It’s not uncommon for individuals to face financial worries at various stages of their life – whether that is dealing with debt, concerns over retirement savings or making the monthly budget work.
The link between financial worries and stress, lower productivity and absenteeism are becoming increasingly recognised by employers.
The impact of financial worries in the workplace:
Many employers are now looking to offer financial wellbeing support for their employees and our research indicates that employers believe it is becoming increasingly important to have a financial wellbeing strategy in the workplace. We believe the best way to achieve this is to provide employees with the knowledge to make informed decisions throughout their career. A relevant and well communicated financial wellbeing strategy can deliver on this.
We have a complete service offering to help which involves:
To view a case study on how the University of Lincoln has improved their employee’s financial wellbeing through financial education, please click play below.
6th December 2023
Workplace benefits and savings are more vital than ever as the number of employers offering pay rises, in line or above inflation, is set to reduce.
5th December 2023
Employers are viewing the ageing workforce as increasingly important, according to the new Financial Wellbeing Research 2023[1] from the Reward & Employee Benefits Association (REBA) in association with WEALTH at work.
17th November 2023
Our event ‘Financial wellbeing …a new phenomenon or not?’ took place at the Shangri La, The Shard, London on 14 November 2023.
