UK financial wellbeing is at a critical tipping point.
The latest FinWell Index, the UK’s most comprehensive measure of financial wellbeing, reveals a worrying decline in core financial capabilities. Debt management has fallen by 2.5%, the ability to cover monthly essentials is down by 2.4%, and the financial wellbeing gap between men and women has surged by an alarming 29% in just one year. Other groups, including single parents and students, are also experiencing growing financial strain.
In this webinar, Owain Service, CEO of CogCo, is joined by Ugne Sapezinskaite, Strategic Account Director at Stream, to explore what the data tells us about the current employee experience and what employers can do next.
The webinar will cover:
The key findings from the latest FinWell Index and what they reveal about UK financial wellbeing
The impact of financial stress on the employee experience and business outcomes
Practical actions HR leaders can take to support financial wellbeing at scale
Globally, three million people now have access to the Wagestream platform through 2,000 brands - across the U.K., Europe and U.S. - making it the world's most widely-used financial wellbeing provider. Offered through employers, the platform helps members to earn, learn, save, spend and borrow on their own terms, all in one smartphone app.
Wagestream Ltd is a B corporation, built with a social charter to provide fair financial services.