Employees still missing out on financial support

This informal CPD article, ‘Employees still missing out on financial support‘, was provided by Money First Aid, an organisation that offers online courses created by financial experts with industry and training experience to equip participants with the knowledge and skills needed to help others overcome financial difficulties.

Research from Fair4All Finance (2024) estimates that 17.5 million people are financially vulnerable in the UK. When we think of a financially vulnerable person, an employee in the UK earning a monthly salary likely isn't who comes to mind. And employees themselves may not identify with the label, given the feelings of blame and shame often associated with financial vulnerability. And yet, 72% of those 17.5 million people are in full or part time employment.

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