Aimee O'Leary
Written by
Aimee O'Leary

For today’s talk from our 6-week-long Summer Series: 25 minute daily talks all throughout June, we had a session with Gethin Nadin, Director, Employee Wellbeing, Benefex.

How can behavioural psychology help employees make better financial wellbeing decisions

In the wake of the Coronavirus pandemic, economies all over the world are entering a recession with the UK Chancellor warning that there are ‘tough choices ahead’. At the start of 2020, Brits were saving less and borrowing more than ever before with most employees just one pay day away from financial difficulties. As employers continue to bear the brunt of their employees poor financial wellbeing, Gethin Nadin looked at the lessons we can learn from psychology and previous recessions that can help employers to better support their staff during these difficult times.

Gethin spoke about:

  • The psychological barriers that stop people from spending less and saving more and how to break through them
  • Why common scare tactics don’t work
  • Four simple ways for you to use behavioural psychology to help employees make better financial wellbeing decisions
  • Why people need the support from their employer
  • and more

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