The future of work is changing fast, and for good reason. Traditional office setups are being replaced by flexible, hybrid models that let employees choose where they work. But flexibility isn’t the only thing that matters.

Employee well-being is key to any successful business. It creates a happy, productive, and creative workforce. Ignore it, and you risk problems like absenteeism, theft, lack of creativity, and low presenteeism due to stress. In South Africa, financial worries lead to missed work and a spike in absenteeism around payday because employees can’t afford transportation.

Our latest Earnings Unleashed podcast explored this topic. Our host and Chief People Officer, Andisa Liba, chatted with Themba Chakela, Chief People Officer at Blue Sky. They talked about the challenges and opportunities in the evolving work landscape. Themba's message was clear: companies that focus on employee well-being will thrive.

Here’s what Themba highlighted for building a thriving workforce:

Achieving Work-Life Balance: Nobody wants to be stuck with boring tasks all day. Employers need to create a culture where employees can bring their whole selves to work and embrace their unique talents and passions. This includes flexible work arrangements, professional development opportunities, and a strong company culture.

Catering to Different Personalities: Some people love face-to-face interaction, while others thrive working remotely. Companies should find creative ways to accommodate both preferences.

Embracing Technology: AI and other tech tools are becoming essential. The focus should be on creating a productive and engaged workforce.

We agree with Themba when he says, “The future is bright, but adaptation is key.”
The future of work is about creating an environment where employees feel valued, supported, and empowered. At Floatpays, we prioritise financial well-being by helping employees save, budget, access financial literacy resources, and get a portion of their earned wages early for emergencies.

Our research shows a big factor in workplace productivity: employees often don’t have enough money at the end of the month to afford transportation, leading to high absenteeism between the 22nd and 25th, just before payday.

Financial stress is a big deal for many employees, affecting their overall well-being and ability to focus at work. Helping employees with their financial health can lead to a happier, more productive workforce. That’s why this July Savings Month, Floatpays is all about helping employees save. Our platform empowers and supports all employees on their financial wellness journey.
Here’s what we offer:

  • Paycheque-Linked Savings Account: Makes saving effortless by letting employees automatically set aside a portion of their paycheck towards their savings goals each month.
  • Budgeting Tools and Financial Learning Resources: Helps employees understand personal finance, budgeting, and responsible money management.
  • Employee Rewards: Encourages saving behaviours with recognition and rewards.

Floatpays wants to ensure financial setbacks for your employees are a thing of the past.

Contact our team today and learn how Floatpays can empower your workforce.
Whatsapp: Let's Chat!
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