The state of financial wellbeing
Wagestream’s UK workplace report explores the intersection between employer and employee, an increasingly proven pathway for improving financial wellbeing across the UK. The findings in this report will help employers make a real difference in this space, to the benefit of individuals, organisations and wider society.
Key findings
- 24% of UK employees worry about money every day, up 8% in a year – with money the biggest worry overall in 2022
- 50% of UK employees want help with savings in 2022, but only 18% of employers are planning to help
- 2% is the percentage of team members that employers think worry about money every day – the reality is 24%
- 52% of employees think their employer supports them with money, but 9 in 10 employers believe they’re doing so
- 93% of UK employers now report having a financial wellbeing strategy in place, up from 51% in March 2021.
Wagestream’s research report features contributions from the Money and Pensions Service and others, and is based on surveys of 5,000 UK employees and 600 senior HR leaders.
In partnership with Wagestream
Wagestream’s financial wellbeing platform makes work more rewarding for 3 million people.