By a News Reporter-Staff News Editor at Investment Weekly News -- Voya Financial, Inc. (NYSE: VOYA), announced a new Voya Foundation giving strategy designed to align with the goals of the company, to address a pressing social issue and to foster employee engagement in the community.
After extensive research, financial resilience emerged as a fitting umbrella concept for all of the foundation's programs. Financial resilience is defined as an individual's ability to make educated financial decisions, take advantage of growth and development opportunities as they appear, as well as weather difficult times.
The new strategy will ensure that youth are equipped with the Science, Technology, Engineering and Math (STEM) experiential learning necessary to compete in the 21st century workforce, as well as the financial-literacy skills needed to make smart money-management decisions. These are both important foundational competencies that influence retirement readiness.
"After months of immersing ourselves in research, we have determined where we can make a meaningful difference in the lives of young people," said Angela Harrell, SVP, Corporate Responsibility, and president, Voya Foundation. "We are focusing on financial resilience to prepare youth for the workforce and to enable them to manage their income through life's twists and turns. In addition, our employees have the knowledge and expertise to augment our financial resilience programs in the community."
Keywords for this news article include: Investing.
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