Video tutorial: Ian Dearnley of PwC UK on board expectations of financial wellbeing strategies

Managing board expectations for the ROI of a financial wellbeing strategy is a huge challenge that organisations need to try to answer, according to Ian Dearnley, senior manager at PwC UK.

Speaking at the REBA Employee Wellbeing Congress 2019, he said it was a difficult task. “We’ve all heard the stats. It’s about putting solutions in place,” he said.

While the benefits for employees are clear he highlighted the issues around distraction and lost productivity of staff worrying about their finances, explaining that financial directors are beginning to understand the subsequent impact on the bottom line.

Dearnley highlighted the five Rs in which a financial wellbeing programme can help the employer – including recruitment, retention, recognition, reward and retirement.

This video was recorded at the REBA Employee Wellbeing Congress 2019, held in London on 20 June.