Financial wellbeing goes hand in hand with stability.
And both are crucial when it comes to the workplace.
They go a long, long way to helping people do their best work. They bring peace of mind, can boost confidence, and can propel productivity.
Good leadership – and the determination and clear sightedness to put an employee’s wellbeing at the forefront of company policy – is more important than ever.
Creating stability may be a challenge, but it is a challenge worth taking on, and winning! Both for employer and employee. The impact of such a victory is huge!
There are clear benefits to workplace stability:
- Better productivity performance
- Reliable attendance levels and a clear recognition of a great working environment
- Retention of your very best employees
- Career development and progression
- ROI in employees
- Profitability and growth
- Customer satisfaction
How you get stability for your business and your staff:
- Good, honest communication
- Share the action plan
- Lead from the front, with optimism and openness
- Emphasise your company values
- Make sure all your employees feel valued – and have a sense of purpose
- Provide the right resources to succeed
And included in those RESOURCES should be the opportunity for staff to receive a financial wellbeing programme which enables them to understand their finances – be confident knowing what their money can and can’t do for them – and have a plan in place so that they can make good financial decisions, today, tomorrow and in the future.