Video tutorial: How to manage the key risks and invest in financial wellbeing
Watch the Close Brothers video in full
That was the claim made by REBA Employee Wellbeing Congress 2017 speaker Jeanette Makings, head of financial education at Close Brothers, who said that a quarter of organisations' workforces were affected by such trends - despite how much people were earning.
She cited CIPD research that showed the number of employees that are affected by money worries - including those in higher wage brackets. "It's going to affect a lot of your workforce," she said.
"When people think about financial wellbeing they immediately think about debt but everyone in this room has worried about money," she said. "There's lots of reasons why people worry."
She said the answer to solving it was full financial education as well as access to advice and implementation and outlined a seven step best practise summary.
This video tutorial was recorded at the REBA Employee Wellbeing Congress 2017 which took place on 22 June 2017.
In partnership with Close Brothers
Close Brothers has been providing financial education services to employees of some of the UK's best known organisations for over 50 years.
