
Frame | Employee Financial Wellness Platform
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Financial, physical, and mental wellness go hand-in-hand. The stress an employee endures concerning their finances can impact their physical and mental health, and can take its toll on their productivity at work.
Although you may already offer an attractive benefits plan that covers medical, fitness reimbursements, and insurance coverage, providing financial planning services gives you a progressive advantage in attracting and retaining talent.
* 1/3 of employees are distracted at work due to financial stresses
* 15% of employees are spending over 3hrs per week on their financial stresses while at work
* 24% say their employer offers services to assist them with personal finances and more than two-thirds (71%) say they've used the services
* Given a workforce of 100 employees, a Canadian employer will lose over 1,900hrs in productivity due to employee financial stresses.
While no single wellness benefit drives retention, they do show your employees that your company cares – and that does drive retention.
* Around 37% of employees are actively or casually looking for another job
* An additional 36% would be willing to consider another job if someone approached them
With nearly 3/4 of your workforce seeking external opportunities, offering the right financial wellness benefits can help you keep the talent you have.
Our financial and benefits education platform is specifically designed to enhance your wellness strategy and has been developed by behavioural scientists in order to provide lasting results for your employees. They will be able to develop a personalized, strategic roadmap that identifies financial goals and proper interventions aimed to improve their financial & physical health.
Contact a member of our team today to see how we can help your employees.
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financial planning
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