Megan Worthing-Davies’ Post

About 8 months ago (the last time I checked the stats) 54% of Canadian’s and 58% of people in the United States live paycheck to paycheck. This significant problem appears to get worse each month. The education system didn’t prepare me to manage the complexities of my financial world, and systemic issues in most workplaces also do not support an employee’s financial wellbeing. However, there is hope for a better future for all. No longer will the strategy for managing our finances need to be avoidance. On the contrary, there is hope for people to get out of debt, to save for a better future, to support loved ones, to make a better life for your family and the community - this hope I believe comes in the form of www.ElektraFi.io I believe Employers and Leaders recognize the value of supporting their employees mental health, and IMHO, there’s no better way to do so, then to enhance their financial well-being. The Team (Libby Stewart, Manu Varma, Ryan St Hilaire and others) at ElektraFi are changing the world and are ahead of the curve. Reach out to them today to learn more about how you can empower your team with financial tools, education, support and more to change their lives! I can guarantee you, this will be the best investment your team has ever made!

There are many ways to tackle employee financial stress in order to boost workplace productivity and retention… As we step into Q3, it's an ideal time to educate your team on income management strategies and conduct mid-year personal finance reviews. Check out this video 🎥 on “Unlocking Financial Wellness Through A Mid-Year Review”. In under a minute, I discuss: 📉 The impact of today’s financial challenges 👀 Your attempted solutions that are falling short 💡 What your team truly requires Have you thought about implementing a "Mid-Year Personal Finance Review" to promote financial wellness in your workplace? Share your thoughts in the comments. #financialwellness #workplacewellness #learninganddevelopment #hrmanager #recruiting

The conversation about financial well-being is an important one, even in the workplace. Supporting your employees in developing a healthier relationship with money has long-term benefits, not only for your staff but for business, too. Fostering a work culture where employees are financially savvy influences how they manage other business resources, such as time and expenses. #OccupationalHealthAndSafety #WorkplaceSafety #LifeHealthSolutions

📢 Addressing a Silent Crisis: The Financial Well-Being of Employees in 2024 🌐💼 As we step into 2024, a pressing concern looms large—the financial well-being of employees. Join us as we delve into the critical issues and potential solutions in our latest article. 📰 Read the full article here: https://lnkd.in/ekhUQXRE In this insightful piece, you'll explore: ✨ The challenges impacting employees' financial stability. 💼 Strategies for employers to support their workforce. 🌟 The ripple effect on productivity and company success. 🌐 How a collective effort can drive positive change. Let's come together to address this silent crisis and foster financial well-being for employees. Empower your workforce for a brighter future! #FinancialWellBeing #EmployeeSupport #WorkplaceWellness #BusinessTodayNews #2024Outlook #FinancialStability #Productivity #HRStrategies

Adopting an employee-centric approach in expense reimbursements is a strategic move towards a happier workforce. 😄 It's an investment in your people and the future of your business. Prioritise your employees' financial wellbeing and watch your company thrive. #EmployeeFirst #BusinessGrowth

As Talk Money Week draws to a close, we consider the fact that 1 in 5 employees say financial stress has an impact on their productivity. This demonstrates how poor employee financial wellbeing can impact the bottom line of your business. It is also found to contribute to increased rates of absenteeism and presenteeism. Find out how we can help with financial wellbeing in the workplace in our latest blog 👉bit.ly/3QliWZp #TalkMoney #DoOneThing

Jones continued, “Feedback from our platform users highlights that employers who prioritise their employees’ financial well-being witness heightened productivity and a more positive workforce. https://lnkd.in/g498EdR7 #Feedback #OwnYouPerformance #ContinuousPerformance #Reputation #Recognition #FutureOfWork #PeopleAnalytics #Wellbeing #HRTech #Synchievement #Trust #Goals #Strengths #Development #HackingHR

🔵 Financial Stability = Increased Productivity 🔵 Did you know that a financially stable employee tends to be more productive than those who are financially distressed? Financial stability allows employees to focus on their work without the constant worry of financial issues. They are less likely to be distracted, more engaged, and more motivated to perform at their best. On the other hand, financial distress can lead to stress, anxiety, and distraction, affecting an employee’s ability to concentrate and perform effectively at work. Let’s strive for financial stability not just for our own peace of mind, but also for our productivity and overall job satisfaction. Remember, a happy employee is a productive employee! For employers, set a time for your staff to attend #financialliteracy sessions at the workplace. For employees, don't rely on your boss to make the first move for you. Financial education is FREE! Don't hesitate to DM me for a free consultation and we'll set a date and time to meet. Kita-kits! #FinancialStability #Productivity #WorkLifeBalance #EmployeeWellbeing #FinancialWellness #FinancialEducation

Webinar Announcement!! 📺 Join us on January 10th at 2pm EST for an exclusive 1:1 conversation with Jameson Fauver, Vice President of Business Development with Kashable, as we continue to unpack the ways best-in-class enterprise employers are paving the way for their employees to reach their financial goals. It is reported that about two-thirds of employees state that their earnings are not keeping up with the cost of living, and a majority of those individuals would not be able to cover a $500 emergency expense. This financial stress creates friction and a lack of productivity in the workplace, ultimately placing a huge financial impact on employers. Providing employees with access to a range of valuable resources at no cost, including responsible low-cost loans, live financial coaching, and free credit monitoring can alleviate financial stress and help create their path towards financial empowerment, ultimately improving employee engagement at work and increasing their tenure. https://lnkd.in/eygdpjfr

In today’s uncertain world, employee financial well-being has become a crucial focus for companies globally. Yet, despite best efforts, financial stress among employees remains a significant issue (57% report finances are their biggest source of stress). ✨ At a time when uncertainty is the only constant, ensuring the financial stability of your employees is not just a benefit but a necessity. ✨ Let’s discuss how our employee relief fund solution can be seamlessly integrated into your existing framework, providing much-needed support to your employees when they need it the most. But don't just take our word for it, check out why Harvard Business Publishing's SVP of Talent & CHRO Angela Cheng-Cimini 鄭婷婷 prioritized Canary for her workforce. #workerwellbeing #corporateresponsibility #financialstability #techwithheart #benefitstechnology