Financial wellbeing for frontline workers

Financial wellbeing for frontline workers

Product management

Web

When

2024

Role

Product Manager

For

Claro Wellbeing

Overview

Claro built an accessible and easy to use financial wellbeing employee benefit, delivered entirely through WhatsApp. Designed for front-line workforces, we achieved amazing results, smashing our sign up, engagement and click through rate goals. Most importantly though, we encouraged real change for people who needed it most.

Problem

Frontline workers had low engagement with employee benefits

Frontline workforces are often at a disadvantage when it comes to accessing their employee benefits. Lack of email addresses or computers means that uptake is usually much lower compared to desk based workers.

Solution

Utilising WhatsApp to reach frontline workers

WhatsApp is the UKs most popular form of messaging over all age groups, and it’s familiarity allowed us to service a much wider range of users than any web product would.

24/7 access via WhatsApp with regular engaging financial content

Written, audio & video messages sent, based on collected attributes and preferences. Focused around financial tips and tricks, as well as other Tesco benefits.

Easy access to personalised financial coaching

Users could have 1-2-1 virtual coaching sessions, message a coach directly on WhatsApp or ask an AI coach for an instant response.

Access to range of financial tools

Free access to Claro's comprehensive budgeting tool, as well as financial calculators and courses.

Outcome

Claro ran a pilot with Tesco involving 9,000 employees. Overall we achieved an 11% adoption rate, 2X higher than Tesco’s previous best employee benefit pilot. Our content messages had an average engagement rate of 77% with click through rates to other Tesco benefits averaging above 36%, far higher than industry averages. Our coaching services received 100% 5 star reviews.

Contact

Email

jbeken@hotmail.co.uk

Phone

+44 7495060487