Workplace Financial Education
Why Workplace 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 we can help
Our Money at Work Financial Education programmes 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.
Our Workplace Retirement Support can also help your employees prepare for retirement, financially and emotionally.
Need advice? Our team can help.
Send us a message or call us on the number below.
1. Purchasing Power 2013
2. CIPD 2017
3. PWC 2016
Product benefits and features
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 strategy to improve your employees’ 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 programme 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. Visit planonline.co.uk for more information.
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.
“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.”
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.
Frequently Asked Questions
The physical and mental wellbeing of staff has one of the largest impacts on the people costs of a business; making it a critical concern for any organisation.
Attracting, retaining and developing talent can be a struggle. So you need to do more than ever to stand out to attract and retain the best talent.