Financial Difficulties & Mental Health in the Workplace: How are they linked?

Join us for an insightful webinar delving into the profound connection between financial difficulties and mental health in the workplace. Recent studies reveal alarming statistics, with 1 in 3 adults experiencing anxiety due to personal financial situations. The ongoing cost-of-living crisis exacerbates these challenges, underscoring the urgent need for workplaces to address employees' financial wellbeing.

Presented in collaboration with leading researchers and experts, this webinar sheds light on the intersection of social mobility, financial stability, and mental health. Learn how organisations play a pivotal role in fostering inclusive environments by supporting employees facing financial and mental health pressures.

Topics Discussed:

• Exploring the intricate links between mental health, financial stability, and socioeconomic background
• Equipping organisations with practical strategies and resources to support employees dealing with financial and mental health challenges
• Understanding the importance of initiatives promoting financial wellbeing in cultivating inclusive workplaces

Key Takeaways:

• Gain insight into the complex relationship between financial difficulties and mental health
• Acquire practical tools and resources to support employees facing financial and mental health challenges
• Understand the significance of initiatives promoting financial wellbeing in building inclusive workplaces
• Collaboration and engagement among organisations committed to enhancing employee wellbeing and organisational culture.

Speakers:

Helen McNicholas, MQ Mental Health Research will shine a light on the existing research into the relationship between financial difficulty and mental health. This will include insights from the charity’s recent report into the impact of the cost-of-living crisis on the nation’s mental health, which set out evidence-based recommendations as to how different sectors of society can respond to ensure the most vulnerable are protected.

Tori Monks, National Numeracy: Millions of adults across the UK lack confidence working with numbers and struggle to manage their money or understand concepts like interest and inflation. In an interactive session, National Numeracy will showcase how organisations can support their staff’s number confidence through their engaging resources and online learning tools.

Carla Hoppe, Wealthbrite has developed what it describes as the "First 90 Days Programme" for Early Careers Talent which builds commercial awareness, financial acumen and workplace readiness skills to accelerate the performance of new joiners. Wealthbrite uses storytelling and relatable experts to plug the skills gap and believes building financial acumen is a must-teach skill to enable greater social mobility and improve employee wellbeing. 

More speakers to be confirmed.

About the Host:

The Lord Mayor's Appeal is committed to building A Better City for All through its strategic pillars of Inclusive, Healthy, Skilled, and Fair. Our Power of Inclusion initiative aims to enhance opportunities for individuals from diverse socioeconomic backgrounds in the City of London. Through initiatives like This Is Me, we strive to eradicate the stigma surrounding mental health in the workplace and promote holistic wellbeing.