Dealing with Financial Stress

Workplace Productivity^

Financial stress is a silent disruptor in the workplace, affecting employees’ concentration levels, their sense of satisfaction in the workplace, and ultimately, how productive – or otherwise – they might be. Numerous studies show that employees weighed down by financial concerns are less engaged, more prone to making mistakes, and have higher absenteeism rates. Addressing this issue not only benefits the individual but can lead to a more vibrant, productive, and cohesive work environment.

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How Questis Helps^

1. Comprehensive Financial Assessments

We start by understanding each employee’s unique financial situation, providing a foundation for personalized guidance.

2. Automated Financial Tools

From budgeting to savings, our tools make managing finances simpler and less stressful which, in nearly all cases, leads to a distinct productivity boost among employers.

3. Debt Management Programs

We offer strategies and support to help employees reduce debt, relieving a major source of financial anxiety.

4. Investment and Retirement Planning

Our advisors diminish the impact of financial stress on workplace productivity by helping employees plan for the future, making their long-term financial goals achievable.

5. Financial Education Workshops

Knowledge is power. We equip your team with the information they need to make informed financial decisions that will help to motivate them.

6. Personalized Support and Advice

Every employee can access one-on-one financial coaching, addressing personal challenges and goals, all from a simple-to-use app that is user-friendly even for people who’ve never considered their financial futures before.

Understanding the Impact of Financial Stress on Workplace Productivity^

See how coaching helped Sophia with
her financial goals

Sophia, a struggling 35 year old paid off $25,000 of debt and saved an $8,000 emergency fund with the help of her Questis Financial Empowerment Coach.

Watch the video

Transforming the Effect of Financial Stress on Workplace Productivity ^

Leveraging Questis means benefiting from a multifaceted approach, focusing on preemptive measures, customization, and targeted solutions to foster a financially literate and empowered workforce. Below are the three key subsections that articulate this strategy for greater workplace productivity.

A Proactive Approach to Financial Wellness

Questis leads the charge in mitigating financial stress through proactive financial wellness initiatives. By cultivating a workplace culture steeped in financial literacy and empowerment, we enable employees to preemptively tackle financial challenges. This approach not only alleviates the most immediate financial stressors that may be impeding work rates but also equips employees with the knowledge and tools necessary to navigate future financial uncertainties with confidence, ensuring sustained productivity and well-being.

Customizable Financial Wellness Programs

Understanding that each workforce is unique, Questis offers fully tailored financial wellness programs designed to meet the specific needs and goals of your employees. These bespoke programs enhance employee engagement by providing relevant, actionable financial strategies and solutions. From personalized financial coaching to targeted educational workshops, our flexible offerings ensure that every aspect of your workforce’s financial wellness needs is addressed, fostering a more productive and satisfied workplace.

Empowering Employees for Productivity

At the core of Questis’s mission is the empowerment of employees to achieve not only financial stability but also to contribute more effectively to their workplace. By integrating comprehensive financial wellness tools and resources, employees are better positioned to manage their financial lives, reducing stress and improving concentration. Typically, this empowerment translates into higher productivity, as financially secure employees are more engaged, motivated, and capable of delivering their best work, driving your organization forward. Why not try it for yourself and see just how valuable Questis could be for your team, boosting workplace productivity while also engendering greater loyalty among your employees?

Empower the Success of Your Business With Financial Wellness

Building less financial stress among employees into your organizational framework represents a strategic commitment to enhancing your workforce’s well-being and driving business success. Tackling financial stress head-on, Questis empowers your team to reach their highest potential, creating a dynamic workplace atmosphere where both productivity and job satisfaction thrive. This investment in your employees’ financial health is a catalyst for cultivating a more focused, motivated, and efficient workforce, which in turn, will propel your company towards its objectives with renewed vigor and resilience.

Questions?

A Financial Advisor usually gives advice or specific recommendations about investments, like what investments or mix of investments someone should have based on their age and goals. Retirement plan advisors give advice about 401(k)’s. Financial Coaches work with clients on managing their money day-to day and month-to-month—the basic stuff that people often need help with. Coaches can help clients clarify their financial goals in addition to retirement. Coaches focus on helping cleints build a better relationship with money and positive financial habits to help them reach their goals, both shorter term and longer term.

A coach will probably ask what’s prompting them to meet. They will work together to come up with a plan to address whatever the issue might be. Instead of telling them what they ‘should’ do, their coach will help them explore all of their options. Coaches can provide financial information and expertise, while they’re the expert on themselves–what matters to them, their situation, their resources. A coach is a guide to help them create their action plan to reach their goals.

Coaching focuses on helping people reach their financial goals. We start by looking at where someone is now so we can work with them to create an action plan to get them where they want to go. It’s important to have a starting point. We recommend connecting their checking account(s) in the Questis platform to get a better sense of the money they have coming in and going out every month. Connecting a checking account will automatically generate a budget for them as well. The user can also complete their profile and add their current financial priority to give their coach more context around their goals.

No, there’s no limit on the number of sessions. The coach and your employee will decide how often they need to meet and for how long. Many questions or issues can be addressed in just 1 or 2 sessions, or they might decide to meet regularly over a longer period of time. They can always come back for additional coaching, too, as new situations or issues arise.

Employees can meet with a coach via Zoom or by phone–whichever they prefer. They can also get questions answered via the chat within the platform or by email. We encourage Questis users to meet via phone or Zoom, so they can have a conversation with their coach.

Yes, we have sessions available from 9am to 9pm Eastern time, Monday through Friday.

Yes, they can. We do assign coaches to everyone when they register on the Questis platform, as a way to get started. But if they’re looking for a coach with expertise in a particular area, or if they just feel more comfortable with a different coach, it’s ok to switch. They can just schedule an appointment with the coach they’d like to work with directly from the platform.

Yes, we encourage individuals to include a spouse or partner in coaching sessions because it’s important for couples to be on the same page with their shared finances. Or older children who might have questions about paying for education can join a coaching session.

See coaching in action^

Schedule a 20-minute session with our Head of Coaching by selecting
“tell me more about coaching” in the contact form.