MAXIS GBN reveals new financial wellbeing partnership
MAXIS Global Benefits Network (MAXIS GBN) has announced a new partnership with LearnLux, a global financial wellbeing provider. According to the company the partnership will enable its multinational clients to give employees access to expert financial wellness guidance, no matter where they are in the world.
LearnLux helps employees navigate life decisions with unbiased, judgment-free guidance on budgeting, managing debt, electing benefits, planning for major life events and saving for retirement. Its platform offers employees interactive educational resources and tools that are customisable and aligned with specific benefits plans to ensure guidance meets their unique needs. Employees can also access unlimited 1:1 guidance with Certified Financial Planners and receive a personalised financial plan to help them address their personal goals.
According to MAXIS GBN studies show that when employees feel confident about their finances, employers benefit from reduced financial stress-related absenteeism, higher productivity, better benefits utilisation, and greater return on their total compensation investments. And according to a recent LearnLux report, employees value financial support being provided by their employer:
• 79% of employees say they are more likely to stay with their current employer because they offer LearnLux
• 76% of employees surveyed agreed that having access to LearnLux improved their confidence so they can achieve their financial goals.
LearnLux supports employers and employees in over 100 countries worldwide, delivering services in 35+ languages.
Rebecca Liebman, chief executive at LearnLux said: “Financial stress is universal, but getting the support needed to address it hasn’t been. And that’s where LearnLux comes in. We’re proud to make expert, judgment-free guidance accessible to employees no matter where they are in the world. We’re excited to be partnering with MAXIS GBN to bring that same trusted experience to its multinational clients, with support that’s truly local in language, benefits and context.”
Dr Leena Johns, chief health & wellness officer at MAXIS GBN said: “We are living in a time of huge economic uncertainty, with rising inflation, cost of living crises and limited access to tailored financial guidance. And this doesn’t just impact financial health – the stress associated with financial uncertainty can have a huge impact on both individuals and businesses. Many employees around the world cite financial concerns as their primary source of stress and this can result in a downturn in productivity and missed work days.
“But all hope is not lost – there’s a huge opportunity to give employees the skills and tools they need to take control and better manage their personal finances. I’m delighted that we’re adding LearnLux to our wellness technology marketplace, helping our multinational clients empower their people to tackle this rising issue – and the stress associated with it – to ultimately live happier, healthier and more fulfilling lives.”
LearnLux is the latest supplier to join MAXIS GBN’s wellness technology marketplace. The marketplace offers multinationals a dedicated and unique suite of digital-led health and wellness services from some of the world’s most innovative providers. The marketplace consists of carefully selected third-party suppliers that deliver global wellness solutions to multinationals and their people, matching the footprint of the employer.
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