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Financial Wellbeing in the Workplace

Empower your team with the tools and confidence to take control of their financial wellbeing.

IQ&Co delivers clear, practical financial education designed to support employees and strengthen organisations.

The Impact of Financial Wellbeing

£120

is the average cost to employers for each sickness absence day

£6bn

estimated cost of ‘absenteeism’ linked to financial stress

£45–£51bn

is the combined cost of presenteeism and absenteeism to UK employers

Why is it important?

In an ever changing working environment find out why Financial Education and Wellbeing is so important for business owners and employees alike.

Money Worries

24% of UK employees worry about money every day, up 8% in a year1 40% reported that financial concerns were their biggest worry in 2022.

Financial Pressure

Two in five workers (40%) have experienced increased financial anxiety in the wake of the coronavirus pandemic.

13 Million Days

13 million days of work were lost as a result of 2.5 million private sector workers taking time off in the last year due to poor financial wellbeing.

What is our approach?

Assessment

Assess employee demographics

Offering

Tailor an offering to suit

Programme Delivery

Use our industry knowledge and expertise to deliver the programme

Support

Ongoing support for staff members

What is Workplace Financial Wellness?

Workplace financial wellness supports employees in managing their finances effectively, reducing stress and improving focus at work.

Build confidence in financial decision-making

Reduce financial stress and distraction

Encourage long-term financial habits

Build confidence in financial decision-making

Reduce financial stress and distraction

Encourage long-term financial habits

Hear from businesses who have benefitted

Anonymous

IQ visited my workplace and as a result identified a number of my employees were worried about access to medical services As a result I was able to review my staff benefits and, with the help of IQ, put private medical insurance in place. This means my staff see specialists sooner reducing their time off work and this also reduces their worries.

HR Manager

IQ came into my workplace and completed 1-1 sessions with a number of staff members ranging from mortgage discussions to investment, pensions and personal protection advice. The staff all said that they don't really make time to think about these things for themselves so it was great to have a workplace which facilitated these discussions, with experts, as part of their offering to staff.