Employers move to grow financial resilience
REBA’s Financial Wellbeing Research 2025, in partnership with WEALTH at work, finds more employers are moving to grow their financial wellbeing strategies.
No longer on the sidelines, financial wellbeing now stands as a core pillar of health and wellbeing strategies and is essential to managing people risk and delivering on HR objectives.
Financial resilience risk factors, from the ageing workforce and chronic ill-health to retirement adequacy and the cost pressures on working carers, are leading employers to think differently about how these elements interplay with wider HR strategies and objectives.
Retirement adequacy is the top financial resilience risk employers plan to address in the next two years. With government policy pushing for better pension outcomes, organisations are waking up to the reality that without employer action, too many employees will fall short of saving sufficiently and sustainably for retirement.
Employers are also turning their attention to those who may be more financially vulnerable, such as working carers and parents.
Driven by a lack of statutory provisions and the high cost of care, forward-thinking employers are investing in targeted financial assistance to not only ease the immediate burden, but also retain critical talent, close gender gaps, and unlock higher productivity across their workforce.
Many employers are turning to digital solutions to support financial wellbeing. REBA’s year-on-year research shows a dramatic doubling in the use of digital solutions by employers – from 16% in 2024 to nearly a third (30%) having these in place already this year. And more are in the pipeline, ready to be launched within the next two years.
REBA’s Financial Wellbeing Research 2025 highlights that employers have a vital role to play in growing a financially resilient workforce that is prepared for both retirement and rainy days.
Five practical ways to use this report
- Benchmark your financial wellbeing strategy against 223 leading employers
- Understand the people risks impacting workforce financial resilience
- Explore how to address retirement adequacy as a growing priority
- Uncover the financial wellbeing initiatives turning the dial on financial resilience
- Rethink financial wellbeing’s role in health and workforce planning.
