Nudging Financial Behaviour

We are

Nudging
Financial Behaviour

Helping businesses and their employees take control of their financial situation.

Helping YOU spend less and save more!

What we do

We are

Nudging
Financial Behaviour

Helping businesses and their employees take control of their financial situation.

Helping YOU spend less and save more!

What we do

What is the impact of your staff not being in control of their financial situation?

Reduced productivity and workplace morale

Financially insecure employees have low productivity and anxiety which can influence the workplace.

Most workers are stressed about their overall finances and many report that these financial problems are a distraction at work. The inability to make responsible financial decisions will also likely cause financial problems which can create anxiety, depression and sleeping disorders.

Reduced business profitability

Inability to maximise personal finances is likely to spill over into the business.

If staff do not understand the important of controlling expenditure and thinking long-term with their personal finances, how will they be on board with the same aims within the company?

Absenteeism and health care costs

Staff that haven’t made appropriate allowances for medical expenses can create a domino effect.

Staff that have not made appropriate allowances for doctor visits and other medical expenses are more likely to spread illnesses or be absent from work. This creates a domino effect of increased employee sick days and health-care costs for the business.

Impaired company culture

One in five employees want financial guidance from their employer.

When employers do not respond to the needs of employees, company culture suffers. Furthermore, employees often do not even understand their payslips and may be unaware of the financial benefits that are already offered by their employer.

Increased recruitment costs

Financial anxiety can influence staff retention and loyalty.

Staff in financial trouble may leave for higher-paying employment. This translates into increased costs and time spent on recruitment and limits the company’s ability to attract quality candidates. The cost of investing in and training staff should also be considered.

Theft and fraud

Staff who are struggling financially may resort to stealing from the company.

Pre-employment credit checks and screening won’t necessarily prevent this. Many people have healthy finances at first. But this can change.

What is the impact of your staff not being in control of their financial situation?

Reduced productivity & workplace morale

Financially insecure employees have low productivity and anxiety which can influence the workplace.

Reduced business profitability

Inability to maximise personal finances is likely to spill over into the same unlocked potential in the business.

Absenteeism and health care costs

Staff that haven’t made appropriate allowances for medical expenses can create a domino effect.

Impaired company culture

1 in 5 employees want financial guidance from their employer.

Increased recruitment costs

Financial anxiety can influence staff retention and loyalty.

Theft and fraud

Staff who are struggling financially may resort to stealing from the company.

Nudging the financial behaviour of employees

Aiding understanding of behavioural biases and spending behaviour

Nudging the financial behaviour of businesses

Nudging the financial behaviour of individuals

More About Our Services

About Us

Helping businesses save money by supporting their employee's financial well-being.

We perfectly understand the biases that influence how we manage our money. We are passionate about helping people understand their behaviour with money and gently nudging them to spend less and save more. With several academic journal publications on investor behaviour, financial literacy and personal finance, we are experts in the field. Nudging Financial Behaviour is our way of taking the academic findings, bringing them to life, and sharing them with those that need it the most.

More About Us

Some interesting numbers about employees

Household debt to disposable income

Average monthly amount saved

Want to learn more about how to save

Able to stick to a retirement plan

Read Our Research

Some interesting numbers about employees

Household debt to disposable income

Average monthly amount saved

Want to learn more about how to save

Able to stick to a retirement plan

Read Our Research

Employer responsibility

The responsibility of learning more about financial wellness does not just rest with the employee, but the employer as well. There is a big opportunity for employers to ensure that their workforce is financially-empowered.

It is worthwhile investing in the financial wellness of staff as it will provide stability to the business. Employees will feel appreciated and motivated. This will ultimately translate into higher productivity and better results for the business.