Financial well-being: 2017/2018 Global Benefits Attitudes Survey

Alongside this focus on physical and emotional health, employers increasingly recognize the stress that can arise from financial insecurity. This has contributed to financial well-being emerging as a near-term priority for many employers, with many companies planning to offer or expand upon their current financial well-being initiatives.

Recent trends suggest that these employer interventions cannot come soon enough. Financial satisfaction has taken a turn for the worse in most countries, reversing the gains enjoyed from 2013 to 2015. Attitudes have deteriorated in most developed countries and in many developing markets as well. The U.S. presents a particularly gloomy picture, with financial satisfaction plunging by 13 percentage points between 2015 and 2017 — from 48% to 35%.

And deteriorating satisfaction is not confined to the U.S. and U.K., where political uncertainty has intensified, although upheavals in both countries might be reverberating beyond their borders.

Global Benefits Attitudes Series: financial well-being

In part two of a five-part blog and video series, Steve Nyce, senior economist at Willis Towers Watson...