Benefits

Benefits for the company

How productive can anyone be if they’re worried about money?

Most responsible business owners recognise that happy employees are more productive. One common source of stress in today’s environment is around an individual’s financial situation – how they will provide for their family, pay their rent or mortgage, pay for groceries and stretch their wages as far as they can.

Individuals who are distracted by money worries can be unhappy, unmotivated and unproductive. A poor understanding of finances can also extend to a poor understanding of the value of the products and services individuals deal with in their working environment.

It’s simply not practical for business owners to address their employee’s financial worries by increasing their wages. You can, however, improve your employees’ situation by teaching them how to make their money go further.

Businesses who have undertaken our Financial Literacy training programme report that their staff feel more empowered, less stressed and happier. They share their new understanding of budgeting with their workmates and families. They are also more aware of the costs involved in their work environment and the value of their products.

Learner outcomes

For learners to:

• Understand the basic terminology related to personal finance
• Set short, medium and long term goals
• Learn how to differentiate between needs and wants
• Understand the basic principles of budgeting
• Understand the impact of interest on loans and savings
• Learn where to go for further help
• Learn ways to teach children about these concepts

“It broadened my outlook on budgeting, savings, investments, my wants and needs...we were lucky to have the people to teach us the skills and people to contact and keep in touch with to talk afterwards.”

Erwin, Foodstuffs

“I got more confidence to learn about what I want and what I need. Before I didn’t believe in savings or know about interest...happier at work, less stress, cause now I have savings.”

 Rosie, Foodstuffs