motivate | today financial wellness solutions

Have you ever considered the financial wellness of your employees?

Do your employees…

understand the best use of their MONEY?
manage a personal BUDGET planner?
feel overwhelmed by DEBT?
depend on CREDIT to get by?
set aside SAVINGS regularly?
understand the essentials of personal financial PLANNING?

Would you like to see your employees financially free and independent?

A financially distressed employee means;

absenteeism | presenteeism
irritability | anger | fatigue | sleeplessness | accidents
theft and corruption | lower organisational commitment
discipline issues at the workplace
less take home pay because of Garnishee Orders
resignation and job hopping | higher staff turnover
employees will resign just to access their accumulated retirement fund credit
borrowings against staff retirement scheme credit may not be legitimate
salary negotiations can become more problematic if personal debt levels are high | low pay satisfaction
violent strike action and stay-aways
employers may become ‘lenders of last resort’ which is not desirable
work time wasted dealing with personal finances
poorer mental and physical health

Does this sound familiar? Can employers ignore this problem any longer?

Employers cannot ignore the dangers of a financially sick workforce any longer. A financially well workforce is a happy workforce. This is a “bottom line” issue.

What is the responsibility of the employer to “fix” this problem? Should employers be expected to give raises and salary increases to their employees to ease their financial strain? For workers who may not be managing their money wisely, would such a step provide long-term relief, or would workers making more money continue to spend more and save less? We propose a different approach – instead of [or in addition to] a salary increase, employees would benefit most from implementing an employer sponsored financial wellness and financial awareness education program. The priority is education. Educate people about their money choices.

It has never been more important to employers than now to recognise that employees with financial problems negatively affect profits and productivity. With the cost of living rising rapidly many employees are struggling with financial woes that threaten job productivity. Financially unwell employees do not make the best decisions for themselves…or their employers. Such employees often are passive, distracted, angry, confused and anxious. These are not characteristics of productive employees. Employees with money problems are like sharks swimming around the workplace taking bites out of the bottom line.

Employers who offer easy access and support a quality, sustainable and outcomes based financial wellness and awareness program are communicating a critically important message to their employees: “we know some employees are struggling financially, we care about you, we want you to live a better life financially both today and tomorrow, thus we will help you champion your financial interests.”

Employers who back up such claims with action and a high quality financial wellness and awareness education program will reduce turnover, increase organisational commitment and will see an increase in productivity and profits. These rewards will come from an investment of less than 1% of an employee’s income. A small investment for a big return.

Our range of holistic financial wellness solutions

We offer a range of independent, practical, insightful, life changing workshop based financial wellness solutions;

employer based financial wellness workshop programs for EMPLOYEES
bespoke communication programs for members of company RETIREMENT FUNDS
financial coaching for FINANCIAL PLANNERS
financial literacy for YOUNG ADULTS
ONE on ONE personal financial coaching program for individuals

Why motivate | today financial wellness solutions?

There are a many important factors to consider when selecting a financial wellness services provider;

is the financial wellness service provider independent?
is the financial wellness program on offer for “FREE”? Remember…there is no free lunch, somebody pays the price. Ask yourself the question “Why is the program for FREE?” Do YOU do business for free? Probably not…
is the financial wellness program focused on the financial education aspect as the priority or is there a hidden agenda such as brand distribution and the potential for the on-selling of financial products?
is the financial wellness program focused on benefiting the attendees or those that are offering the wellness program?
is the financial wellness program measurable and sustainable with clear outcomes? Can you audit the program results?
will the program bring about lasting change and an improvement in habits and attitude?
how flexible is the financial wellness program and will it meet the needs of different people?

Financial wellness is not a one time activity, having “one off” financial wellness days doesn’t really change anything. To bring about lasting change and an improvement in habits employers need to think about investing in their most prized resource – their people. A financially distressed workforce is not a productive and profitable workforce. We will assist you in implementing a sustainable, measurable outcomes based financial wellness program that will achieve results over time. One off “free” interventions don’t change anything, in many instances it only benefits those offering the free service.

Definition of Financial Wellness

Financial Wellness is the balance between having a healthy state of well-being today while preparing financially for tomorrow. It is not necessarily about being wealthy, but it is a state of psychological well-being in which one feels they have control over their current finances and financial future.