Financial worries are one of the main sources of stress for workers. The stress can affect their physical health, concentration and work performance. The good news? There are some simple solutions that can make a difference in employees’ well-being.

Employees’ well-being can also be improved through better financial health. Offering your teams financial education resources is a concrete way to support them in everyday life.

Resources to help employees

Why not give your employees access to simple, practical resources to help them better manage their personal finances. A wealth of free tools are available to you through the AMF and its financial education partners:

Managing personal finances: Everybody wins!

Supporting employees in managing their finances contributes to their overall wellness and also benefits you as their employer. What if we told you that financial health is just as important as physical health?

The benefits are tangible:

  • More confident employees who are better prepared to deal with unforeseen events and are therefore less stressed
  • Improved retirement planning
  • Greater financial self-sufficiency among employees, which often translates into peace of mind

The 2018 AMF Index found that, in the event of a loss of income, barely half of Quebecers had enough saved away to meet their needs for three months without having to borrow money.

Training activities tailored to the workplace

There are also various personal finance training activities you can offer to your teams. Some cost something; others are free. These activities are easy to integrate into the workplace and can make a real difference in employees’ lives.

For additional information or to organize an activity, please contact the educational organization responsible for the activity.

Espace finances offers a turnkey workplace financial education program:

Point Finance$ Entreprise : le bien-être financier, c’est payant! This link will open in a new window (in French only)

L’Ordre des CPA du Québec offers financial literacy workshops tailored to your needs.

Make sense of your finances This link will open in a new window

CPA Canada offers businesses free, in-house financial literacy sessions.

Setting up a financial literacy session This link will open in a new window

The Centre de services aux entreprises du Cégep Marie-Victorin offers a variety of workplace courses (fees apply) designed to help develop a better understanding of personal finances and financial planning issues. Find out about the following programs:

Ma santé financière, j’y tiens This link will open in a new window (in French only)

Éducation financière et juridique mi-carrière This link will open in a new window (in French only)

Retirement preparation courses This link will open in a new window (some courses offered in English)

The Université du Québec à Trois-Rivières offers a five-week MOOC (massive open online course) designed to improve participants’ ability to make sound decisions about personal finance and taxation.

La littératie financière et fiscale ouverte à tous This link will open in a new window (in French only)

The Université Laval offers a dynamic and innovative approach to expanding participants’ knowledge of personal finance. A series of workshops and video capsules introduces key concepts in personal financial planning with practical illustrations.

La finance personnelle démystifiée This link will open in a new window (in French only)

McGill University offers an on-line course that helps participants gain the knowledge and confidence to make a lifetime of smart financial decisions.

McGill Personal Finance Essentials This link will open in a new window

Insight

Additional help

Did you know? Consumer associations assist people who want to manage their budget better or who are experiencing financial hardship. These organizations offer practical advice, resources and personalized support.

Find an association at http://www.toutbiencalcule.ca/votre-association/ This link will open in a new window

End of the insight