Impartial, open-minded and nonjudgemental
It doesn’t make presumptions about how different types of employees’ financial affairs “should be”. This is because it knows that even...
This list could go on. Endlessly. The point is that employees, and their financial pain-points, are unique.
And whilst trends and common-problems will exist within a workforce, these need to be discovered without preconceived notions based on gender, age, salary or role-level.
It’s this critical assessment that will lead to meaningful objectives and allow you to take meaningful action.
A fair financial wellbeing strategy therefore starts from a position of listening to employees (in order to identify employee needs), and then evolves through continued listening – and identification of new financial pain-points. In corporate speak, it’s agile.