New studies show that money is now the #1 cause of stress and poor mental health for employees in the UK (CIPHR, 2021).
It’s a reality that affects nearly everyone in every sector, regardless of salary, savings or situation. CIPD recently found that 94% of all employees worry about money (CIPD, Reward Management Survey, 2021).
So what role should employers play in improving financial wellbeing? Are paycheques and pensions enough?
We sat down with 100+ leading employers and B Corp people leaders to ask what they were doing to address the financial health crisis. In this action-filled toolkit, we share their insight and their advice, including the top 10 things any business can do right now to take action on financial wellbeing.
You will learn…
How to increase awareness and get budget for financial wellbeing in your business
How to create a culture where people feel comfortable talking about money worries
How to take meaningful action to support your employees
About Octopus MoneyCoach
Octopus MoneyCoach is the UK's leading provider of financial coaching to workplaces.
Schools don’t teach money, society makes it taboo and banks want to sell – which is why more than 8 out of 10 UK employees bring money worries to work every day.
We’re on a mission to rethink financial wellbeing and make truly personal money guidance accessible to everyone.
We bring together accredited financial coaches with powerful planning technology to help people feel more empowered, confident and chart a clear path to all their financial goals.
We often save employers at least 1x our fees – in real National Insurance savings (not even counting the impact on productivity, retention and more!).
And did we mention that 82% of employees immediately make better use of their money or other company benefits, like pensions and employer loans?
We’re a certified B-Corp and the sister company of green energy game changer, Octopus Energy.