Article preview: What does your employer have to do with your financial wellbeing? It could be argued that they are vitally important when it comes to your financial wellbeing, and indeed your wellbeing overall, as the main provider of your salary and other work-related benefits. Some new research has identified widespread concerns about money at work, with 94% of those employees surveyed confessing to suffering from money worries. The research also found that more than three quarters of employees believe these money worries are affecting them at work. This study comes from Close Brothers who calculated that around 25 million people are affected by money worries at work, with two in five worrying about personal finance issues always or often.
How employers can help address money worries at work
This 926 word blog post reports on the inaugural Financial Wellbeing Index from Close Brothers, explaining how employee financial wellbeing can affect performance at work and some of the steps larger employers are putting in place to address the issue. Includes expert comments from Jeanette Makings, Head of Financial Education at Close Brothers and Professor Sir Cary Cooper, a leading expert in workplace wellbeing, ALLIANCE Manchester Business School. Written on 28th January 2019.
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