Financial wellbeing has previously been considered a new area of wellbeing HR has started to invest in.
For example, The Employer’s Guide to Financial Wellbeing 2019-20 discovered that 50% of UK organisations now recognise they have a significant role to play in supporting their staff members with their financial health.
Meanwhile, the same study discovered that 36% of employees are regularly concerned about money. Couple that with a global pandemic and that figure is surely set to rise as workers grow anxious about whether they will be furloughed or even laid off during these uncertain times.
With more workers than ever before now having to work from home, concerns over high electricity prices, heating bills and even worries over boiling the kettle more often have slowly started to creep in.
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