Financial well-being for employees

A happy employee is a good employee, usually, isn’t it? Have you ever stopped to think about the concept of “Financial Well-Being” in the context of the well-being policy that is active within your organisation? After all, solutions that increase employees’ financial well-being automatically and immediately contribute to the sustainable growth of your company.

Employers, including government bodies, financial service providers and regulators, play an important role in supporting employees’ financial capabilities by ensuring appropriate financial guidance to help them. A combination of industry, the voluntary sector and government services currently provides sources of financial information.

However, the general use of financial advice is low among many people, who feel that financial advice is “not for them” (HM Treasury, 2016). Many are also unsure about how to find good financial advice, or become completely discouraged as soon as they even think about financial planning.

Poor insight and limited knowledge mean that people sometimes make decisions that are at odds with what is good for them. This will also affect their productivity if they take their problems to work with them. And it does not stop there: the whole team can suffer from one person’s personal financial problems.

How can the Financial Well-Being Academy contribute to the sustainable growth of your company?

1. Improved productivity and concentration of employees
2. Reduction in absences and sickness costs caused by stress
3. Improved safety, atmosphere and engagement in the workplace
4. Lower costs thanks to reduced staff turnover and absenteeism
5. Improved attraction and retention of staff
6. Contributes to the company’s image
7. Improvement in the general health of employees

Are you an employer and do you want to work on the financial health of your team?

Then please contact us – we will be happy to explain the ROI that Financial Well-Being solutions bring.