22 Oct 2024

REBA Practical Guide to Preparing for a New Era of Financial Wellbeing

This REBA practical guide, in association with Close Brothers, provides a clear, actionable roadmap to help you boost your employees’ financial health, no matter your starting point or budget.

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Over the past four years, rising living costs, shifting work patterns, economic uncertainty and concerns about retirement adequacy have put significant pressure on your workforce’s financial resilience.

As employees increasingly seek help managing their finances, HR and reward and benefit professionals are revisiting how to offer meaningful, inclusive support.

This practical guide explores how to create and deliver inclusive financial wellbeing benefits and support that will meet the varied and changing needs of the whole workforce. That might also include revisiting benefits to make sure they are still fit for purpose in changing circumstances. It covers:

What is changing in financial wellbeing
The process of identifying what you already offer and how that matches employees’ current needs
How to decide if current benefits remain appropriate for your workforce
Ways to evolve your strategy, the practicalities involved in putting planning into action, and how to measure success.

As employees’ financial wellbeing needs continue to evolve, so must employers’ strategies.