Is your business in need of financial education?
In light of recent studies highlighting the growing need for financial education among employees, we at Moore Thompson Chartered Accountants felt it was crucial to bring this topic to your attention.
A recent survey by CloudPay has revealed some startling statistics:
- 91 per cent of employees believe they and their colleagues would benefit from employer-led financial education, support, and advice.
- Only 34 per cent of employees currently have access to such resources.
The data clearly shows a significant gap between the need for financial education and the availability of such resources in the workplace.
Why this matters
Financial stress can have an impact on employee well-being and productivity. This is not just about higher salaries; it’s about empowering your employees to make the most of their existing resources.
What can employers do?
Offering significantly higher salaries may not be feasible for many organisations. However, providing financial education can be a cost-effective way to enhance employee well-being.
How we can help
Our experienced team of Chartered Accountants are experts in advising business owners and our advice can help educate your employees and improve the overall financial knowledge of your workforce.
If you’re interested in learning more about how we can assist you in implementing sound financial advice, please contact us today.