Behind the data: How financial stress impacts workforce wellbeing and productivity with Wagestream

REBA’s roundtable report brings together seven leading reward, benefits and pensions professionals to discuss the impact of generational change on workplace financial wellbeing.  

Nudge takes a look at  how cultural, economic and social realities across the world can help organisations better support employees and improve engagement and financial wellbeing. 

There are strong commercial and risk management arguments why companies are taking employee financial health very seriously.

Based on current spending rates, many retirees could be set to empty their DC retirement savings account by their late 70s – leaving nine years of unfunded retirement on average. Jayesh Patel, head of DC clients at Legal & General, discusses how to help employees better plan for the duration of their retirement years.

With many employees still struggling with high living costs, findings from REBA’s Financial Wellbeing Research 2024 highlight how poor financial literacy could be compounding the issue, with nearly two-thirds of organisations stating that it is a risk to employees’ financial wellbeing.