This year has been an extremely turbulent time for people’s finances. The Money Charity recently reported that 30% of UK households have experienced an income reduction. Mental health and money problems are often intricately linked —poor financial health can lead to poor mental health, which leads to increasingly poor financial health, and vice-versa.
In England, 46% of people in problem debt also have a mental health problem (Money and Mental Health, 2020). There can also be a significant impact for employers. As financial anxiety can lead to long term stress and poor mental and physical health, resulting in absences, lower performance and increased turnover.
So, what can employers do to support this important element of their employees’ wellbeing?
In this webinar, you’ll hear from financial wellbeing expert Robert as he discusses why financial wellbeing is more important than ever, and exactly how businesses can create a successful financial wellbeing strategy.
