Shaping a strategy for financial wellbeing at work can be tricky. Particularly with the cost of living crisis persisting like an oceanic fog. How do you know whether you’re doing enough to support your employees?
In this article, we’ll cover what employee financial wellbeing is, why it’s a win-win for employees and employers, and the best strategies to support your employees’ financial wellbeing.
The reality is, financial wellbeing in the workplace can take many different forms – from providing a basic pension to signposting to a mortgage broker to delivering a full financial education and coaching programmes and much, much more.
It’s easy to be overwhelmed when analysing the options. Let alone when actually choosing a provider. Pick the wrong one, and your best people end up with financial support they don’t use or value.
But with 69% of employees now saying their organisation should do more to support them, there’s good reason to get your financial wellbeing strategy right. Click here for more.