To Improve A Business, Leaders Need To Ask Uncomfortable Questions
Today's economic climate requires leaders to understand the financial wellness of their employee base.
Employee Financial Help Outside The Paycheck
The one true benefit your employees really need.
Small loans to address short-term financial strain + ongoing financial education to address long-term financial stability.
Working Together Pays Off
When you partner with Benefi, you open the door to an integrated network of financial wellness for your employees. Delivering both the financial products they need to manage debt or emergency expenses as well as the financial knowledge needed to better manage future income and savings. The pay off for you is a happier, more productive and more loyal employee base. The pay off for your employees is lasting financial stability.
Our Approach To Employee Financial Wellness
Benefi’s financial wellness platform puts employers in a positive, proactive support position around employee financial wellness. It starts with establishing a financial wellness baseline for the entire workplace. It continues with implementing ongoing financial education, with loan, savings and credit improvement services for employees as needed. Connecting employees with both the financial products they need to manage debt as well as the financial knowledge needed to better manage their future.
Services
Financial Wellness Checkup (FREE)
Benefi’s Employee Financial Wellness Audit is administered via a blind (non-identifying) online survey and looks at the overall holistic financial wellbeing of each employee. The result is a clear baseline of the financial stability of your employee base highlighting areas of financial wellbeing that require attention, such as a low savings rates or a poor debt to income ratios.
Employee Borrowing
Benefi helps workers who are struggling with debt regain control of their finances by providing much more affordable loans rates, terms and payment options. For the employee, consolidation of bad debt often results in the equivalent of a 6-8% post-tax income raise.
Employee Learning
Financial wellness starts with knowledge. Benefi allows you to weave financial support and understanding into your employees everyday work life. Leveraging behavioural economics our education offerings help employees become more aware and more able to plan for a stable and successful financial future.
Employee Saving
With Benefi your employees can automatically direct a percentage of their pay cheque to a savings or investment product specifically designed to meet their most important financial goals and aspirations.
Supporting Partners
This Is Proactive Well-being
“College graduates spent 16 years gaining skills that will help them command a higher salary; yet little or no time is spent helping them save, invest and grow their money.”
Vince Shorb, CEO - National Financial Educators Council
The Impact Is Real
There is no doubt that your employees are working hard for their income. Unfortunately, if they do not manage their money wisely and end up needing help, traditional financial services are often not available nor designed to provide the assistance they need. If left unchecked, the impact on your business and your employee base is quite significant.
36%
More sick days are taken by employees with poor financial health
60%
Of younger workers feel they are living paycheck to paycheck
75%
Of employees say finances are their biggest source of stress
2x
As many employees will seek a new job if stressed
financially
