An employee financial wellness program is an employer-sponsored benefit that provides education, tools, and personalized support to help employees improve their financial confidence and reduce money-related stress. These programs typically include workshops, digital resources, and one-on-one guidance designed to support real-world financial decisions.

Financial stress is one of the leading causes of distraction and absenteeism in the workplace. In fact, up to 80% of employees say money worries affect their focus at work. When employees feel financially stable, they are more focused, engaged, and confident in their roles. Financial wellness programs help reduce stress, improve morale, and strengthen overall performance.

Canadian employees face unique financial challenges, including rising living costs, debt management, and retirement planning within the Canadian tax system. Offering a financial wellness benefit demonstrates leadership, strengthens recruitment and retention, and supports long-term employee wellbeing.

Finlotus provides access to the Finlotus app, live and recorded financial education workshops, and confidential 1:1 money chats. The program is designed to be accessible, practical, and easy to integrate into your existing employee benefits structure.

Employees who feel supported in their financial wellbeing are more likely to stay with their employer long-term. In fact, 63% of financially stressed employees say they’ve turned down a job offer because of benefits or considered leaving their current role for better benefits. Providing financial education and personalized support increases job satisfaction, loyalty, and engagement, making it a meaningful, high-impact workplace benefit.