My Budget Day does not require you to give all your employees an hour off work every single month... All it does require is a commitment to your employees to do all you can to support those who wish to improve their financial wellbeing through better money management.

Stress, absenteeism and the link to money worries - some facts and figures

  • Stress in the workplace affects one in five people*.
  • The biggest cause of stress and depression in the UK is money worries.
  • As an employer, you are legally obliged to take care of your employees' health, safety and wellbeing. This includes dealing with and tackling issues that cause stress.
  • Stress-related illness is believed to cost UK Plc £3.7billion* a year in lost productivity and healthcare costs, a third of the £11.6billion* total lost to illness.

Improving employee motivation

As well as benefiting from a less stressed workforce, My Budget Day presents another opportunity for you to motivate your employees. Advertising your involvement and showing your support may help you to retain and recruit quality candidates who want to work for an understanding and flexible organisation.

And again, there is a tangible benefit to the business for demonstrating a concern for the wellbeing of your employees. Studies have found that companies with committed, motivated employees will have 29% higher revenue, be 50% more likely to have above-average customer loyalty and be 44% more likely to turn over above-average profits than comparable organisations*.




At AXA, we recommend you facilitate the first hour

Help your employees take just one hour off work to show your commitment and highlight to them how much they can achieve in 60 minutes. Of course, how this happens within your operations will depend on your working environment - employees don't have to take part all at once, and not all employees need take part. And after the initial hour it is entirely up to you how you support them. Go to How to Get Started for more tips on how you can make My Budget Day work for you and your employees.


My Budget Day


A complete downloadable guide for employers