How HR leaders can support employee financial wellbeing

The UK is undergoing significant reforms to its benefits system, particularly around disability and sickness benefits. 

Alongside these changes, there’s another important moment to pay attention to - UK Savings Week (22–28 September 2025).

Led by the Building Societies Association and supported by the Money and Pensions Service, UK Savings Week encourages people to take simple steps to build a financial safety net. 

For employers, it’s a great chance to shine a light on the role you can play in helping employees feel more secure about money.

Right now, one in four UK adults has less than £100 in savings. 

That means even a small bill can push many employees into stress or debt. And financial worries don’t stay at home; they follow people to work.

• Employees under money stress are more likely to be distracted and less productive.
• Financial strain can increase sickness absence and impact mental health.
• Lack of savings often drives higher turnover, as staff look for better pay or benefits elsewhere.

Supporting savings isn’t just about being a caring employer. 

It’s about protecting your business.

HR leaders are in a unique position to make saving feel achievable. Some of the most effective options include:

Payroll-linked savings schemes

Let employees save directly from their salary into a credit union or savings account. Because it’s automatic, it’s easier for staff to build a habit.

Financial education and resources

Workshops, webinars, or digital platforms can help employees understand budgeting, debt, and the value of even small emergency savings.

Access to financial wellbeing platforms

Tools like moneyappi give employees clear insights into their spending, help them set goals, and make saving feel manageable.

Incentives or matched savings

Even a small employer contribution can nudge staff to start or grow their savings pot.

Financial wellbeing sits at the heart of overall wellbeing. 

When employees feel secure with money, they’re less stressed, more engaged, and more focused at work. 

By tying UK Savings Week into your broader wellbeing programme, you can show that your organisation supports staff in every aspect of their lives.