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26

Aug 2019

Kineo and Money101 Announce Strategic Partnership

Blog posts

Sally Danbury

Sally Danbury

Nurture Marketing Specialist at Kineo APAC

Kineo Courses originally centred on compliance in the workplace. This focus remains today, although as we grow, our dedication is to shape the future of learning. 

Our strategic partnerships are highly selective in order to deliver more impact to more people. As a result, Kineo is very excited to announce its new partnership with Money101. This partnership delivers you online jargon-free, product-free financial education, that will empower your team to make better financial decisions, and reduce the stress in their lives.

This is the optimal employee benefit for job seekers when choosing an employer, as remuneration is not the sole consideration anymore. Employees are seeking a more balanced, less stressed lifestyle.
According to AMP’s most recent Financial wellness in the Australian workplace study,

“Financial stress is costing Australian businesses an estimated $31.1 billion annually. Two in five Australian employees will experience financial stress over their working lives. This will last on average for 6.4 years or more. Financially stressed employees are less engaged at work and are more likely to under perform and take additional time off.”

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Why would you spend your limited training budget on financial wellbeing education?
AMP has concluded that on average 3.2 days are lost annually due to stress-related presenteeism and financially stressed employees take an additional 2.4 days annually. If you calculate the impact across your workforce, this is a significant negative impact on your organisation’s productivity and profitability.

As employees are becoming increasingly aware of the wider issues affecting valued staff, and workplace wellbeing programs are becoming more commonplace. In the US in 2019, financial wellbeing programs are the most highly sought employee benefit.

There are several ways to be regarded as an employer of choice., Expanding your employee assistance program to include financial wellness could be vital in this regard.
The benefits are quickly realised to those businesses acknowledging that work isn’t the only important part of their employee’s lives. Business and HR leaders want to see there is;

  • Improved productivity
  • Lower sick leave levels
  • Lower workplace stress
  • Improved job satisfaction and workplace engagement

By offering online financial wellbeing learning to your team, your workplace can be one step closer to achieving these outcomes. As a busy L&D manager or HR leader, you don’t have time to spare. We understand this implicitly and that’s why we are pleased to offer Money101’s off-the-shelf online financial education solutions through Kineo Courses. It is ready to deploy whenever you want it and it can also be added to any pre-existing learning management system. Browse 110 titles across 15 topics and 7 life stages. These cover the basics adults both young and old need to master, so they can make confident, independent and informed financial decisions. Money101’s modules are regularly updated to reflect legislative changes. In a nutshell, they’ve done all the work for you.

Get in touch if you would like to find out how easy it is to offer these benefits to your team.

Sally Danbury

Sally Danbury

Nurture Marketing Specialist at Kineo APAC

Since the year immemorial Sally has exercised an avid passion for creativity with words, images and Pilates.  She is most content in the workplace when crafting enticing messages that inspire and engage.