Isithebe | Specialised Financial Wellness Solutions
Isithebe Financial Wellness is a B-BBEE Level 1, BankSETA-accredited company specialising in the delivery of employee wellness programmes. Drawing on our extensive experience in investment management and psychological and emotional wellness, we have developed a unique, multi-disciplinary skillset. This allows us to develop customised financial wellness programmes tailored to the specific needs of our clients. No two organisations face the same challenges, so we will never recommend an off-the- shelf solution. Our Vision: Financial health and emotional wellbeing Through raising awareness and transferring skills, we are committed to transforming the narrative of South Africans on financial and psycho socio-economic issues.
Our mission to build a financially knowledgeable community by providing financial wellness programmes to employees. Our approach involves guiding employees towards financial education, helping them achieve financial mastery by applying concepts to their lives, and fostering positive financial habits through small, rewarding changes. The ultimate goal is financial wellness, which reduces stress and improves overall well-being, creating shared value for both employees and employers through increased productivity and engagement.
Programmes
#EarlyStart | Learnerships and Interns: Mastering Your Finances from Day One
Starting your first job or stepping into a new role can be both exciting and overwhelming. The thrill of a new salary can quickly turn into confusion when faced with complex financial jargon and benefits. That's where our #EarlyStart program comes in – designed specifically for new employees and first-time workers to navigate the world of personal finance with confidence.
Unlock the Secrets of Your Salary and Benefits | Get clarity on your salary structure, provident fund, and employee benefits
- Understand your take-home pay and deductions
- Make the most of your provident fund and retirement savings
- Leverage employee benefits for estate planning
- Manage stakeholder relationships and expectations
Take Control of Your Finances | Discover your money personality and learn how to:
- Eliminate duplication of risk benefits and optimize your coverage
- Understand group life insurance and what it means for your dependents
- Create a life stage plan and prepare for different life milestones
- Choose the right asset classes and investments for your age and goals
Debt Management and Savings Strategies
- Understand interest rates and manage debt effectively
- Consolidate debt or seek counseling when needed
- Explore savings and investment products tailored to your needs
- Identify potential investment scams and schemes
Empower Yourself with Financial Knowledge
Our program is designed to equip you with the knowledge and skills to make informed financial decisions. Join us and start building a secure financial future today!
This program is your roadmap to financial wellness, covering essential topics to help you navigate the complexities of personal finance. By the end of it, you'll be confident in managing your finances, making smart decisions, and achieving your long-term goals.
#Onboarding | New Employees: Unlocking Your Financial Potential
Starting your first job or stepping into a new role can be both thrilling and overwhelming. But do you know what's even more empowering? Understanding your payslip and unlocking the benefits that come with it! Our #Onboarding program is designed specifically for new employees and first-time workers to master the art of personal finance and set themselves up for long-term success.
Decoding Your Payslip |The Key to Unlocking Your Benefits
- Understand your salary and benefits structure
- Make the most of your provident fund and retirement savings
- Leverage employee benefits for estate planning
- Manage stakeholder relationships and expectations
Taking Control of Your Finances | Discover your money personality and learn how to:
- Eliminate duplication of risk benefits and optimize your coverage
- Understand group life insurance and what it means for your dependents
- Create a life stage plan and prepare for different life milestones
- Choose the right asset classes and investments for your age and goals
Mastering Debt and Savings
- Understand interest rates and manage debt effectively
- Consolidate debt or seek counseling when needed
- Explore savings and investment products tailored to your needs
- Identify potential investment scams and schemes
Building a Brighter Financial Future
Our program is designed to equip you with the knowledge and skills to make informed financial decisions. By the end of it, you'll be confident in managing your finances, making smart decisions, and achieving your long-term goals. Join us and start building a secure financial future today!
This program is your roadmap to financial wellness, covering essential topics to help you navigate the complexities of personal finance. Don't let financial uncertainty hold you back – take control of your finances and unlock your full potential!
#Reconcile | General Employees: Unlocking Your Earning Potential
Take your salary to the next level with our comprehensive program designed for employees looking to boost their financial well-being. This program focuses on optimizing your financial strategy to achieve your goals and secure your future.
Optimize Your Finances
- Assess and requote risk policies (car, house, etc.) to save money
- Review life policies to ensure adequate coverage for financial dependents
- Manage debt effectively by understanding interest rates and negotiating better terms
- Monitor your credit status and improve your credit score
Secure Your Future | Discover the importance of:
- Estate planning and understanding Section 37C of the Pension Funds Act
- How your marriage regime affects estate distribution
- Providing for dependents, including children outside of marriage
Grow Your Wealth | Understand the difference between saving and investing, and learn how to:
- Use financial products to achieve your goals
- Augment your life cover needs using employee benefits
- Choose the right products for each dependent
Achieve Your Financial Goals | By participating in this program, you'll gain the knowledge and skills to:
- Create a personalized financial plan
- Make informed decisions about your money
- Take control of your financial future and achieve your goals
Join our #Reconcile programme and start building the financial future you deserve!
#PreRetirement | : Dream Big, Plan Bigger
The countdown to retirement is on! This is an exciting time, and we're thrilled to help you prepare for the next chapter of your life. Our #PreRetirement Program is designed specifically for employees nearing retirement, focusing on creating a fulfilling and financially secure post-work life.
Envision Your Retirement
Imagine waking up every morning, doing what you love, and living life on your terms. What does your ideal retirement look like? What hobbies do you want to pursue? What travels do you want to embark on? Let's make it happen!
Secure Your Finances. Get clarity on your retirement funds
- Check if you have enough savings to support your desired lifestyle
- Explore ways to increase your provident fund contribution
- Plan to eliminate debt and reduce expenses before retirement
- Consider estate planning and ensure your Will is in order
Prepare for Life's Next Chapter. Think about what you want to achieve in retirement
- Plan for frail care and medical expenses
- Explore financial products like life annuities and living annuities
- Understand tax implications at retirement
Make Your Retirement Dreams a Reality. Our program will guide you through the process
- Create a personalized retirement plan
- Make informed decisions about your finances
- Enjoy a fulfilling and financially secure retirement
Join us and start building the retirement you've always dreamed of!
#GEPF Employees
As a GEPF employee, you're part of a unique retirement fund. But do you know how it works and how to make the most of your benefits? Our #GEPF programme is designed specifically for GEPF employees, covering essential topics to help you achieve financial wellness.
Understanding Your Benefits
- The difference between Public sector funds, Pension Funds, and Provident funds
- Your current employee benefits and how to augment them where necessary
- Tax implications at various life stages (resignation, retirement, preservation, divorce, and death)
Managing Debt Effectively
- Borrow against your retirement fund wisely
- Understand interest rates and credit profiling
- Reduce debt and achieve financial freedom
Financial Products for Your Needs. Explore the role of different financial products, including:
- Life cover vs. funeral cover
- Saving vs. investing: understanding the difference
- Choosing the right products for your goals and needs
Take Control of Your Finances. Our program will empower you to:
- Make informed decisions about your benefits and finances
- Create a personalized financial plan
- Achieve financial wellness and security
Achieving Financial Wellness is a state where an individual has minimal financial stress, having eliminated high-interest debt and living below their means. They've built a savings fund for emergencies, protected their income and assets from loss, and continuously plan to reach their future financial goals, ensuring a secure and stable financial future.
When we design a customised financial wellness programme, we ensure that it creates awareness about the need to change behaviour and equips individual participants with the skills and information required to enable them to effect lasting and meaningful change and become more productive. Financial Wellness is impacted by multiple dynamics, all of which are taken into account when we design and deliver our programmes.
The ultimate goal is to strengthen the linkages between the key pillars of wellness: financial wellness, emotional wellness, and physical wellness. Topics to be addressed include:
- Enhancing the ability and confidence to communicate about black tax/ sandwich family difficulties
- Assisting in entrenching positive attitudes towards managing personal finances
- Boosting the confidence of individual South Africans when planning effectively for future financial needs
- Providing helpful tips to reinforce how to take care of self for improved productivity
- Navigating the legalities of estate planning and other legal contracts
We believe that changing is not an event, but an ongoing process. This belief underscores the support we provide to individual participants as they learn and grow, and our commitment to monitoring and evaluating their progress until they reach their personal wellness goals.
Our approach to addressing the challenges experienced by individuals incorporates both proactive and reactive interventions. Rewarding individuals is important to reinforcing positive behaviour and incorporating a rewards system into the programme tends to be beneficial. Ours is a beyond awareness approach.
By investing in a financial course for your employees, you can unlock a multitude of benefits that drive business success. With reduced financial stress, your team can focus, excel, and function at their best, leading to improved productivity and performance. By integrating benefits education, employees will know how to maximize their benefits, enhancing their overall well-being.
Moreover, preparing your employees for financial independence allows them to retire on their own terms, ultimately saving your company significant retirement costs. By offering this valuable resource, you'll not only support your employees' financial wellness but also drive business growth and sustainability.
Workshops
- Face to face or online
- The length of the session will be as per client’s requirements
- Will be facilitated to groups, with the maximum number per session being 15
Corporate Wellness Days - Onsite
- Can be held as a standalone or alongside other Wellness Day initiatives
- We will print Credit reports for participants along with other financial awareness tools
Publications and Newsletters
- We will print Credit reports for participants along with other financial awareness tools
- Newsletters according to financial themes are available via our partner, My GOTO.
Individual Sessions
- This will be a closed session with the individual
- Each session will be for 1 hour
Our Clients
