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 debt, money worries and stress, lower productivity and absenteeism are increasingly recognised by employers and many are now looking for ways to support their employees.
The impact of financial worries on employees:
Reward: Wellbeing in the Workplace 2018 Survey
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.
30th July 2021
When examining the impact of the pandemic, according to a study by LCP – almost half (47%) said the pandemic had changed their ability to save.
23rd July 2021
WEALTH at work’s latest survey* with the Pensions Management Institute (PMI) has revealed that 80% of Trustees have concerns about their members not understanding the risks around transferring out of their defined benefit scheme.
21st July 2021
Financial education and guidance is beneficial to the financial wellbeing of employees and pension scheme members.
