MMI C&PS serves the financial wellness needs of medium-to-large group clients in the corporate and public sector.
We have a wide range of solutions available to meet a broad spectrum of needs.
Through these, we aim to create shared value on this journey for both us and our partners in Financial Wellness.
The tools in our Business Financial Wellness Guide allow us to have meaningful, on-going strategic conversations with you about your business’s needs and goals. This helps us identify where your business is on the road to financial wellness and where there are opportunities to improve and intervene.
All this is done in partnership with you and will result in tailored improvements for your businesses, your employees and communities, and new ways of looking at your business in relation to your peers. These tools include:
Consumer Financial Vulnerability Index
Through our collaboration with UNISA, we identify the specific sub-components that consumers feel are causing financial stress – namely income, expenditure, savings, and debt servicing. Studies show that these fears impact employee productivity and lead to presenteeism; being at work without being focussed or productive.
Effective Employee Index
Studies show that absenteeism costs our country R16 billion a year, while presenteeism can cost up to 4 times more. Tracking employee productivity leads to exponential returns for a business’s Financial Wellness while enhancing the sustainability of the organisation.
The insights we get from our Financial Wellness Guide enable us benchmark your Business Financial Wellness relative to your industry peers and business as a whole.