Money worries | How to make financial wellbeing a priority

Financial wellbeing: the facts

Although financial wellbeing is still a relatively new area of wellbeing, over 50% of UK organisations now understand they have a significant role to play in assisting their employees with their financial health. This figure is set to rise to over 70% over the next few years (The State of Employee Financial Wellbeing, HR Zone, 2019).

Perhaps one of the main reasons for the rapid rise in employers prioritising financial wellbeing has been due to the shocking statistics that have emerged over the last few years.

The Employer’s Guide to Financial Wellbeing 2019-20 found that 36% of employees are regularly worrying about money. This is far more than any other area of life, including careers (26%), health (24%) and relationships (19%).