Organisations still lacking employee financial wellbeing strategies: Mercer

‘Build the right financial wellbeing frameworks’

Hemma Visavadia
clock • 2 min read
Organisations still lacking employee financial wellbeing strategies: Mercer

According to its latest Financial Wellbeing Index, Mercer finds that some two thirds of organisations have yet to implement a formal employee financial wellbeing strategy.

The research into 140 companies found that at the start of the pandemic 86% of organisations took active steps to support the financial wellbeing of employees. However, only one third of organisations said it had a formal financial wellbeing strategy in place for employees. The report commented that a "wide gap" exists between firms that have "started to develop more effective financial wellbeing programmes based on a clear strategy" and "those who have not acted strategically, with pro...

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