43% of employees deal with financial challenges.
Source: BNN Bloomberg
Colleague Health supports your associates by providing confidential, as-needed financial wellness counselling and practical ‘turnaround’ strategies.
More than providing financial literacy support, this aspect of our service provides financial empowerment support – with professional, licensed counsellors providing the support needed for nearly half of the workforce.
Additional support is a personalized financial-management stress-reduction campaign, designed to build basic financial literacy, provide assurances of support, and warn of the risks common financial ‘traps’ (eg: high interest payday loans).
Specific services include:
- Understanding money
- Managing credit cards
- Debt repayment
- Planning a budget
- Sticking-to a budget
- Planning for retirement
- Planning for extraordinary expenses