Why is financial wellbeing so important?

Money matters affect us all at some point during our lifetime. They can become all-encompassing and change the way we live our lives at home and at work.

What factors impact financial wellbeing?

Have you ever considered how money concerns affect your employees and their productivity in your workplace?

Employers are in a unique position to influence and intervene when it comes to the financial wellness of their workforce. The benefits offered, as well as how those benefits are selected and communicated, have a direct impact on levels of financial stress.

Lee Coles, Head of Workplace Education at Jelf, explains why financial wellbeing is so important as part of a well-rounded wellbeing strategy.

The importance of financial wellbeing in the workplace

https://youtu.be/g8AAAF_rdNI

This article first appeared on jelf.com.

^Sources:

^{1 Opinium and MetLife UK joint study March 2018}

^{2 Unum, 2019}

^{Marketing communication Jelf19.344}