Research: Supporting employee financial wellbeing
Key findings:
- A good starting point for employers is to identify employee need; the key challenges they are facing; and the kind of support they require.
- By segmenting the workforce generationally or by income bracket, relevant financial information can be targeted to employees based on likely financial pressures.
- Providing communications on the current reward and benefits package and reviewing whether the benefits on offer meet employees’ needs, would also be valuable steps to supporting employee financial wellbeing.
