Fin Fit is a newly established company in Namibia to address the gaps in financial literacy, capability, and wellness in Namibians.
Essential parts of any wellness program is providing financial education and developing financial literacy skills for employees and community alike. Whether your employees or community members are concerned with saving for retirement or trying to pay off debt – the UR MONEY products and services seek to support Namibians path to financial security.
Financial Wellness should ultimately lead employees or communities to financial success on their own terms at every stage of life—no matter what the financial challenges or goals. A financial wellness program using this approach must educate individuals and give them the opportunity to take control of their future.
Financial worries also negatively impact employees’ personal relationships and health. This translates into reduced productivity or days missed at work. A separate PwC report from 2019 found that 47% of employees who report feeling stressed over their finances miss work or are less engaged on the job due to financial stress. For employers, financial wellness can be a competitive advantage in attracting, retaining and engaging employees. At least three in four Millennial and Gen-X employees say they might consider a position at another company that emphasizes employee financial wellness. That’s consistent with the finding that 71% of employees use their company’s financial wellness program.