Employees experience financial avoidance

The report showed that 73% of employees said that the cost-of-living crisis made them feel more anxious about finances. Employers, on the other hand, believed 56% of their employees were worried about their finances. The provider puts this disparity down to the fact that half of those surveyed spoke to their current employer or line manager about their financial wellbeing. Employers are taking action to support employees, 76% have initiatives in place to talk about financial wellbeing. The number of employers not actively encouraging employees talk about financial concerns was at 21% ...