Thrive with a holistic financial wellbeing solution
Empower employees, reduce stress, and enhance productivity with Maji’s comprehensive
financial wellbeing solution.
Think Money. Think Maji.
1 Educate
with accessible financial resources
Lessen your employees’ financial uncertainties with accessible and easy-to-understand learning resources that cover essential financial topics.
2 Empower
through smart money management tools
Financial wellbeing isn’t just about making ends meet – it’s about giving employees the power to optimise their financial decision making, grow wealth and reduce their debt and ultimately feel confident and in control of their finances.
3 Support
across all life stages and financial milestones
As employees’ financial journeys vary, so should your financial wellbeing offering. Support your employees by offering relevant support for a range of needs: from student loans and homeownership to parenthood, retirement planning, and estate management. Every employee matters and can be supported!
4 Transform
lives with unlimited access to financial experts
Maji’s platform is intentionally built to give employees practical tools to build life-long positive money habits.
Why employee financial wellbeing matters
Financial wellbeing is the primary source of employee worries. Maji’s financial wellbeing solution helps your business and your employees thrive. As a leading financial wellbeing provider, we help businesses unlock the full potential of their employees by offering personalised tools and expert guidance.
88%
of employees experience
financial worries
that affect productivity
19%
of employees look to their employer for
sound financial support, tools and guidance
77%
of employees will leave
in 12 months if the cost
of living crisis worsens
Meet your employees where they are
Financial wellbeing is for everyone. Rest assured knowing you are providing a full service solution that not only solves your employees’ everyday financial challenges, but helps you add more value to your people.
Career starters
Support younger employees with financial literacy for the best chance at financial success
New parents
Provide access to workplace nursery scheme offerings to support new parents with extra savings
Home owners
Provide mortgage guidance through money management tools and access to mortgage advisors
Older workers
Provide pension support for your older workforce as they prepare for retirement
Family builders
Support family starters with adequate tools for pension, savings and investment plans
High earners
Provide access to estate planning tools and financial experts such as financial advisors
DE&I
Support women, minorities and disabled employees with inclusive tools and programmes
Neurodiversity
Deploy a tech-forward solution that caters for employees’ individual preferences
Everyone benefits from financial wellbeing
Benefits for your business
- Track ROI with detailed reports and aggregated real-time employee insights
- Put your people at the centre of your employee benefits strategy with data driven insights
- Boost productivity by reducing financial stress and giving employees peace of mind about their money.
- Enhance your employer brand with a compelling employee benefits offering
- Retain top talent by showing your commitment to their financial security and long-term success
- Maximise benefits utilisation with an intuitive platform that caters to every employee’s unique needs and life stage
Benefits for your employees
- Improve financial literacy and confidence with accessible self-serve digital learning journeys
- Feel more confident by using intuitive financial planning and budgeting tools
- Create a financially secure future for themselves and their family through pensions, savings and debt control
- Ensure they are tracking well for retirement through automated pension contributions
- Keep accountable to your financial commitments by working with a certified financial coach
- Protect your family and estate with expert will writing and estate planning services
What you’ll get from Maji
Mobile app and web-based accessibility
Manage finances from anywhere – with iOS and Android apps as well as web application.
Tailored launch plan
We’ll help you launch the platform to your employees with a bespoke comms plan and introductory webinar.
Detailed live reporting
Refine and optimise your employee wellness strategy with regular data insights and real-time reporting.
FCA regulated provider
Our platform is safe and regulated, with bank-grade encryption, allowing your employees to be at ease.
Don’t just take our word for it
Wish we had it earlier! Maji was really easy to set up and the team were really quick to answer any questions me or my team had. It’s added a lot of value to the team and a lot of them are already receiving coaching and making changes to their lifestyle.
Anish Patel, Finance Director at Zinc
Dan Mellors, CFO at Thrive Learning
We’ve had glowing reports back from employees on their 1-1 coaching experience and the impact on pension savings has been phenomenal. We also love how Maji helps employees better understand our full benefit offer.
Read our financial wellbeing insights
Invest in your team’s future
Ready to transform your employee experience with a leading financial wellbeing provider? Contact us today to learn more about how Maji can support your organization.
We’re building a financially secure future for everyone…join us!
Frequently asked questions
What’s the business case for financial wellbeing?
Financial wellbeing at work is more important than ever. With over 80% of employees saying they are impacted by money worries at work, it’s clear that money stress can negatively affect your business. And, with the cost of living rising, the psychological toll is magnified, with 54% of UK adults now feeling dread, anxiety and depression as a result of concerns around finances. Developing a robust financial wellbeing policy can help support your employees through these tough times and beyond, leading them to feel more secure and happier at work.
What is financial wellbeing?
Financial wellbeing is a complex topic that encompasses many different aspects of a person’s circumstances, behaviours and attitudes. These component parts are multifaceted and interdependent.
The Money and Pensions Service provides a useful financial wellbeing definition that sums up the different areas:
‘‘Financial wellbeing is about feeling secure and in control. It is knowing that you can pay the bills today, can deal with the unexpected, and are on track for a healthy financial future. In short: confident and empowered.”
At Maji, we have used the latest academic research and industry thinking to develop our four pillars of financial wellbeing:
- Financial resilience: how well someone is able to withstand shocks to the system, such as losing income
- Money management: how someone deals with day to day money decisions and habits, like spending, saving, borrowing and budgeting
- Future planning: how well someone is prepared for long-term life goals, including retirement
- Money mindset: how someone feels about money, including their confidence and stress levels
What is the difference between coaching and advice?
Financial advisors recommend specific financial products or investments as a solution or next step for individuals seeking advice about their financial situation. The FCA regulates all financial advisers including mortgage, equity release, pension and investment advisers and sets the minimum standard of qualification and demonstrated competency including ongoing professional development and good financial behaviour.
The training and competent adviser status expected by the FCA in itself means the adviser has a minimum of two years financial industry experience. The FCA authorisation process also checks professional references, positive financial behaviours (conduct) and identification.
Financial coaches do not offer specific recommendations. They can guide groups or individuals through financial wellbeing and education sessions and support them into positive financial habits that in turn improve their financial situation and overall wellbeing. Financial coaches help with things such as:
- Providing generic guidance
- Sharing financial knowledge and information
- Empowering individuals to change behaviour
- Providing accountability for individuals who want support to change
- Helping individuals reflect on and identify actions that will improve their financial wellbeing
- Helping individuals use specific financial tools such as budgets or financial plans
There is currently no set expectation for Financial Coaches, Financial Wellbeing Specialists or Financial Educators to be regulated by the FCA. This is because there is no financial product involved nor a specific written and verbal recommendation tailored to an individual’s personal circumstances.
Whilst there are no regulatory requirements for qualification for these roles, Maji sets a high internal standard of professional experience, finance knowledge and personal skills for these specialists, as set out in our Expert Due Diligence Policy.
Does Maji offer bespoke company webinars?
Maji offers a bespoke and extensive webinar programme. In addition, your employees get access to monthly Masterclasses following Maji’s Money Curriculum.
