TIAA Financial IQ Challenge Results

Last month TIAA sponsored a short and engaging online quiz open to all employees.  The quiz offered the opportunity to learn more about your financial knowledge by asking five daily financial questions. A gaming aspect was added to increase participation through friendly competition across departments and anonymous scoring.  Below is a snapshot of the results.

View the complete results.

Overall Engagement

  • 178 individuals started the Financial IQ Challenge
  • 110 females, 68 males
  • 738 sessions were completed (433 by females; 305 by males)
  • On average, each individual completed 4.15 sessions (15 possible)
  • 77% of the questions were answered correctly
  • The topic of Retirement had the lowest performance among all groups; the topic of Loans had the highest performance among all groups

Participation

When performance on each type of question was averaged, the four employee categories all scored in the mid-to-high 70% range.

participation

Results by Topic

Overall performance shows that the topic of Retirement had the lowest score and Loans had the highest score.

results

Participation by Age

Ages 55 – 64 represented the highest number of registrations and answered the most questions correctly, however, ages 25 – 34 completed the most sessions and were most likely to check the Leader board.

age

Last updated: March 16, 2017

Last updated: March 16, 2017