Australian Finance Podcast No Pay Rise? No Problem (Sort Of)!
Sep 29, 2025
Lexi Smith, a money coach and founder of MoneyVine, joins Gemma Mitchell to explore the benefits of financial wellbeing workshops in the workplace. They discuss how these workshops can reduce financial stress, thus improving employee focus and performance. Lexi emphasizes personalized content based on employee surveys, ensuring topics resonate with diverse teams. They also highlight the importance of actionable steps employees can take to ease financial tension and differentiate between coaching and financial advice. Personal stories from attendees reveal how these workshops can spark transformative financial changes.
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Workshops Improve Focus And Productivity
- Financial wellbeing workshops improve employees' focus and reduce financial stress at work.
- Employers gain productivity and engagement by offering these workshops instead of only perks like pizza parties.
Survey Employees Before Choosing Topics
- Survey employees first to choose relevant workshop topics rather than guessing what they want.
- Use the survey responses to tailor sessions so participation and value increase.
Use A Subsidy Model To Boost Engagement
- Use a hybrid funding model where employer subsidises and employee pays part to increase engagement.
- Small personal payment creates 'skin in the game' and improves attention and outcomes.
