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Today, it can be difficult to scroll through social media pages without seeing fitness-related posts. From friends sharing their fitness journeys and gym selfies to celebrities practicing yoga with a beautiful view, the wellness trend in Indonesia continues to thrive. According to the Global Wellness Institute, Indonesia’s wellness economy, including the fitness sector, is ranked #19 out of 218 countries worldwide and valued at $36.4B, making Indonesia the leader in the South East Asia region. This number is believed to have risen in the wake of the increasing healthy lifestyle awareness, with more businesses coming into the market. 

By integrating with SAP^® SuccessFactors^® Employee Central, the wagely platform delivers financial wellness to employees of employer partners

Raising a child is expensive. Children need many things to grow and develop well, including a safe home environment, medical care, good nutrition, and education. With that said, it is no shocker that raising a child can strain family finances.  According to LIPI, at the beginning of the pandemic, 64.8% of working households were experiencing financial difficulties. It can be even more challenging for working parents at a time like this when the annual inflation rate reached 4.35% in June, the highest in the past five years since 2017, as reported by BPS. 

wagely, Asia’s leading financial wellness platform for employees, focusing on earned wage access (EWA), introduces its solution at the Indonesia HR Summit (IHRS) 2022. Having been postponed for two years, the most prestigious conference on human resources returns in a hybrid format in Bali from 28-29 June with a focus on the spirit of digital transformation and business sustainability. This year’s theme aligns with wagely’s aspiration toward helping employees achieve financial wellness through technology.

The last two years have been hard for employers all over the world. Mercer’s COVID-19 pulse survey found that most of the employers in Southeast Asia including Indonesia observed a higher turnover rate, especially at the mid-career level when compared to past years, with 55% of the employers listed employee dissatisfaction with pay as the main cause for attrition, followed by the employee’s ability to get better benefits at another company (46%).