Financial wellbeing

Companies failing to provide employees with financial wellbeing support

Businesses aren't supplying their workers with the financial wellbeing support programmes they need, according to research from asset management firm Mercer.

Shared parental leave inequalities lead to unpopularity in UK

Twitter’s new CEO, Parag Agrawal, has been celebrated for taking up shared parental leave after the birth of his second child.

Auto-enrolment of pensions benefits millions but it’s not enough for retirement

Yesterday (5 January) Conservative MP Richard Holden put forward a Private Member’s Bill to extend pensions auto-enrolment to 18-year-olds and those in part-time or low-paid work.

Soaring cost of living prompts calls for financial support for employees

Yesterday’s eye-watering inflation figures – showing the biggest rise in the cost of living for nearly 10 years – have seen renewed calls for employers to do more to support the financial wellbeing of...

More workers taking two full-time jobs in secret

Work from home rules have prompted a small but growing number of workers to take on two full-time roles.

More action needed to address workers' money worries

HR directors have said financial concerns, compounded by the pandemic, are causing significantly more employee stress and better support is needed to address them.

Pensions still number one employee benefit

The COVID-19 pandemic may have made wellbeing and flexible working more important to employees, but pensions have remained the most in-demand employee benefit.

Financial wellbeing: why it's time for HR to talk money

At the start of last year, a pandemic was probably the last thing on the minds of even the most risk-minded businesses across the globe. Now, well into the second year of the crisis, employers are...

Employees underestimate amount needed for pension pot

People are unaware how much they should contribute to their pensions and other long-term savings, according to research

Less than half of employers provide financial education

Businesses aren't doing enough around financial education in the workplace, meaning they could be missing out on opportunities to improve productivity, wellbeing and staff retention

Employees reluctant to discuss financial worries

Employers must tackle the stigma around talking about money concerns at work and create employee benefits packages that improve the financial wellbeing of the workforce

Help boost pensions, UK employers urged

Employers must offer workers more pensions education and support to help narrow savings gaps, according to research from Mercer