Financial Wellbeing

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.

Early retirement emerges as top financial goal for employees

Early retirement is a specific life goal for 65% of working-age adults around the world, with 70% of Gen Z employees working towards this goal.

David Roberts: Power to the people – why it’s time for financial empowerment

More than three-quarters (77%) of employees have experienced financial stress over the past year and 45% have lost sleep due to financial anxiety.

38% Brits won’t ask for a pay rise…

In a recent survey of 3000 UK employees, 38% say they would never ask for a salary increase, to avoid confrontation or rejection. 

Anthony Hardy: The power of financial planning in unlocking workplace wellbeing

Financial planning has the power to significantly contribute to workplace wellbeing by reducing stress and upping productivity. 

Tips for helping employees manage their finances during Debt Awareness Week

It is imperative to recognise the importance of providing counselling to people struggling with financial burdens, and to support employees in financial difficulty. 

Helen Burgess & Fiona Debney: Debt Awareness Week – support for employee debt struggles

20th March marks the start of Debt Awareness Week, a topic that can be difficult for employees to speak about openly in the workplace.

Analysis, Advice and Opinion