Wednesday 6 March 2019
Listen to the recording of our first financial wellbeing webinar that took place at 11am on Tuesday 19 March.
We heard from Rosemary Lemon, group head of reward from Hays, as she shared her insights and experience on financial wellbeing in the workplace and highlighted how Hays:
The webinar is around 45 to 60 minutes long and includes questions and answers.
Rosemary Lemon started her career in the oil and gas industry at Texaco Ltd, where she worked for eight years within retail sales, marketing and strategic planning before joining the HR department in the reward area. She joined Hays from Legal & General in the financial service sector, where she spent seven years. During this time, Rosemary was also privileged to sit on the Financial Reporting Lab set up by the Financial Reporting Council and commissioned by the Department of Business Innovation & Skills to look at how Single Figure of Remuneration should be measured.
89% of employers agree that financial concerns have an impact on employees’ performance in the workplace (FCA, 2017), so an increasing number of them are looking at how they can support their staff financial wellbeing. The webinar is with Hays, a member of the Financial Capability Strategy Workplace Steering Groupopens in new window, to share their own approach to supporting their workforce. This is just one example; there are of course a number employers using a range of different providers to engage and support staff with their financial wellbeing. These are complex problems which impact on individual well-being, health and the UK economy and they cannot be solved by any one organisation working alone.
The Financial Capability Strategy for the UK was launched by The Money Advice Service in October 2015 to bring many different people and organisations together to collaborate and take action to address these issues. Employers, charities, government and businesses all want to give people the life-long control and confidence to make the most of their money – from pocket money to pensions. The Financial Capability Strategy is equipping people with the evidence and expertise to change money behaviours.
If you have any questions about the webinar, please contact Monica Kaur, financial capability manager at firstname.lastname@example.org