DECEMBER 2020HR TECH OUTLOOK6What is the distinguishing factor that adds a shine to any organisation's glory? It's neither the profit margins nor the capital invested, but employees. Employees are the most critical asset of any company, and to nurture them well, is a prime concern. And breaking the old-school practices of providing a motivating work culture, yearly/monthly perks, holidays in prime locations, and others to drive employee productivity, today's HR managers are keen on improving their workforce's financial well-being. To ensure employee satisfaction, present-day organisations are increasingly investing in robust financial wellness programs and will continue to do so in the upcoming days. Whether it is through intuitive applications and software wherein employees can get a comprehensive view of their monetary situation or advanced digital courses that educate employees to meet their objectives, organisations will leave no stone unturned in bolstering the financial well-being of their "human asset." The future organisations will further augment their efforts and resort to analytics-backed financial wellness platforms that employ robust algorithms to determine an employee's economic progress while pinpointing the areas where they might need assistance. By leveraging data analytics capabilities, many of these solutions will offer a simplified guide toward goal planning, budgeting, debt management, and financial literacy, all aimed at securing the employees' financial future.When all things are considered, there is no doubt that the financial wellness space is on the fast track of evolution. Standing at the cusp of financial wellness technology, there are a wide range of consulting/services companies which offer the latest methods best suited for the next generation of financial wellness needs. To help clients steer through the best-of-breed companies, HR Tech Outlook has compiled a list of Top 10 Financial Wellness Consulting/Services Companies in UK ­ 2020. These organisations are transforming the financial wellness landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the HR sector on the latest industry trends, best practices, recent innovations, and highlights their expertise.Let us know your thoughts!Data Analytics to Boost Financial WellnessHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKDecember - 24 - 2020, Volume 06, Issue 38 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com James D Phillips
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