Australians are turning to their employers for guidance as personal financial stress spikes.
Financial stress does not discriminate, with 70% of employees admitting to worrying about or spending time dealing with personal finances at work, despite their position or level of income. This is costing employers over $47 billion each year, according to the research conducted by the Employee Benefits and HR Consulting division of Gallagher.
Complete the form to download the Employee Financial Confidence Report.
How much is financial stress costing your business?
When your employees are financially stressed, their productivity suffers. But what’s the actual impact on your bottom line? Your information is completely anonymous. This data is not saved, and we do not share your personal data. You can help your employees manage their financial stressTalk to a Wellbeing Specialist
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$0* Estimated weekly cost to workforce
$0* Estimated annual cost to workforce
*Calculated based on your provided data, Australian Bureau of Statistics and Gallagher's 2019 Financial Confidence Survey metrics which interviewed over 1000 Australian employees. Metrics include: average hours per week that an employee spends concerned about or dealing with personal finances at work and a 46 week work-year.
34% of Aussies have an idea of how much they need to retire comfortably.
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