Economic uncertainty has illustrated the need for HR departments to support employees’ financial wellbeing.
With employees reporting that they are increasingly concerned about their finances, we asked whether HR should offer employees saving account benefits.
Earned wage access schemes are becoming an increasingly popular employee benefit. But how can HR professionals manage the risks, and implement these schemes responsibly?
The employer-employee relationship is one of the most important financial relationships. With the recent period of high inflation and ongoing economic uncertainty, many workers find themselves in...
Nearly three quarters (74%) of people have not spoken to their employer about their financial concerns, a survey by financial wellbeing platform Wagestream found.
Employers are underestimating employees’ need for financial support during the cost of living crisis, new research has found.
There’s a reason trends go viral. It’s because they tap into the zeitgeist and vocalise something lots of us are thinking. This is certainly the case with 'loud budgeting'.
Employees who don’t feel comfortable sharing money worries at work say it’s because they don’t think their employer can help. This is despite organisations making significant investments in financial...
As a new year approaches, we asked people professionals what their top four predictions are for 2024.
Despite inflation easing, 60% of low-paid workers have used food banks since September 2022, according to the Living Wage Foundation.
Nuffield Health’s 2023 Healthier Nation Index revealed 59% of individuals think the cost of living or a change in personal finances had negatively affected their mental health over the past year.
In the UK, the average worker has £28,000 in stranded pension pots, according to new research from wealth manager Netwealth.