Building employee financial wellness
Don’t let money worries impact your most valuable asset
Employees who are stressed about their finances are both less productive and in worse financial shape than other employees. Some of the differences include:
- Five times more likely to be distracted by their finances at work,
- Twice as likely to spend three hours or more at work dealing with financial matters,
- Twice as likely to miss work on account of their personal financial issues,
- More inclined to cite health issues caused by financial stress.
Be an employer of choice by promoting financial wellness
The workplace offers a great opportunity to assist people with their financial wellness since:
- Employers already provide financial support via salaries and superannuation.
- Employees trust employers more than external financial services providers.
- Reducing financial worries amongst employees could raise staff morale (and performance), increase trust between employers and employees and improve retention levels.
Tribel’s Employee Financial Wellness Program
Our Employee Financial Wellness Program covers the following services:
Insurance
Financial education & advice
Financial health checks
Redundancy transition support
Employees can be educated and informed on personal financial management. This could be accessed through group presentations, webinars and newsletters.
Insurance
Employees receive financial protection in the event of death, disability or illness. This could be via a Group Insurance Scheme or individual policies.
Financial education & advice
Employees can be educated and informed on personal financial management. This could be accessed through group presentations, webinars and newsletters.
Financial health checks
Employees can receive a personalised report on their financial health covering cashflow, debts, investments, insurance, super and estate planning.
Redundancy transition support
Employees who experience redundancy at work are provided with support to assist them with the transition.
Want more information? Download our brochure on our Employee Wellness Program or get in touch with us to discuss.