After recognising that financial anxiety had escalated in their workplace, our client came to us to help find a solution.
Conscious that this type of anxiety can come at a price for their employees’ health and wellbeing, as well as potentially being a financial cost for the business, our client wanted to help overcome the lack of knowledge around personal financial planning.
How to manage your own personal finances is sadly lacking from our schools’ curriculum and employees are somehow expected to work out how to cope, without the tools to do so.
On average employees spend 13 hours a month worrying about money whilst at work and 56% admit feeling that financial anxiety impacts their job.
Employers often spend a large amount of resource and money on providing various employee benefits, but rarely stop to ask themselves what they can do to help their employees with financial planning education – that’s where we can help.
“As an office manager I became used to hearing the everyday conversations amongst the office staff, but increasingly noticed how much of it was financial worries and how it impacted morale,” our client explained.
“I decided to speak to HR about this and see if, on an off-chance, there were any schemes that could equip us to help.”
“We didn’t know that companies such as Canter Holland provided services outside of the usual benefits packages that are typical to most companies. We wanted something different, something fundamental and useful for our employees that would enhance them outside of work, freeing them to then bring their A-game to the workplace.”
Our client chose to use us because of our ability to provide a financial wellbeing plan that could be tailored to suit any number of needs, such as:
We worked closely with our client’s HR Department to build a bespoke programme for the business and the workforce. Our aim was to create a long-term education programme to improve the financial capabilities of the employees.
With this client we worked on a bespoke deliverable method with their HR department. Therefore, we can deliver the programme in a series of ways, depending on what is suitable:
Financial wellbeing can be defined as ‘an individual’s ability to successfully manage their current financial state and plan for their financial future’. It has been shown to have a large impact on your employees’ emotional wellbeing and workplace anxiety, which is why our client came upon our service, in the hope of alleviating the disharmony.
We ensured that we delivered a service that:
The benefits of financial education are clear, helping to look after your employees lives outside of the workplace means they will have fewer distractions in work.
Providing your employees with the tools and knowledge to plan effectively for the future can have a positive impact on their lives and your business.
Learn more about how our Financial Wellbeing Programme can prove valuable to your business, as well as its employees
Call 0845 127 1444 or hello@canterholland.com