Employers 'need to understand' risk of financial wellbeing - MetLife

Issues begin to rise

Adam Saville
clock • 1 min read

Tackling financial stress would help boost productivity and engagement in organisations

Employers have been urged to "understand" the risk of financial wellbeing after MetLife research found six in 10 (61%) senior HR executives have reported a rise in financial wellbeing issues affecting employee mental health. Out of the 200 HR professionals surveyed by the insurer, two-in-three (64%) said tackling financial stress would help boost productivity and engagement in their organisations, while more than half (58%) said there is growing momentum to provide support. However, it concluded employers are also struggling to agree best practise standards to address the issue of fin...

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

Partner Insight: Transforming Private Healthcare - From Reactive to Preventative Care

Partner Insight: Transforming Private Healthcare - From Reactive to Preventative Care

Why Fitness Benefits Are the Future of Private Medical Insurance

Hussle
clock 11 September 2025 • 3 min read
Workplace absence levels rise due to long-term health conditions: CIPD

Workplace absence levels rise due to long-term health conditions: CIPD

29% of businesses expect wellbeing budgets to increase

Jaskeet Briah
clock 09 September 2025 • 3 min read
Bupa partners with GoJoe

Bupa partners with GoJoe

Business expansion plans

Cameron Roberts
clock 04 September 2025 • 2 min read