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.
13th April 2021
Many employees are already paying 5% of their salary into their workplace pension through auto-enrolment, with an additional 3% employer contribution...
26th March 2021
WEALTH at work have provided an overview of some of the key areas that employees will need to understand if they are made redundant.
18th March 2021
Last year there were many scheme members who accessed their pension for the first time than perhaps would have in normal times. In fact, HMRC figures indicated a surge in early pension withdrawals in the over 55s, which is thought to be due to pressure on household income caused by the pandemic.
