Our Round Table round-up: examining financial wellbeing and employee engagement

Our Round Table round-up: examining financial wellbeing and employee engagement

Last Wednesday we welcomed HR professionals from businesses across the UK to the Langham Hotel, London, where we held our second Employee Engagement Round Table of 2019.

This event is the perfect setting to share ideas, experiences and discuss the various challenges surrounding employee engagement – as well as tuck into a delicious breakfast. For this particular Round Table, we focused our attention on the relationship between employee engagement and wellbeing.

As is widely discussed in the HR profession and beyond, the wellbeing of employees has proven to be intrinsically linked to their happiness, performance and engagement at work. With employee wellbeing strategies increasingly becoming the norm in business, it’s therefore a relevant and highly valuable topic of discussion for our attendees who work in the HR and Reward profession.

Our Managing Director, Andy Caldicott, chaired the event and initiated the discussion by sharing the theory behind employee engagement, some interesting statistics and his personal expertise in the field. He then delved into employee wellbeing, mapping out the many different types and different forms of wellbeing support provided in business.

As is always the case with our Employee Engagement Round Tables, we wanted our attendees to get the absolute most out of the event and come away full of ideas and inspiration. Led by our attendees’ individual questions and interests, the discussion covered a wide range of topics within wellbeing and looked at the various approaches and challenges.

We were also very fortunate to be joined by our guest speaker, a professional in the financial wellbeing field – Monica Kalia, co-founder of Neyber and a StepChange trustee. She delivered an insightful presentation that examined how financial wellbeing can boost employee engagement, drawing on Neyber’s own research.

Neyber’s DNA of Financial Wellbeing research found that 63% of employees have been negatively affected in by financial worries in the last year. 45% said that money concerns affect their performance at work, and 10% said that they couldn’t focus during the day. 26% lost sleep, 20% felt depressed, and 35% said that they had felt stressed about money in the last 12 months.

Many businesses now incorporate financial wellbeing into their wider wellbeing strategy, to ensure that employees have access to financial advice, support and can make more informed decisions with their money. We therefore had a very interesting and valuable discussion around the topic, sharing thoughts, opinions and ideas.

Here’s a testimonial from the event:

Look out for details of our next Round Table, coming soon…