Australia’s low rates of financial literacy lead to stress, anxiety and depression in our workforce.

Investing in financial education for your employees reduces financial stress and can result in:

  • increased productivity
  • reduced absenteeism
  • increased work satisfaction
  • job retention
  • improved mental health

In addition, financial education can improve performance by:

  • elevating decision-making abilities
  • increasing leadership skills
  • managing informed negotiations

StaffAny 2023, Financial Literacy for Employees: Why It Matters and How to Improve It, StaffAny, viewed 12 September 2023, <https://www.staffany.com/blog/financial-literacy-for-employees/#:~:text=2.-,Improve%20Employee%20Retention,in%20search%20of%20new%20employment>

Morgan, P 2022, Money Problems? Financial Literacy Could Benefit Your Business and Employee Returning to Work, Forbes Newsletter, viewed 7 August 2023, <https://www.forbes.com/sites/paulamorgan/2022/09/30/money-problems-financial-literacy-could-benefit-your-business-and-employees-returning-to-work/?sh=6e97af1564cc>