Building Block Associates

  • Home
  • Products & Solutions
    • View Supplies
    • What's In Season
    • Manage Mie Foodservice Manager
    • Foodservice Webinars
    • Become A Member
  • Online Store
  • Social Chat Blog
    • Foodservices News
  • Contact Us
  • Careers
  • Home
  • Products & Solutions
    • View Supplies
    • What's In Season
    • Manage Mie Foodservice Manager
    • Foodservice Webinars
    • Become A Member
  • Online Store
  • Social Chat Blog
    • Foodservices News
  • Contact Us
  • Careers

KFC Foundation Offers New Personal Finance Program to U.S. Restaurant Employees

4/12/2018

0 Comments

 
Picture
MyChange pairs a powerfully simple and completely confidential financial wellness app with a personal adviser to empower users to take charge of their money right away.
LOUISVILLE, Ky. -- The KFC Foundation, an independent 501(c)(3) non-profit organization funded by KFC franchisees, announced personal finance program, MyChange, as its newest charitable offering for employees at participating KFC U.S. restaurants. Offered in partnership with Sum180, MyChange fosters personalized financial wellness and teaches foundational personal finance skills to KFC's restaurant employees who choose to enroll in the program.

Also read, Yum China Launches Family Care Program for Restaurant General Managers.

"The KFC Foundation programs provide resources to KFC's frontline workers, based on their real needs. Financial health impacts overall health and wellness. So, we're excited to provide the people we serve with tools to take charge of their financial trajectory through the new MyChange offering," said Krista Snider, managing director, the KFC Foundation.

MyChange pairs a powerfully simple and completely confidential financial wellness app with a personal adviser to empower users to take charge of their money right away. Program features include:
  • Budgeting tools and weekly budgeting tips
  • Personalized budgeting plans and actionable, highly personalized next steps
  • Helpful videos and easy instructions
  • Notifications to encourage accountability
  • Personal and private access to financial advisers to provide coaching
  • An online community for peer support and encouragement

During the annual KFC Corporation-sponsored "Your KFC Voice" restaurant team engagement survey, team member responses indicated financial counseling as a primary need, second only to college scholarships. This insight, coupled with the KFC Foundation's own research and experience with constituents via its hardship assistance program, led the KFC Foundation to establish MyChange in partnership with Sum180.

"Our mobile financial wellness service goes beyond traditional financial wellness services, and similarly, the KFC Foundation goes beyond standard employee support. We're thrilled to partner with a like-minded organization to bring the Sum180 financial wellness service to KFC restaurant employees," said Carla Dearing, CEO and founder, Sum180.

MyChange joins several other KFC Foundation offerings, including Rise with GEDworks (personalized high school credential assistance), the KFC Family Fund (hardship and crisis assistance), and the REACH Educational Grant Program (college tuition assistance at $2,000, $2,500 and $3,000 award levels), rounding out the employee assistance organization to support the whole wellbeing of KFC's restaurant employees.

Operating independently from KFC Corporation and led by a board including KFC franchisees, KFC Foundation receives the majority of its financial support from the Cole Slaw Donation Program, a voluntary program where KFC franchisees elect to have a portion of the sales of cole slaw in their restaurants used to engage in and support the Foundation's initiatives (averaging out to a $1 per employee per month contribution).

SOURCE KFC Foundation
0 Comments



Leave a Reply.

    Go to blog
    Advertisement

    RSS Feed

    News & Updates

    Stay informed with the latest news around foodservice, agriculture and other related food news.

    Do you Enjoy our E-news & Updates?
    Get our foodservice E-news, blogs and LTO's sent to your inbox, SUBSCRIBE HERE.

    Advertisement Opportunities 
    To get your foodservice business in our daily e-news, here.

    Archives

    March 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015

    Categories

    All
    Agriculture And Food Safety
    All Day Breakfast Menu
    Beans Benefits
    Beverage Company
    Building Construction
    Candy Company
    Carbonated Drinks
    Chicken Farm
    Dairy Production
    Fast Food
    Fast Food Chains
    Food Prices
    Generation Z
    Genetically Modified Organisms
    Gluten Free
    Grocery Retailer
    Healthy Meals For Kids
    Imported Foods
    Imported Foods From Other Countries
    Liquor Licence
    Milk Industry
    Milliennials
    National Food Holidays
    Nut Allergies
    Organic & Natural
    Processed Foods
    Produce Industry
    Restaurant
    Restaurant Management
    Restaurant Ordering System
    Restaurateurs
    Seafood
    Sustainable Resources
    Sweet Snacks
    Sweet Tasting Desserts
    Tree Nuts
    Value Menu Offering
    Ways To Reduce Food Waste

    Picture
    Advertisement
    Picture
Powered by Create your own unique website with customizable templates.