Employers have a crucial role to play in supporting their employees’ financial wellbeing. Beyond paying employees a fair salary, there are other key ways in which employers can support staff. In the Financial Capability Lab we tested several promising ideas including payroll savings and peer-to-peer financial guidance. We also developed a set of short, actionable rules of thumb for employers to keep in mind when putting together their financial wellbeing approach.
How To Support Employee Financial Well-being
Employers have an absolutely crucial role to play in their employees’ financial wellbeing. There is a large appetite for this: over two-thirds of UK employees want more support from their…
Peer-to-peer financial guidance at work: Lessons from the field
If you are an employer, it will come as no surprise that financial concerns impact your employees’ mental and physical health, and can even affect work performance. Research estimates that…
Financial First Aider Pilot
People tend to ask friends or family for financial advice. Financial First Aiders (FFAs), employees who are trained to give guidance on financial matters, can give their colleagues another option…