People who are experiencing financial stress at home tend to bring it to work with them.
If somebody’s worried about the power being cut off or their car being repossessed that can spill over into the workplace and affect how they do their jobs.
That can be hard, not only on the individual who’s affected, but on their workmates and the business they work for.
If you’re an employer there’s a lot you can do to help your people get their money sorted. At the same time you’ll be helping your business’s productivity and profitability.
That’s because staff who feel in control of their finances are likely to be more focused, take fewer days off sick and perform better at work.
The simplest reason for providing some financial education is to make your business a better place to work.
An easy first step is to order free Sorted booklets for your staff. These are a good source of independent information on topics like managing debt, budgeting and setting goals.
Or think about running a seminar at work. We have developed five free Sorted seminars which employers or managers can run with their staff. They cover topics ranging from goal setting, budgeting and managing debt through to making decisions about KiwiSaver.
You can download the seminars and all the material you need to run them yourself. There’s also a list of external facilitators who can deliver the seminars for you.
Whether you’re a big or small organisation, there is something you can do to help your staff get sorted financially.
Find out more information about Sorted’s free resources for employers.
Published 14 May 2010