Let’s be honest, we could all benefit from understanding the world of finance a little better. With rising inflation and the price of everyday goods such as energy, food and petrol skyrocketing, employee financial wellbeing has never been more important.
Unfortunately, money worries can affect different areas of our lives such as our health, which can in turn negatively affect our work and that of our employees. It seems clear that if employers want a more happy, engaged, and healthy workforce, then improving financial wellbeing needs to be firmly on the agenda.
So, how can employers support their employees with financial education in the workplace?
Brunsdon Financial have a range of Financial Education courses that can help to not only guide them through this current economic period, but that may support them well into the future.
Why should we help employees to learn about money?
Providing your team with access to a comprehensive financial education programme may contribute to a boost in morale, engagement, staff retention and wellbeing both in and outside of the workplace. It provides people with the knowledge and tools to understand various money-related subjects, so that they can make informed decisions regarding their personal finances.
It could also help create a supportive environment in which employees feel safe to ask for help on money-related matters and have access to resources to help them.
Where to begin?
Start the conversation – Communication between employees and leaders is an important aspect of any business. Having a way to check in with your team to understand how their wellbeing may be being affected by money (or anything else for that matter), would be a good place to start.
Learn more – Our free Employer’s Guide to Financial Education may provide you with a good level of base knowledge as you embark on this next stage in your employee benefits journey.
Get in touch – Contact us to see how our financial education programme could help boost your team’s morale and contribute to happier, more financially secure employees.