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How to support employees financial wellness online

Online Financial Education

The Financial Wellness Challenge

Over the last few years financial wellbeing has became the ‘hot topic’ for HR managers around. Various studies have shown the benefit of offering this support, one of which being a recent study by LCP  (May 2020). They found that 3 in 5 employees had lost sleep last year due to stress with financial wellbeing being a contributing factor. 

The difficulty in the current climate isnt just finding ways to support employees, but to do so online. While this can be a challenge, modern day technology makes this a very possible reality. Employees can still engage with speakers and ask questions while employers can measure results. 

The Online Options

There is a array of ways to support your employees financial wellbeing online. Whether offering online resources, webinars of phone calls with an adviser. It is however worth keeping in mind that although beneficial, one off events cant solve all problems. Financial wellbeing is a long term goal for your employees and one that needs to be worked on over time. Below are some of the ways you can start helping your employees online: