The terms, financial safety, financial security and financial wellbeing are all used interchangeably. No matter how it is termed, being in an uncertain financial situation has a negative impact on personal wellbeing. With over 58% of Australian employees admitting to having some financial concerns, including financial wellbeing in your healthy workplace strategy has merit.

Resources

Finances | Head to Health

This site provides resources and information about the strong links between financial safety and mental illness along with a search tool to find online and phone-based mental health resources. You will also find a link to the National Debt Helpline where you can get free advice on how to manage your debts.

Financial wellbeing | beyondblue.org.au

The state of our mental health and wellbeing can make it harder to get on top of our finances and can lead to experiences of financial stress, which can then further impact our mental health. This site explains what financial wellbeing is, the signs of poor financial wellbeing and what factors can contribute. Find out what can you do to improve your financial wellbeing along with what financial wellbeing supports are available.

Financial counselling | moneysmart.gov.au

This website outlines the availability of financial counselling, which is a free and confidential service offered by not-for-profit community organisations. They are skilled professionals who provide advice and support to people struggling with bills and debt.

2022 Australian State of Employee Financial Wellbeing

This report outlines the current state of employee financial wellbeing, the role employers are playing and what the benefits of suitable financial wellbeing support could be for both employees and employers. Listing this report does not constitute the endorsement of Wagestream’s products and services.

Australia: a wealthy nation, feeling unwell

This report outlines the impact of poor financial wellbeing on the Australian workforce. Listing this report does not constitute the endorsement of NSP’s products and services.

Easing the pressure – The AMP 2022 Financial Wellness Report

This report provides a large-scale body of research which seeks to understand Australian financial wellness. The report offers access to action guides for your staff, which you can download and rebrand. Listing this report does not constitute the endorsement of AMP’s products and services.