THE IMPORTANCE OF PAY IN A FINANCIAL WELLBEING STRATEGY

On first reading, you might think the question of the importance of pay as a part of a financial wellbeing strategy is a silly one. After all, what can be more important to financial wellbeing at work than someone’s salary?

Undoubtedly, monthly income and financial wellbeing are inextricably linked—the more you earn the more money you have to pay the bills—but there’s more to an effective financial wellbeing strategy than salary, and, failing to address these additional opportunities to support employee wellbeing will impact your business in a multitude of ways.

On this blog, we explore how do employee financial concerns can affect your business, the importance of a financial wellbeing strategy and ways to boost your financial wellbeing strategy.