Organisations still lacking employee financial wellbeing strategies: Mercer

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 programmes that still have room for improvement." In 2015, only 15% of organisations had a formal fi...