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Journey to Financial Wellness – Increasing Employee Wellbeing, Productivity, Safety and Your Bottom Line

Glenda Abraham – Chief Engagement Officer, Mine Super

ABSTRACT

In addition to the substantial personal costs, poor financial wellness is a major drag on Australian businesses, costing an estimated $33 billion per annum. According to Workplace Super Specialists of Australia’s ‘Workplace Financial Wellness Index’, employees who lack financial wellness tend to be more stressed, as observed by more than three in five employers (63.3%). A significant number of employers also noted presenteeism (43.3%), low morale (30%), and absenteeism (16.7%) as other consequences of poor financial wellness. This data clearly shows a connection between tired, disengaged and distracted employees and an increase in work health safety incidents.

This presentation will help you integrate a financial wellness program as part of a holistic approach to employee wellbeing and a component of a healthy workplace.