Financial Wellbeing

Dan Scholey: Fostering financial wellness in the workplace – actionable steps for employers

UK Savings Week (9th-15th September) offers leaders a moment to reflect on how we can better support our employees' financial wellness.

Report reveals employees whose mental health most impacted by cost-of-living crisis 

38.24 percent of full-time workers and 42.69 percent of part-time workers feel their financial health is worse compared to previous years.

Stress and lack of investment are driving payroll workers out of the industry

Payroll workers are unsure of their future, with high levels of stress, job security and lack of investment in individuals being the primary drivers for this. 

Financial anxiety impacts young women more than male counterparts

According to a new study, there is significant gender disparities when it comes to financial anxiety and financial optimism worldwide.

Quarter of UK firms avoid giving financial advice 

At a time when money worries have increased for many employees, the offer of financial advice is still way down the priority list for many companies.

23m adults have low levels of financial literacy

A new survey found 23m adults have low levels of financial literacy with only one in five able to answer three basic questions on savings and investment.

Wages top of mind pre-election as more than 2 in 5 Brits struggling to make ends meet

More than 2 in 5 (42%) Brits are struggling to make ends meet, finds new data from Indeed, released two weeks before the UK General Election.

Working from a pub is 40% cheaper than a coworking space

The average daily cost to work from a pub is just £13 - 40% cheaper than the average cost of a desk in a coworking space, at £22.

One third of workers feel less engaged due to personal finances

A large-scale survey found that 1/3 of people are distracted due to their finances and are more likely to report unmanageable job stress.

Costly transport puts financial strain on office workers

Employees are suffering higher cost of living, especially due to transport costs. Tensions may rise as many companies enforce return-to-office policies.

Analysis, Advice and Opinion