Where am I?

WageWise

Putting workers’ money to work

Since 2015, Saver Waya Waya WageWise has educated employees and helped them to grow their financial resilience and better provide for their and their families’ needs. The programme targets South African employees who are primarily black South Africans, have an income threshold of R309 000 per annum (R25 500 per month, adjusted annually for CPI), are 40% female and have a 25% representation from rural areas.

“All employees thoroughly appreciated the programme and felt it was of immense benefit regarding financial management. Some of the words used were ‘exceptional, excellent, admirable, very beneficial’.”

Husheila Gordhan, EAP practitioner, St Aidan’s Hospital, Department of Health, KwaZulu-Natal

“WageWise is a tried and tested financial education programme. We help participants increase their financial knowledge and skills, which in turn should help them change their attitudes and behaviours to finances.”

Janete Nel, Programme Manager: WageWise

Key objectives

Achieve financial knowledge and skills transfer, with the ultimate goal of achieving attitudinal and behaviour change.
Improve long-term financial resilience, through better financial management and improved financial inclusion.

Impact achieved

The WageWise programme affords the ASISA Foundation its largest reach across the country, with participants accessed through their worksite. Since inception, the programme has reached over 56 151 people (64% female, 99% Black South African) in all nine South African provinces.