How to stop employees sleepwalking into retirement
In April 2019 I wrote about preventing employees from “sleepwalking” into retirement. Since then more focus globally has been put on pensions and the lack of savings being made. Today, we are witnessing a significant global retirement savings gap; with the gap projected to balloon to $400 trillion USD by 2050 much more needs to be done to address this.
Most employers will want to prevent their employees from sleepwalking into their retirement and support and encourage them to save more. It is not only the responsible thing to do, it makes good business sense.
Financial wellbeing should become one key pillar of a wider Wellbeing strategy. There is a definite interaction between financial wellbeing impacting mental health!