Last updated 10 November 2026
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In short
You do not need to become a financial adviser. Make it acceptable to talk about money worries, point staff to confidential help and check that pay and benefits keep up with costs.
Money worries affect concentration, sleep and mood, and they affect staff at every level, not only those on lower pay. Many people feel ashamed to raise them.
What to do
- Include money in well-being conversations, alongside sleep, workload and stress, so it does not feel like a taboo.
- Point staff to confidential help Check whether your EAP offers financial counselling, and share national resources such as MoneySense and Credit Counselling Singapore.
- Offer practical sessions on topics such as budgeting, CPF and managing debt, delivered without judgement.
- Review pay and benefits regularly against the cost of living.
- If someone tells you they are struggling, listen and keep it private Ask what would help, such as an advance on pay if your policy allows, or flexibility while they sort things out.
Watch out for
- Do not assume someone is fine because of their job title or salary. Money worries can come from debt, caregiving costs or a partner losing their job.
- Avoid recommending specific financial products. Point staff to independent sources instead.
Read more
GuidanceMoneySenseGuidanceCredit Counselling SingaporeArticleFinancial Stress and Mental Health at Work: A Growing Concern in SingaporeRelated questionWhat do I do when a colleague is struggling?Related questionAn employee is coming back after mental health-related leave. How do we plan their return?
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