Why Financial Wellbeing Is Now a Workplace Essential

And how forward-thinking employers are stepping in to support their teams

Financial stress is now the leading cause of employee anxiety, and it’s costing UK businesses more than ever.

With rising living costs, energy bills, and income threshold changes on the horizon, money worries are no longer just a personal matter. They’re a serious workplace issue, affecting performance, productivity, and retention across the board.

And the impact is measurable.

“Financial wellbeing has a direct effect on how people show up at work. When people are under pressure, they’re more likely to leave, more likely to be absent, and far more likely to disengage. Helping them navigate this climate isn’t just the right thing to do—it’s smart business.” - David Jackson, Managing Director, Prestige Private Finance

According to the Money and Pensions Service, 59% of employees say their financial wellbeing impacts their work performance. And research from Willis Towers Watson found that financially stressed employees are 2.5 times more likely to report being disengaged at work.

Beyond the statistics, the ripple effects are clear: delayed decisions, absenteeism, poor morale, and a knock-on effect on team culture.

Forward-thinking employers are acting - and seeing results

That’s why more organisations are embedding financial education and support into their employee experience. Not as a perk, but as a priority.

At Prestige Private Finance, we partner with HR teams to deliver tailored, high-impact Financial Wellbeing programmes that meet your employees where they are. Whether it’s building a roadmap to homeownership, understanding mortgage affordability, or navigating financial uncertainty, we equip your team with clarity, confidence, and control. And we do it at no cost to your business.

Our bespoke offering includes:

• Educational Lunch and Learn sessions

• 1:1 mortgage surgeries and personalised homeownership roadmaps

• A branded landing page with downloadable toolkits, mortgage guides, and ongoing access to expert support

  
  

All designed to integrate seamlessly with your existing wellbeing strategy.

Real results, real impact

“The mortgage surgery has been a game-changer for our team. One employee described it as ‘helpful and exceeding expectations,’ while another found it ‘invaluable.’ Seeing our people feel empowered and equipped with financial clarity through these sessions is immensely satisfying. We wholeheartedly endorse Prestige’s sessions as a vital resource for any team navigating their financial journey.”— HR Director, Chilly’s

“I never thought understanding mortgage affordability could be this straightforward... It’s like having a personal finance tutor!”— Employee participant

Financial literacy is more important than ever, yet most people don’t know where to start or who to trust. Our mission is to change that. We cut through the jargon, personalise the experience, and focus on outcomes that genuinely improve people’s lives, and performance. Because when employees feel financially secure, they don’t just show up, they thrive.

Could your employees benefit from financial wellbeing support?

We’ve developed a quick, downloadable checklist to help HR teams assess the need across their workforce.

Financial Wellbeing Employer Checklist.pdf

Download PDF • 4.79MB

tAlternatively, book a discovery call with our team and see how we can partner with your organisation.