Aegon and Centre for Economics and Business Research report
In the latest research by the Centre for Economics and Business Research (CEBR), they quantified the costs of poor financial wellbeing for employers.
Both monetary concerns and mindset can have a negative effect on financial wellbeing, resulting in higher costs for employers. It shows the importance of developing employees’ financial resilience, particularly with the current cost of living crisis.
The business case for financial wellbeing is clear – this report includes statistics and results that can provide evidenced support for your financial wellbeing programme.
The Chartered Institute of Personnel and Development (CIPD) also has insight on employee financial wellbeing.