Ways to Wealth EP18: Financial Wellbeing Special, with Charlie & Helena

This week on the Ways to Wealth Podcast, we’re talking about the new and exciting Employee Financial Wellbeing Program! Charlie and his team have been working hard at researching and analysing the impacts that a lack of financial wellbeing has in the life of employees. We found that 75% of employees are stressed about their personal financial situation and this financial stress is so impactful in people’s lives, that employers could be losing up to $1200 per employee, per year. Employees are so affected by financial stress they are up to 20% less productive, 50% more stressed, and 2.3 times more likely to miss work than employees that aren’t suffering from financial stress. Our scheme supports employees to start their wealth journey, through financial education, a financial goals consultation where we set initial goals for all employee’s households, frequent check-ins, emergency appointments, track progress and support individuals to achieve better outcomes and greater productivity! Join us as we talk about all the issues surrounding employee financial stress, the research we’ve conducted on its impacts, and what we’re doing to improve the lives of employees across all of New Zealand! 💭 Let us know what you think of the Employee Wellbeing Programme in the comments below! 📺 Check out all our other Podcast Episodes here: eccuity.com/podcasts Follow us across all our socials for more updates: Facebook | TikTok | Instagram | LinkedIn | X | Spotify Episode Timestamps: 00:00 Intro. 01:06 What’s the Financial Wellbeing Program? 06:26 How’s has it been Received so far? 07:54 The Outcomes for Employers. 09:02 You Employ People, not Skills. 10:37 The Outcomes for Employees. 11:37 How we Create Employers of Choice. 13:22 How is the Program Delivered? 14:36 How the Program Changes Lives. 16:02 What Benefits are Employers already Seeing? 17:09 How we Help Households, not Individuals. 18:12 How we Breakdown Cultural Barriers. 20:05 The Impacts on People’s Health. 22:00 What we’ve Learned from the Podcast. 23:29 A Business’s Responsibility for Employee’s Outcomes. #nztech #nzstartup #nzinvestors #eccuity #waystowealth #wellbeing #service #stress #retention #efficiency #financialliteracy #wealth #financialfreedom #charliemeaden #helenasingh #transformation #nzservices #fintech