Nine in 10 companies concerned about employee financial wellbeing

Some 88% of employers are concerned about the financial issues their employees are struggling with, but only half have a wellbeing strategy, research has found. In a survey by Barnett Waddingham of 243 UK firms in July, 37% said they were very concerned, and 51% were somewhat concerned, 8% were not concerned, while 4% were unsure. The consultancy found that the smaller employers and those in the recruitment sector were the least concerned. Some 20% of companies had one-to-49 employees, 10% had 50-99 employees, and 4% worked in HR. The other 66% had more than 100 employees, up to 5,000...