{"id":69497,"date":"2025-05-02T07:41:00","date_gmt":"2025-05-01T23:41:00","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=69497"},"modified":"2025-04-30T09:43:18","modified_gmt":"2025-04-30T01:43:18","slug":"telus-digital-philippines-invests-in-employees-financial-wellness","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2025\/05\/02\/telus-digital-philippines-invests-in-employees-financial-wellness\/","title":{"rendered":"TELUS Digital Philippines invests in employees\u2019 financial wellness"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Financial literacy remains a pressing challenge in the Philippines. A comprehensive\u00a0global study\u00a0ranked the country among the bottom 30 of 144 nations, with just 25% of Filipino adults demonstrating financial literacy. While this trend has held steady in recent years, the link between financial stress and reduced workplace productivity has become increasingly clearer. Recognizing these ongoing challenges, TELUS Digital Philippines has been taking proactive steps to ensure its team members not only survive but thrive, through comprehensive financial wellness programs.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Guided by insights from a recent internal survey, the company hosted \u201cPera Paraan\u201d during National Financial Literacy Month, a financial wellness event designed to encourage smarter personal finance habits and better use of workplace benefits. Financial wellness advocates Charm De Leon and Ginelle Sequitin joined TELUS Digital Philippines leaders Ria Lopez and Michelle Trinidad in an interactive discussion that provided team members with practical tips for making better financial decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a><\/a><strong>Fostering financial empowerment across the organization<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TELUS Digital Philippines\u2019 internal survey, which gathered responses from over 1,200 team members, revealed promising foundations in financial confidence across the organization. A combined 63% of respondents demonstrated positive financial decision-making capability, with 35.7% feeling moderately confident and 27.3% expressing strong confidence in their financial choices. However, there&#8217;s still room for growth, particularly among Gen Z team members, where 20.5% indicated they could benefit from additional financial guidance\u201414.2% said they felt&nbsp; somewhat tentative about financial decisions and 6.3% expressed a desire for more comprehensive financial learning support.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Financial resilience starts with small, consistent steps, and at TELUS Digital Philippines, we\u2019re here to guide our team members through those first steps and beyond,\u201d noted Ria Lopez, Director for Financial Planning and Analysis at TELUS Digital Philippines. \u201cBy combining smart personal financial habits with accessible benefits like our Savings Arrangement for Financial Empowerment program or SAFE, Early Wage Access or EWA, and financial counseling, among others, we\u2019re giving our people the confidence and tools to thrive.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The survey revealed that nearly half of respondents (49.8%) reported experiencing financial stress &#8220;from time to time&#8221; based on their financial literacy, signaling a sense of vulnerability when faced with unexpected events. This insight presents an opportunity for enhancing financial resilience through targeted education and support programs, empowering team members to better navigate both planned and unexpected financial situations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Michelle Trinidad, Human Resources Director at TELUS Digital Philippines, sees this as a pivotal opportunity for positive change. &#8220;Even though the majority of our team members might not be experiencing acute financial distress, they&#8217;re not yet fully confident in their financial decision-making either. This is precisely where TELUS Digital Philippines can make a transformative difference,&#8221; Trinidad explains. &#8220;By hosting events and learning opportunities that ignite meaningful conversations about financial literacy and coupling these with our comprehensive suite of financial wellness programs, we&#8217;re sharing information and equipping our team members with practical, actionable strategies for long-term&nbsp; financial security.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a><\/a><strong>Shifting financial goals and habits<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At TELUS Digital Philippines\u2019 National Financial Literacy event, financial advisor Ginelle Sequitin emphasized that empowerment starts with accessibility. \u201cIt\u2019s not just about budgets or spreadsheets,\u201d she said. \u201cIt\u2019s about making your money work for the life you want and using tools and habits that fit your lifestyle.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The internal survey also highlighted debt management as a key area for financial education, especially among Gen Z employees. Recognizing this need, TELUS Digital Philippines leverages its Employee Assistance Program to offer professional debt management counseling. This service provides team members with personalized guidance and strategies, empowering them to create custom money plans that work for them.&nbsp;Charm De Leon, founder of Ready2AdultPH and a speaker at the event, highlighted the importance of understanding debt. \u201cKnowing the difference between good and bad debt, how interest works, and how to manage credit wisely can completely change someone\u2019s financial path,\u201d she shared.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a><\/a><strong>Maximizing benefits and perks for financial well-being<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TELUS Digital Philippines offers an array of financial support programs tailored to the diverse needs and feedback of its team members. At the forefront of these initiatives is the Savings Arrangement for Financial Empowerment (SAFE) program, a comprehensive solution that combines savings, investment, retirement planning, and employer matching. This program caters to both financial novices and seasoned professionals, providing a robust platform for long-term financial growth. Complementing SAFE, team members also have access to HMO coverage with dependent benefits, exclusive merchant partnerships, earned wage access, discounted pharmacy access, educational assistance, among other related initiatives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;We believe financial wellness is just as important as physical or mental health,&#8221; said Trinidad. &#8220;Our suite of financial support programs is not just a set of benefits; it&#8217;s a reflection of our commitment to our team members&#8217; holistic well-being. We&#8217;re constantly evolving these offerings based on the needs and feedback we receive.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By transforming survey insights and employee feedback into actionable strategies, TELUS Digital Philippines demonstrates a proactive approach to financial empowerment of its team members. The company pairs expert guidance with accessible benefits, showcasing that when organizations invest in their employees&#8217; financial well-being, it creates a win-win situation, enhancing both personal lives and professional performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TELUS Digital Philippines has been taking proactive steps to ensure its team members not only survive but thrive, through comprehensive financial wellness programs.<\/p>\n","protected":false},"author":6,"featured_media":69498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[917,1508,7300],"class_list":["post-69497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-bpo","tag-business-process-outsourcing","tag-telus"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=69497"}],"version-history":[{"count":1,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69497\/revisions"}],"predecessor-version":[{"id":69499,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69497\/revisions\/69499"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/69498"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=69497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=69497"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=69497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}