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Financial wellbeing in the workplace
For those people struggling to manage their debt, their day to day finances, or even those planning for retirement in an ever-changing landscape, the stress and anxiety these events place on individuals has an impact on their health and wellbeing.
It’s these financial stresses that can start to have a serious impact on a person’s mental health and their performance at work. It’s therefore in an employer’s best interest to help their workforce, however they can, to achieve financial stability.
From a financial perspective, all you have to do is pay a salary, provide a qualifying workplace pension scheme and pay in the minimum contribution.
However, employers and HR teams are uniquely positioned to deliver money guidance at the moments when their employees most need help.
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