Military personnel’s financial needs and goals change throughout their lives, both during their military service and after separation. To address these changing needs, 10 U.S. Code § 992 requires financial literacy training to be provided to Service members at multiple stages of their careers. Service members are required to have financial literacy training during initial entry training, at their first duty station, on the date of their promotion (up to E-5 or O-3), when they vest in the Thrift Savings Plan, during leadership training, during pre- and post-deployment training, at major life events, and at separation. Tailoring training content to the individual Service member based on factors such as their current financial situation, goals, and career stage would encourage consistent financial planning and maximize training effectiveness.
Jennifer Murphy, Ph.D., Founder and CEO of QIC stated “We are proud to support the ADL Initiative by providing a solution to the very important problem of Service member financial readiness. Supporting service members and their families is something I’ve always felt strongly about, and this is a tremendous opportunity to leverage technology to give them the tools and information they need to make smart financial decisions. We’re especially excited to work with Float, an industry leader in mobile training development. And of course, this project presents a growth opportunity for us. We’ve got some very talented people joining our team in the near future!”
Quantum Improvements Consulting, LLC (QIC), founded in 2014 by Dr. Jennifer Murphy, is an EDWOSB that works to enhance human performance and effectiveness throughout the product or service lifecycle, reducing risk, improving productivity, and increasing return on investment. QIC conducts research and development to address customers’ training and performance assessment needs. QIC brings expertise in adaptive training, mobile learning, and game-based training.