Wellness programs and financial education are not new to the workplace.  But over the past couple of years, a growing number of companies have been marrying these two concepts together.

Financial stress can impede people from having an overall healthy lifestyle.  Finance and stress are closely linked and research has shown that most life disasters snowball into a financial disaster. Divorce and family break ups, redundancy and unemployment and even sickness and injury can all lead your employees into a disaster if they are not armed with the right knowledge.

For many years Australian companies offer wellbeing programs however the vital financial fitness component is ignored.  The offering predominantly revolves around a free referral to a financial consultant. Money 101's research suggests that individuals with low levels of financial literacy and those in the worst financial situations of all are those less likely to take up the offering. 

When offering a financial education package to employees, Money 101 recognises that there are numerous challenges that employers face.  This includes the issue of requiring two separate vendors.  Money 101 has extensive experience in combining financial education with existing wellbeing programs.  

Another challenge that employers are facing today is that while they see the need for financial education programs, they don’t think they have the budget for them.  Money 101 now has released a corporate package that starts at $5,000 – and can be offered at this price to all employees. Please review the packages found on this website.

Tracking the return on investment of incorporating a financial aspect to a wellness program can also be challenging.  However, there are many studies that show that stress leads to poor health.  

It's a good assumption that many employees are feeling financial stress these days with the media hype reporting daily on a global financial crisis.  Money 101 offers succinct reporting to the employer on a quarterly basis containing vital information on levels of financial literacy, financial stress, employee retirement intentions and even job satisfaction.

Taking a more holistic approach to wellness is catching on at many companies, the most forward thinking are doing it now.