and personal tax increases, the knowledge gained from this program and the application of the principles in their lives will provide significant benefits to both employers and employees.

The important factors for employers are: Reducing the cost of attrition – the cost of new recruitment, loss of internally generated knowledge, bottlenecks in the process during the transition period, reduced employee morale, the flow of skill and knowledge to competitors, etc; A more satisfied workforce – Reducing employee discontent resulting from ‘heavy financial burdens’ will help employees to better manage their personal financial situations; and Less number of requests for staff loans and salary advances, which not only require a high administrative capacity but also affect the bottom line of the company.

The training is useful for organisations keen to enhance their executives’ Personal Financial Management knowledge. Personnel from the HR Department as they can mentor employees facing financial difficulties as well.

Resource persons are CFA Society Sri Lanka Director and Advocacy Chair Ravi Abeysuriya FCA and CSE Branch Network Manager Nishantha Batagalle.