So far, 2020 has been an extremely turbulent time for people’s finances.Â
Although the changes to tax allowances announced in the UK Budget looked set to put some money back in the pockets of thousands of people, many could have since seen their families’ financial health change as the UK continues to battle the coronavirus.
With the average household debt now totalling more than £60,000, financial worries are weighing heavily.
Employers have a key role to play in helping their people make healthy financial choices and habits. This Personnel Today webinar, in association with nudge, will examine why financial wellbeing is more important than ever and how businesses can create a living and breathing financial wellbeing strategy.
Tim Perkins, co-founder of nudge, joins Dr Stephanie Fitzgerald, a chartered clinical psychologist and senior business partner for mental health at Rolls-Royce, along with Personnel Today’s HR and wellbeing editor Ashleigh Webber to discuss:
- What HR must look out for when developing a financial wellbeing solution
- What effect Covid-19 is having on employees’ finances
- Why employees are looking to their employers for financial wellbeing support
- The signs that an employee is struggling with money
- How financial pressure affects mental health
This free 60-minute on-demand webinar, recorded on 29 April, includes a Q&A session where live viewers submitted questions to our panel.
About our speakers
Tim Perkins is co-founder of nudge. He has more than 15 years’ experience in HR and reward, and started his career as one of the founding team of Thomsons Online Benefits. He co-founded nudge in 2012, when the UK saw the introduction of pensions auto-enrolment and the Retail Distributions Review, which removed access to financial advice for millions of people. nudge has grown rapidly since then, supporting almost half a million people improve their financial wellbeing and create brighter financial futures.
Dr Stephanie Fitzgerald is a chartered clinical psychologist, keynote speaker and author. Stephanie’s clinical specialisms are anxiety disorders and trauma, and she has worked as a health and wellbeing consultant to companies across multiple industries. Stephanie is the senior business partner – mental health at Rolls-Royce, where she is delivering the global mental health strategy in a safety critical environment. Stephanie is passionate about ensuring people are happy, healthy, safe and engaged in the workplace.