Developing a joined up financial wellbeing strategy.

How to ensure relevance and employee engagement during tough economic times

It is time to rethink financial wellbeing in the workplace: moving from product-driven offerings common today to the employee-driven money strategies of tomorrow that embed into corporate culture and will support workforces through the cost of living crisis.

Jonathan Watts-Lay, Director, WEALTH at work, joined REBA’s webinar with VISA and Atkins, to share how to make sure services and products, across reward, pensions, benefits, savings and loans, feel joined up and relevant to the employee, rather than standalone or viewed as just a tick in the box exercise.

The panel also discussed how to gain insights into the needs of different cohorts within a workforce, in order to implement the most relevant financial wellbeing offerings, as well as how to align financial wellbeing strategies to HR strategies that link into workforce talent planning as well as employee engagement, retention, attraction and wellbeing.

Key areas explored:

• How employers can put together a financial wellbeing strategy that tackles common money challenges and truly delivers value for both the organisation and its workforce.
• How to better understand personal financial needs across a workforce.
• Where to start when developing a financial wellbeing strategy.
• Knitting together different financial services, products and reward into a joined-up offering.
• The risks and opportunities of embedding financial wellbeing into corporate cultures and HR strategies.

Please contact us if you would like to discuss any of these issues further. Additionally, if you would like a complimentary copy of the Financial wellbeing research 2022 report discussed during the webinar, please click here.