Over three quarters of employers report a lack of financial support or advice in the workplace

The Chartered Institute of Personnel and Development (CIPD) have launched a  new guide to help employers improve financial awareness and help prevent their employees from financial worries.

According to newly released data from the CIPD, over three quarters (79.4%) of employers report that their organisation offers no form of financial support or advice to employees, which would help them better understand and manage their finances if offered.

The guide on workplace financial education is essential reading for those employers who wish to understand the commercial benefits of a good financial education programme and the key considerations to ensure the right supplier is selected..

Jonathan Watts-Lay, Director from WEALTH at work comments, “we work with a number of corporate clients to provide financial education and advice in the workplace some of these are quoted in this guide such as Marks & Spencer and GSK.  To deliver a successful financial education programme it is important to have clear objectives whether that is providing help at the point of retirement , driving more value from the company employee benefits schemes or helping executives to understand their share options.”

Please see The Chartered Institute of Personnel and Development (CIPD) to learn more.

 

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