and improve your bottom line…
It’s already hard enough trying to attract and retain the right staff and boost the productivity of your current team. Not to mention the pressure to stay under budget with your initiatives! When staff are stress-free and more confident about their finances, they’re more motivated and more productive. So you could gain back heaps of working hours in productivity.
A financial wellbeing program for all staff
We offer an affordable range that starts with off-the-shelf units, all the way up to fully branded programs. Our flexible, self-paced online financial education delivers amazing results. Every client enjoys full support from our Melbourne-based team, as well as a suite of resources to help you get the highest uptake rate possible. Whichever way you go, we’ll help you get results you can be proud of.
What’s the ROI for an staff financial wellbeing program?
A recent report by PwC, commissioned by the government’s Mentally Healthy Work Place Alliance, revealed that workplace mental health initiatives can deliver a return on investment (ROI) of $2.30 for every $1 spent. US-based academic E. Thomas Garman puts the return for financial education initiatives specifically at up to 3 to 1, or around AUD$500 per employee in the first year alone.
Heads Up has produced a must-see ROI tool allowing you to predict how much you could save by implementing an initiative such as financial education.
With reduced stress and improved mental health of your employees, you can reduce costs in 3 key areas:
- Presenteeism: employees coming to work when they’re in no fit state to be productive, because they’re worried about losing out on income.
- Absenteeism: employees taking more days off than they ought to because they’re disengaged.
- Compensation claims: claims made for mental health conditions which arise due to stress.