REBA Thought Leaders: Jonathan Watts-Lay of WEALTH at work on navigating financial resilience
REBA’s new Financial Wellbeing Research has come at a time when many employees will be struggling with the cost of living crisis, intensifying some of the findings from the report and the need for employers to support them.
“The thing that really stood out [in the research] is that there is now a real focus on financial wellbeing, but it is coming from quite a low base. Only 5% of respondents said they had a mature financial wellbeing strategy,” explains Watts-Lay.
“One of the key issues is that there is good intent, there’s a lot of organisations that want to get a financial wellbeing strategy in place, but it does lag behind some of the other wellbeing pillars such as physical or mental health.”
Watts-Lay goes on to outline the other key findings from the research and how employers can take the first steps in implementing a financial wellbeing strategy.
In partnership with WEALTH at work
WEALTH at work is a leading financial wellbeing and retirement specialist - helping those in the workplace to improve their financial future.