Why
Improve the financial Wellbeing of your people
Providing financial wellbeing for your employees is a critical component of any comprehensive employee benefits strategy. By investing in your employees’ financial health you’re investing in the strength and success of your organisation.
What is Financial Wellbeing?
Financial wellbeing is more than just having money in the bank or earning more. Financial wellbeing is about having a healthy relationship with money, feeling secure, in control, and confident about your financial situation, both now and in the future. Financial wellbeing is essential to overall life satisfaction, impacting all aspects of life, including physical and mental health, and relationships.
Why financial wellbeing?
Financial wellbeing affects everyone, at every level of your organisation and at any given time. As an employer, you are in a trusted position to be able to provide support to help employees navigate their financial journey. The benefits to employees and your company are extensive.
How
Works For You
Tailored to Your Employees' Financial Wellbeing Needs
With WellFi, you have access to employee surveys and usage statistics to give you a greater understanding of your employees' interests and financial areas of concern. This data is a powerful tool to measure the impact of your benefits and drive your benefit program.
Drive promotion & Uptake of Your Financial benefits
We will add specific information about your company benefits to the app as well as adding links to company resources. This will promote your benefits and ensure your employees are always abreast of what's on offer.
Improve employee engagement & relationships
WellFi is designed to make communication with employees easy, with built-in functionality to send emails and in-app notifications. You can send time-focused messages or reminders - to keep employees engaged with their finances and bring them back to WellFi, their go-to resource for all things finance.
What Can You Do Better?
Understand the strengths of your financial wellbeing strategy and identify areas for improvement.
* The assessment consists of nine questions (it only takes a few minutes to complete), and at the end, we’ll email you a breakdown of your scores along with an explanation of what these mean.
Improved Employee Productivity
Financial stress can affect employees’ ability to focus at work, which in turn affects their productivity. With expert financial information and support at your employees’ fingertips, they’ll regain control of their finances, reducing financial worries and giving them the freedom to thrive and perform at their best. You can create a workforce that’s engaged, motivated and productive
Reduced absenteeism & presenteeism
Stress caused by financial uncertainty is one of the biggest contributors to absenteeism and presenteeism in the workplace. Financial stress can lead to physical and mental health problems, which can result in increased time off sick and being distracted by their financial concerns at work.
Providing a high impact financial wellbeing program can help employees navigate financial difficulties, reducing stress and illness and increasing presence at work.
A more efficient HR team & Streamlined Processes
With forms, tools, videos and factsheets available on the app, reclaim time spent by your HR team answering queries, sending forms, or sourcing information. Everything can be found on WellFi.
Enhanced employee retention & company reputation
A comprehensive financial wellbeing solution is something to shout about!
Employees who feel financially secure and well looked after are more likely to stay. Knowing they’re supported and cared for creates a positive and open work environment, encouraging loyalty and reducing turnover. It gives you an edge over competitors and helps you to attract top talent that can bolster the growth of the company.
Improved employee engagement & morale
Financial stress can take a toll on employee morale. With increased knowledge and support you can help employees build their confidence and feel more positive and motivated. This also fosters a workplace that normalises talking about financial topics, increasing engagement and improving morale for a happier work environment.
Engaging content,
anytime, anywhere
Like a financial ‘netflix’ for your employees, each bite-size video offers a digestible insight into a specific financial topic with interactive tools and forms to take action.
Featuring professional presenters, our videos are high-quality, informative, and multi-sensory bringing users back to the app again and again so they maximise it’s use and benefits.
Ready To See
How