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Financial wellbeing in the workplace

Find out how to support employees' financial wellbeing and learn about the tools that can assist them in managing their finances.

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What employers can do

As an employer, there are many ways you can support your employees’ financial wellbeing.  

Here are some things you can do in your workplace: 

Have confidential and supportive conversations
  • Start confidential and supportive conversations with employees about their financial situations. Protecting employees’ privacy will encourage them to seek help without fear of discrimination or impact on their job.  
  • Go to the Chartered Institute of Personnel and Development (CIPD) for financial wellbeing guidance which offers practical tips to help promote and support employees’ financial wellbeing
Become a fair work employer
  • You can do this by offering good pay, involving employees in decisions, being flexible and creating a healthy workplace. Find out more about fair work. 
Promote awareness of financial wellbeing
  • Use awareness like the Talk Money Week campaign as an opportunity to start conversations and share resources about financial wellbeing
Signpost to free, confidential and independent debt advice services
  •  MoneyHelper provides money advice and support along with online tools and calculators to help keep track of finances and plan ahead
Managing changes at work
  • Job loss can lead to unhealthy habits, higher anxiety and depression. It also affects families and communities. Handling redundancies well can help reduce these negative effects. ACAS (Advisory, Conciliation and Arbitration Service) has created a simple guide for managers thinking about making employees redundant.  

Page last reviewed: 26th March 2025

Bank notes and coins on a table.