Paul Avis explores how there is no one-size-fits-all solution to fit the needs of employees
Employees tend to be a diverse bunch. Employers need to assess what their specific workforce challenges are and try to remedy them. The Joseph Rowntree Foundation estimates one in eight employees are working but living in poverty[1] and up to 60% of households in poverty include someone who is working.[2] In 2017, KPMG said 21% in the UK are still earning below the real living wage: an estimated 5.5 million employees are struggling to escape in-work poverty.[3] Employers are responding to these challenges. The top elements being added to financial wellbeing programmes include money ma...
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