Financial stress can obstruct employee productivity
Concerns about finances, the high cost of living, limited financial confidence and a lack of financial skills can hinder your employees from performing at their best. Research shows individuals often lack clear avenues for seeking financial assistance. HR is often the main point of call for employee wellbeing support but HR staff are often not trained on financial wellbeing support.
Employees dealing with financial stress may be less focused and productive at work. Financial worries can lead to increased absenteeism, presenteeism and lower overall work performance.
Low Employee Engagement
Financial stress can decrease employee engagement, leading to disengaged employees who are less motivated to contribute their best ideas and efforts to the company's success.
Negative Company Culture
A workplace where financial stress is prevalent can create a negative culture of fear, depression and anxiety, which can harm team morale, collaboration and innovation.
Research also found
1 in 5
1 in 5 employees say financial stress negatively impacts their productivity at work
30% of employees attribute reduced productivity to financial worries, costing employers around £192 daily
37% of employees cited financial pressure as the top cause of stress outside of work
We provide leadership teams, HR professionals and Wellbeing Leads training to equip them with the skills and knowledge needed to embed new processes in support of their staff.
Enhance Your Workforce's Financial Competence
Human resources (HR) is frequently the initial point of contact for employees encountering difficulties or seeking assistance. Although your HR department is likely well prepared to handle various support inquiries, addressing matters relating to financial wellbeing may not be within their expertise. Equipping HR with financial skills is now essential.
Have a Working Financial Wellbeing Policy
A financial wellbeing policy not only underscores your commitment to employee wellbeing but also provides clear guidance on the assistance and resources available to employees encountering financial difficulties. It serves as a tangible demonstration of your organisation's proactive approach to ensuring the financial wellbeing of your employees.
Provide Educational Content and Resources
Delivering workshops, seminars, masterminds or a comprehensive financial wellbeing programme significantly contributes to enhancing your staff's financial wellbeing. Providing educational content and resources can offer practical assistance tailored to your employees' specific financial challenges.
Accredited Financial Wellbeing Training for Your HR Team
Gain the behavioural awareness and practical expertise to improve financial wellbeing in your workplace. Earn CPD points towards your professional development and continuous learning.
A Bespoke Financial Wellbeing Workshop for Your Company's Employees
We will collaborate with you to design and deliver a financial wellbeing workshop for your employees, including a collection of practical tools and guides.
Leave With a
Financial Wellbeing Policy
We'll guide you in crafting an actionable financial wellbeing policy that can be put into practice in your company immediately.
Complimentary Employee Needs Assessment
Unearth the areas where your employees may be facing challenges, and gain essential insights into potential future interventions and strategies for improvement.
Access To the Latest News, Updates and Valuable Insights
Stay informed about the latest news, trends, events and behavioural insights in the wellbeing space, to better support your employees' holistic health and wellness.
Complimentary Financial Wellbeing Strategy Session
We'll assist you in evaluating the structure of a financial programme suitable for your organisation, guiding you through the implementation process and outlining essential strategies to maximise the business benefits.