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Your employees’ financial wellbeing is a key component of their overall wellbeing. From how much debt they have, to their retirement plans to how they feel about their everyday financial situation – they can all impact their financial health. However finances are inherently personal, and it can be difficult to gain insight on the financial health of your workforce.
Using the latest available data we’ve created our financial wellbeing calculator – to help organisations visualise what their employees financial health could be and identify any missed opportunities in the wellbeing support available.
In your company...
0 employees could have personal debt1
Cumulatively, employees may have £0 worth of unsecured debt2
0 employees could be struggling with debt3
0 employees may be worrying about running out of money in retirement
0 people might not know how much to save for retirement
0 employees probably could not raise £1,000 in an emergency
0 may not be able to afford to save as much as they would like
0 employees may have poor mental health exacerbated by problem debt4
1https://www.creditfix.co.uk/blog/over-half-of-uk-adults-head-into-2020-with-personal-debt-up-to-100000/ 2https://themoneycharity.org.uk/money-statistics/ 3https://www.citizensadvice.org.uk/Global/CitizensAdvice/Debt and Money Publications/Infographic - Stuck In Debt.pdf 4https://moneytothemasses.com/news/money-and-mental-health-in-the-uk
From clear-cut financial education to cutting-edge technology, we have a range of solutions to help you help your employees’ financial situation.
From improving your employees’ awareness of their financial health to helping them plan for their future, we can help you achieve your company’s goals around employee financial wellbeing. We can help you assess, strategise and implement – contact us now.
The above calculations are based on figures from the following sources:
@AonBenefits Aon