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?
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).
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...
Employers want the UK government to prioritise financial support for new workers, according to a survey conducted in March by the Recruitment and Employment Confederation (REC) in collaboration with...
Nearly three quarters (74%) of people have not spoken to their employer about their financial concerns, a survey by financial wellbeing platform Wagestream found.
New proposals from the Financial Conduct Authority to broaden the regulatory framework around financial guidance are likely to make it easier for organisations to engage employees with wellbeing...
The government should introduce auto-enrolment (AE) saving schemes to help more people save, the Resolution Foundation has urged.
The International Longevity Centre has stated that the UK state pension age will need to increase to 71 by 2050, to remain affordable.
Nearly half (46%) of UK employees said they have missed a bill payment as a direct result of inaccurate payroll, according to payroll provider MHR.
The majority (90%) of UK workers say pension is the most important benefit their employer can offer, but this isn't the same for SMEs.
Despite inflation easing, 60% of low-paid workers have used food banks since September 2022, according to the Living Wage Foundation.
