Financial services firms to tackle employee wellbeing challenges

Firms to boost health and wellbeing investment

Jaskeet Briah
clock • 1 min read

Research by Unum UK has detailed that employees working in the financial services (FS) industry experienced more health-related issues than most.

The provider surveyed 500 employees and 503 decision makers in employee health and wellbeing across UK workplaces. Its research found that supporting employee wellbeing was the greatest challenge for 33% of surveyed employers in 2024. Around 38% of FS employees said their physical health had worsened last year, compared to a UK average of 24%, and 37% took time off for general health issues, compared to an average of 29%. As such, the FS industry is planning to boost investment in health and wellbeing strategies this year, with 51% of FS businesses planning to invest more in this area...

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

Health and wellbeing supports business as much as employees: Towergate

Health and wellbeing supports business as much as employees: Towergate

Investment in wellbeing support

Cameron Roberts
clock 19 August 2025 • 2 min read
PIB Employee Benefits acquires Atwood Benefits

PIB Employee Benefits acquires Atwood Benefits

Supporting international companies

Cameron Roberts
clock 13 August 2025 • 1 min read
Employers leaving benefit take-up for employees to initiate

Employers leaving benefit take-up for employees to initiate

GRiD research

Jaskeet Briah
clock 12 August 2025 • 3 min read