"Employee financial wellness directly impacts the bottom line of your business."
Financially stressed employees are less satisfied with their lives, less engaged with their employers and more likely to underperform at work.
of Australian employees are stressed about their financial situation
Of Australians list financial concerns as their leading cause of stress
Of Australians have very limited to no savings at all
Of Australians report that stress impacts negatively on their health
Per week on average is the productive time lost by financially stressed employees
Dollars per year is the estimated cost to employers in lost revenue
Financial stress can cause both physical and psychological health issues such as anxiety and depression. This doesn’t just decrease employee productivity and increase sick days, it can have a toxic impact on your team culture and cost you thousands of dollars in lost revenue.
A lack of knowledge about financial products is the leading reason your employees could find themselves in a financial situation they don’t understand and can’t get out of on their own. This prevents your employees from reaching their personal and financial goals which over time has been shown to cause feelings of hopelessness and distress.
Leading companies are building financial education into their employee benefits program to address the increasing level of financial stress and it’s impacts. This has been shown to decrease personal financial stress and enhance wellbeing, leading to healthier, happier and more productive staff.
Our corporate financial wellness program leads to more committed employees. We work with business owners to offer free and confidential financial reviews for their staff to reduce financial stress, increase knowledge and promote a more positive and educated financial mindset.
Usually, there is little to no cost to the business owner and with less financial stress and more confidence comes a happier and more productive workplace.
We offer a broad range of financial advice and services to empower your employees, including:
- Home loans
- Investment loans
- Personal loans
- Car loans, hire purchases & equipment finance
- Debt consolidation & refinancing
- Life insurance & income protection
- Budgeting & cash flow analysis
- Shares & investment strategies
- Retirement planning & superannuation
Want to learn more? Register your interest below and our team will be in touch to share more about what we do and how it can positively benefit your employee outcomes.
Employee Financial Wellness Enquiry
Statistics above from the following sources:
- 2015 Annual Stress & Wellbeing Report by the Australian Psychological Society
- And these stats published by the APS in 2014
- The Financial Resilience in Australia Report funded by the National Australia Bank
- The Financial Wellness in the Australian Workplace report commissioned by AMP