Even in the most upbeat company cultures and environments, staff can still get stressed out about their personal finances.
When employees can’t focus on work due to the financial strain and worry they are under, it is not only they who suffer. Employers pay the price too, particularly when it comes to motivation, concentration and productivity.
Yet companies don’t have to struggle because their employees are currently buried in financial chaos. By establishing a holistic financial wellbeing programme employers can actually flip the narrative.
Rather than assuming a worker’s financial situation is too hard to tackle – or not the problem of the company in the first place – an innovative wellbeing initiative can address the subject head on, with sympathy and understanding, clarity and confidence.
More and more companies, bosses and HR executives are seeing the value of financial wellbeing, which leads on to a happier, healthier and more productive workforce all round.