An employee’s wellbeing can be affected by concerns about their financial health. For example, financial anxiety can contribute to employee stress, affecting productivity and potentially leading to sickness absence. This link between financial wellbeing and mental health has also been observed by mental health charity MIND. Also, poor mental health can make managing money harder and worrying about money can impact negatively on mental health.
The University offers a broad range of products and initiatives within its benefits programme, CAMbens. This programme and other financial incentives available to University staff offer provisions that can assist in improving financial, and thus overall, wellbeing.