Employers should record employee financial stress via EAPs

Adam Saville
clock • 2 min read

Financial wellbeing firm Neyber suggests better use of employee assistance programmes (EAPs) would benefit both workers and companies

A simple but effective change to personnel processing would go a long way to improving quality of life for employees and therefore helping a business, financial wellbeing company Neyber has rallied. The firm has suggested that employers ask their EAP providers to track employee financial notifications of stress, a change that can easily be made within EAP systems themselves. "Currently, we understand EAPs track when an employee is depressed or anxious, but the employers can't tell if it's for financial reasons," said Monica Kalia, co-founder of Neyber. "Yet making this adjustment give...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Businesses looking to cut employee benefits generosity amid SSP changes

Businesses looking to cut employee benefits generosity amid SSP changes

42% will increase the prices

Jaskeet Briah
clock 31 March 2026 • 1 min read
Syrona Health launches weight management programme for employees

Syrona Health launches weight management programme for employees

Virtual, clinician-led assessment and prescribing

Jaskeet Briah
clock 25 March 2026 • 1 min read
5m mental health sick days taken in 2026

5m mental health sick days taken in 2026

Simplyhealth research findings

Jaskeet Briah
clock 24 March 2026 • 3 min read