Why do you need to think about financial education?
Nearly half (46%) of employees spend two to three hours per working week dealing with personal finances1 while 25% admit money worries have negatively impacted productivity2. Almost one in ten have taken time off work to deal with their financial matters3. Financial Education can help you combat key people risks such as:
- Employee absence
Absence costs your business. When an employee is unexpectedly away from work your staff can be disrupted which in turn can affect productivity.
- Staff turnover
Employees who feel their income isn’t working for them will often search for new jobs to move up the pay scale. The cost of recruitment is significant.
Employees who are worried about money problems are likely to be distracted at work. On top of this, money worries can cause sleepless nights which can lead to reduced performance at work.
How our employee benefits consultants can help
Our financial education programs provide a range of workplace solutions including initial consultancy, workshops, individual clinics, and a range of online digital solutions. Our workshops can be adapted to your specific needs as a business and can incorporate your brand.
GET IN TOUCH WITH A FINANCIAL EDUCATION EXPERT
Need expert advice? Call the Financial Education team now, or complete our online form and we'll call you.
1. Purchasing Power 2013
2. CIPD 2017
3. PWC 2016
We listen to you and build personalised solutions based on our understanding of your needs, your business and your workforce. We can help you to create an education program to improve employee wellbeing and lessen the people risks that can have a significant impact on your business.
We offer set modules on a variety of financial topics or we can create an education program specifically for your employees. Our education provides your employees with the tools and knowledge to plan effectively for the future. Unlike other education providers we do not include details of any of the personal products and services we offer.
We offer online training to complement our face-to-face workshops or as a stand-alone education tool. Our Financial Essentials and Planning for Retirement online courses use e-learning technology to provide interactive and enjoyable learning experiences. Employees can complete these in their own time, at their own pace.
Employees don’t reach an exact age and leave your company. They need to consider all of the options available in detail and prepare themselves for the transition into life after work. If you have employees who are nearing retirement, help them prepare for the retirement that they want and ease the transition from working life into life after work.
Frequently Asked Questions
The latest employee benefit articles in our knowledge centre
One in six women experience postnatal depression after giving birth, but three-quarters of them suffer in silence.
Financial wellbeing is an individual’s current and perceived financial state, and has been shown to have a huge effect on emotional wellbeing and workplace anxiety.
What our clients say
Financial Education, Victoria Fletcher,
This is the first time we’ve offered a financial education course to such a segmented part of our workforce, and the results have been really positive. The pre and post survey feedback has really demonstrated that employees prefer to receive financial education with their immediate peers as it can be better targeted and therefore more beneficial.
Our charity has used the Jelf financial education programme on several occasions. The content of the programme has been judged as excellent...
I found the course has really made me want to take more control over my finances which is something I can struggle with. I feel I have gained practical ways I can do this now.