Nurturing Resilience Through Financial Confidence - A Guide for Employers

Despite the deceleration of Philippine headline inflation, transport charges remain high, as do food and power rates which are under pressure from the effects of El Nino and global oil prices. These are just some of the factors that keep the cost of living for Filipino workers steep—with sustained upward pressure on power prices expected due to currency depreciation and power supply shortages in the near future.

Employees’ financial stress levels have risen in response, causing employees to increasingly depend on their employers for financial support.  

In this whitepaper we explore different levels of financial confidence present at Filipino workplaces, and provide solutions for employers to address the challenges in order to unlock higher employee engagement levels.