Why should you support your employees’ money management?

As an employer, there are many benefits you are legally required to provide so that the overall wellbeing of your employees is cared for. But there is also room for some non-legal requirements, known as perks, that can aid the everyday life of your team.

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Good perks can have positive trickle-down effects on employees’ mental wellbeing, work productivity, company loyalty and general levels of self-confidence. They can also attract new recruits, especially Generation Z, who look for more than just a good salary when negotiating contracts.

Financial wellbeing is one of the most popular perks that employees are looking for. Claro Wellbeing carried out some research and found that 50% of employees are eager to have financial education and wellbeing benefits offered by their employer. We’re exploring why it’s a win-win for both employers and employees to have this perk. Read on to learn more.