Managers receive more financial wellbeing support than non-managers, research by financial wellbeing platform Bippit has shown.
Economic uncertainty has illustrated the need for HR departments to support employees’ financial wellbeing.
Nearly half (47%) of UK employees do not think their current salary is enough to live comfortably on, a survey by loan company Viva Money revealed yesterday (1 August).
Employers are underestimating employees’ need for financial support during the cost of living crisis, new research has found.
In the UK, the average worker has £28,000 in stranded pension pots, according to new research from wealth manager Netwealth.
A majority (69%) of UK workers have said the retirement age of 66 should be lowered, according to a new survey from investment comparison site Interesting Reviews.
Only 3% of senior HR professionals worry about money every day, compared to almost a quarter (22%) of UK employees, according to financial wellbeing service Bippit.
Pensions have been in the news a lot but do employees understand them? If not, how can employers step in? Dan Cave reports.
Asda’s new financial wellbeing policies will allow employees to access part of their wages early and monitor their earnings throughout the month.
Just a third (34%) of women have considered the impact reducing working hours could have on their pension contributions, compared to 62% of men according to research from think tank Phoenix Insights.
Financial literacy is the passport to future-proofing your career. As an HR professional, you may not be au fait with the language of finance, but it’s important to understand the numbers so that you...
The current economic climate means there has never been a greater need for HR to be supporting their workforce with practical financial solutions that are affordable and make an impact. With inflation...