Articles

Forget after-work drinks and free snacks. The real game-changer for businesses in 2025 is financial resilience. It's not just a buzzword; it's the key to unlocking a happier, more productive, and more loyal workforce. Here's why it's the metric your business can't afford to ignore.

Research: Amid soaring financial stress, financial resilience is key to employee engagement & productivity

The world of work has changed. Employees are demanding more than just a paycheck; they're looking for support that addresses their overall wellbeing, and financial resilience is a huge piece of that puzzle. But are businesses truly delivering?

It's time to talk strategy. Building financial resilience for employees isn't just about good intentions; it requires a structured approach. To truly understand the impact of your efforts, you need to measure it effectively. Think of it as tracking key performance indicators (KPIs) for your workforce's financial wellbeing. You wouldn't manage your business without them, so why would you overlook measuring something so crucial to your employees' success and your company's performance?

Financial stress has continually reared its head amongst the UK’s workforce in the past decade, characterised by the cost of living crisis, the global pandemic, inflation, and other moments of financial instability that trickle down to workers and their financial lives.

Undoubtedly, the retail sector stands on the robust shoulders of its dedicated workforce. However, thriving in an industry characterised by shift-based work requires more than merely showing up. Research from a recent report "Financial Wellbeing in Retail 2025" underscores the need for a comprehensive strategy to promote financial wellbeing among retail employees.

Financially stricken retail workers are highlighting a severe, yet understated issue that requires immediate attention. The unique structure of the retail sector compounds the impact of financial instability on its key players. The effects are far-reaching, with individuals and organisations sharing the burden.

For many employees, the festive season is one of joy, connection, and celebration—but it can also be a source of significant financial stress.

The rising cost of living is negatively impacting the financial wellbeing of your team – and therefore your organisation. Delaying action is not an option, so what should you be doing now to support your staff through the cost of living crisis?

Financial wellbeing is integral for employees. A significant gap exists between knowledge and action, especially between higher and lower earners. Higher earners generally have healthier financial habits, while lower earners often struggle to implement these.

Behavioural science can play a significant role in building effective financial wellbeing strategies by understanding and influencing the behavioural factors that impact financial decisions.

We all know that money worries can impact how we feel about our lives and ourselves, but did you know they can also impact IQ?

Work and money are intrinsically linked; however, it might not be immediately evident how financial concerns can directly affect work performance.

Many leaders think the answer to employees struggling with the cost of living is financial education. But while education is helpful, new research has revealed a perception gap between senior leaders who govern financial wellbeing policies and their working populations. Understanding this gap can help to build better solutions.

Considering your DE&I goals when building your financial wellbeing strategy will embed financial inclusion in your organisation, and generate upticks in HR and business metrics as a result.