Debt

Five new ways to get board buy-in for financial wellbeing initiatives

It’s a well-worn cliché that boardrooms only care about data. The cliché falls apart when you speak to HR directors that have actually got buy-in for wellbeing initiatives. A blended, tailored...

Childcare costs forcing mothers to quit work

Three quarters (76%) of mothers who pay for childcare say it no longer makes financial sense for them to work, a study by mothers’ rights campaign group Pregnant then Screwed has shown.

HR needs to do more to help employees during the cost of living crisis

My morning routine is pretty standard. I wake up, sleepily make some coffee and pop the radio on.

One third of ethnic minority workers can no longer afford their bills

One third of workers from ethnic minority backgrounds in the UK are no longer able to pay their bills, rent or mortgage each month due to the cost of living crisis.

Money worries push employees to consider suicide

Labour MP Yvonne Fovargue calls on employers to take more responsibility for employee financial wellbeing as research shows a link between debt and mental ill health

HR not confident on financial wellbeing

While noting a rise in financial wellbeing issues among employees, HR professionals don't feel confident about how to tackle this

25 million affected by money worries at work

Almost all UK employees (94%) have money worries, with 77% saying it affects them at work, according to research from Close Brothers Asset Management

Debt, separation and bullying top mental health concerns

Employers were asked about the main issues around poor mental health of their employees

Poor financial wellbeing costs UK businesses £1.56 billion

UK workers take four million days off a year because of financial concerns, while those who suffer at work can lose up to two hours of output each day, according to research from Aegon

Young employees reliant on borrowing money

Young people are dealing with spiralling debts and rising stress over finances, according to research by Neyber

Third of young women still don't know how to report harassment

Despite gender pay gap reporting and #MeToo, women still face inequality in pay and significant mental health concerns at work, finds the Young Women’s Trust

Younger staff hit by company expenses

In the face of slow wage growth and high debt, ?Generation Z employees find being out of pocket from expenses unfair