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A financial education and wellbeing service is a vital step to understanding people’s needs

Home / News / A financial education and wellbeing service is a vital step to understanding people’s needs

A financial education and wellbeing service is a vital step to understanding people’s needs

Lifetime news

Posted on: 25/02/2022

Employers are waking up to the fact that in this uncertain world they have to do all they can to care for their people.

In more and more numbers they are embracing the need to support their staff’s financial wellbeing.

Those bosses taking this step realise that financial education and guidance has to be embedded into any employee benefit offering, in order to make that offering truly worthwhile.

A lot of employers are also willing to hold their hands up and admit to a gap in their knowledge when it comes to the understanding of their people. They are unsure if each individual in their workforce enjoys financial health.

So they see the implementation of a workplace financial education and wellbeing service as a vital step to truly understanding their people’s needs.

Any employee benefit has to be something that people genuinely need. Not just a throwaway token that hasn’t had much thought and care put in to it.

Employers are discovering that staff seek a service that:

  • Listens to their concerns, hopes and ambitions
  • Explains the financial facts using simple language, not jargon
  • Shows them how to make changes that improve their lives, now and in the future

Are you doing this for your people? If so, brilliant. We commend you.

If not, why not?

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