Employers use many ways to build financial wellbeing. Use these examples and ideas to help you get started.
Create a work culture where people are comfortable talking about money
Have financial wellbeing ambassadors at every level of management, including board level.
Invite experts such as your pension provider, independent financial advisor and local bank’s mortgage specialist to discuss money matters with your employees.
Provide confidential counselling services, where employees can discuss their financial situations.
Build financial wellbeing into inductions, HR policies and around life events, such as going on parental leave, buying a home, facing a relationship breakdown or bereavement, returning to work, gaining a promotion, approaching retirement and leaving a job.
Add a financial wellbeing section onto your intranet.
Partner with other providers
Work with a local or national credit unionOpens in a new window that provides employee savings, loans or insurance services, taking repayments directly from the payroll.
Partner with other specialists in the areas of pension support, payroll savings schemes, loans and salary advance schemes and financial education.
Review your Employee Assistance Plan if you have one