Mentoring in the workplace is a growth strategy for retention, engagement and revenue

Mentoring in the workplace is a growth strategy for retention, engagement and revenue

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Mentorship relationships in the workplace are a shared opportunity for learning and growth.

 

 Increasingly company leaders are using financial wellness mentors in the workplace to offer group sessions to employees to enhance their financial knowledge and improve their money management situations, both to eliminate or minimise their personal stresses and financial pressures, and to enable growth strategies within the company to grow profit and revenue, foster engagement, enhance the customer journey, and minimise staff turnover numbers.

 

 Behavioural scientists say financial mentoring at work, as an informal support network, offers many hidden benefits for the employee, the employer, the customer, and the brand.

 

 The Financial Times cites a study in the Journal of Vocational Behaviour which claims mentoring can help organisations address the serious and costly workplace issues of anxiety and mental health, and build confidence and resilience.

 

 Mentoring is a life-changing, empowerment tool for employers to coach and nurture staff who need help overcoming any stress they may feel, either in or outside the workplace.

 

 NSBS delivers tailored workplace wellness mentoring to meet all financial capability needs and provide validating money management solutions.

 

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The Building Financial Capability Plus programme, also called Total Money Management (TMM), is a holistic, intensive, guardianship support for vulnerable people and whānau who struggle to manage day-to-day money matters and need someone committed to making their financial decisions and paying their bills when they lack the capacity to do so themselves.

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