Imagine your car breaking down unexpectedly. To make matter’s worse, it’s the middle of the month and you don’t have enough money for the repairs. What do you do in this situation? Waiting for your next pay cheque won’t help in emergencies like these. But what if your boss could give you the option of an advance salary to help you with your car? That’s what Setgaji can do for you.
Setgaji is Focusing on Financial Wellness
Setgaji, a financial wellness platform, recently partnered with Cheng & Co Group, a prominent multi-disciplinary professional services provider. This collaboration aims to improve financial well-being for Malaysian employees by potentially increasing access to financial tools such as:
Early Wage Access: To enable financial flexibility for employees to access a portion of their already-earned wages before their regular payday, potentially helping with unexpected expenses.
Financial Management Resources: Offer resources like budgeting tools or educational materials to help employees improve their financial literacy and manage their finances more effectively.
Potential Benefits for Employees
By offering these tools, employers partnering with Setgaji could provide several potential benefits for employees:
Managing Unexpected Costs: Early wage access could be a safety net for unforeseen expenses, reducing stress and financial strain.
Improved Budgeting: Having access to budgeting resources could empower employees to plan their finances better, potentially leading to financial stability.
Reduced Financial Stress: Knowing you have options to manage your finances might lead to greater peace of mind and overall well-being.
Conclusion
The partnership between SetGaji Sdn. Bhd. and Cheng & Co Group is effective immediately and is expected to strengthen both parties' market positions while delivering enhanced benefits to businesses across Malaysia. This collaboration aims to make financial wellness accessible, helping employees manage their finances better and feel more secure in their financial lives.
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