Financial wellbeing

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

Costa Coffee accused of deducting money from staff for training

As allegations emerge that Costa Coffee employees have had pay deducted for training and till discrepancies, experts warn that such practices could damage company reputation

Financial insecurity rises among UK workforce

RSA calls for a '21st-century safety net' for jobs, as research finds workers are feeling increasingly insecure about their incomes

Rail fare rise outstrips wage growth

As further increases to commuting costs are announced, experts call on employers to help ease the financial burden on workers

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

Workers can't afford to get to work

Rising fuel costs are having a detrimental effect on financial wellbeing