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Mercer launches financial wellbeing hub to address Covid crisis

24 April 2020
Employers focus on loans at expense of savings options
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Mercer has launched a financial wellbeing resources hub to help employers, and their employees during the the Covid crisis. 

This site will provide practical information for employers and includes an associated site with toolkits aimed directly at individuals. 

All the resource available online are free to access for employers, employees and their friends and families.

The employer resource site will see regular updates on current and emerging best practices in financial wellbeing benefits and approaches. Mercer will also regularly post commentary and information around evolving government and financial institution assistance measures relevant to employers and their employees. 

Meanwhile the employee toolkit site offers videos, podcasts and articles with practical financial information, money saving hints and tips, checklists and planners, and links to other third parties providing support and information.

Mercer UK chief executive Sylvia Pozezanac says: “Many organisations have been focusing on the immediate business and employee health implications of the coronavirus. 

“As the economic impact of the pandemic comes to the fore, the short and long-term financial wellbeing of employees is now rising up the agenda.

“As an employer we can clearly see the impact Covid-19 is having on our own people and their families and as a trusted advisor we see the impact on our clients and their people.”

She said both Mercer, and its parent company Marsh & McLennan, have made commitments to support staff across their businesses. However she adds that they are aware many families rely on incomes now affected by the many businesses impacted by Covid-19. 

She says the company was drawing on its own approach to financial wellbeing, as well as the personal experience and expertise of colleagues.

The post Mercer launches financial wellbeing hub to address Covid crisis appeared first on Corporate Adviser.

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