Money on the mind

43% of employees say financial stress impacts their workplace performance.
We know that worries about personal finances are at the top of the list when Canadians talk about excessive stress. And as each of us know only too well, stress isn’t something you can tuck away in a drawer or leave at home. It comes with us to work where it can be a distraction that affects employee work performance and leads to absenteeism.

– Jane Rooney, Canada’s Financial Literacy Leader

the struggle is real

Managing personal finances is a modern-day survival skill.

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People who ranked money as their greatest stress – more than health, work and relationships.

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People who said it would be difficult to meet their financial obligations if their pay was delayed by a single week.

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People who report that they have lost sleep because of their financial worries.

financial wellness at work

80% of employees want financial education in the workplace.

A growing number of employers are recognizing the importance of  financial wellness. They understand that when employees are comfortable with their ability to meet financial obligations, they’re more productive and engaged at work.

Are you one of the 73% of Canadian employers that feel they have a responsibility to help their employees with their financial wellness? 

FINANCIAL WELLNESS IS WIN:WIN

Investing in your employees’ financial well-being is a benefit to both your employees and your business.

Improved Productivity

PwC has found that employee financial stress leads to 3-5 hours of lost productivity each week. Taking financial worries off of their plate can have benefits across your organization.

Better Engagement

Almost half of employers surveyed in a study conducted by Ernst and Young said that they found a direct correlation between a financial wellness program and increased productivity.

Social Impact

53% of Canadians live paycheck to paycheck. The right financial wellness platform can meet your employees unique needs and bolster their financial health.

Increased Loyalty

According to PlanSponsor, more than 90% of employees who felt like their employers made them feel more empowered at their job said they’d still see themselves working at the same organization a year later.

Questions?

Book a 15-minute call to learn more.