Financial Wellbeing

Wellbeing on a budget: the most cost-effective ways to support employees

As employers across the country look at budgets for the year, it’s important that they’re aware of the most cost-effective support that’s available.

Younger workers favour ongoing financial support over bonuses

Of those who receive a bonus, 61% of younger employees would prefer year-round financial support such as workplace savings schemes or discount vouchers.

Money matters! 45% of Brits resolving for financial freedom in 2024

Brits are prioritising personal finance in 2024 with 45% factoring it into their New Year's resolutions. 50% are doing this to become financially independent.

Financial struggles for UK carers highlighted this festive season

As the holiday season approaches, UK carers are facing significant financial challenges, with an estimated £1.3 billion in potential savings going untapped.

Nearly half of UK workers received no cost-of-living support from their employer this year

Almost 1/2 of UK workers received no employer support to help them manage the cost of living during 2023 despite workers continuing to struggle financially.

Half of U.K. deskless workers living paycheque-to-paycheque

50 per cent of U.K. deskless workers say that they're living paycheque-to-paycheque meaning they're without any spare cash once their monthly bills are paid.

Government’s Autumn statement paves the way for a progressive future of work and worker wellbeing

The Autumn statement, which focused on rewarding work, making work pay, and welfare reform, is poised to reshape the landscape of workplace support and business growth.

Steve Butler: Improving financial health – 10 steps for your company to make a difference

New data reveals 20.3 million UK adults lack confidence in managing money, with 11.5 million having less than £100 in savings, and nearly 9 million in serious debt!

Employee financial wellness – the unspoken challenge in HR

The 2023 HR Future Focus Survey has found that HR professionals believe not enough is being done to support employee financial wellness or meet employees’ cost of living.

Women twice as likely than men to earn less than £1,500 a month!

New findings reveal a connection between women's happiness and vitality, often undermined by lower pay rates, as women are twice as likely as men to earn less than £1,500 a month.

Analysis, Advice and Opinion