Financial Wellbeing in the Workplace 2017.

WEALTH at work recently conducted a survey with Reward to investigate the importance of wellbeing in the workplace. The survey had a focus on financial wellbeing and what strategies are in place to reduce the burden of financial stress on employees.

Key finding include:

  • 77% of respondents agree or strongly agree that financial wellbeing should be part of a broader strategy
  • 66% of respondents said that financial worries caused increased levels of stress, 44% said it resulted in lower productivity and 38% said that it lead to absenteeism due to personal financial problems
  • 41% of respondents do not offer any form of financial support at-retirement

We believe it is important to help employees feel secure when it comes to their finances.  A relevant and well communicated financial wellbeing strategy can deliver on this and is mutually beneficial to both employers and employees.

For more information, please contact us.