Global commercial real estate firm Avison Young has introduced a financial wellbeing platform for its 1,500 employees in the UK and Ireland.
The platform, which is provided by Bippit, gives Avison Young’s employees access to professional coaches with Financial Conduct Authority (FCA)-recognised qualifications for one-to-one financial coaching, targeted learning resources, and monthly webinars and interactive workshops on subjects such as pensions, protection and budgeting.
It also offers personalised money management plans that include help with tracking goals, analysing spending and participating in finance-related challenges.
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The organisation implemented the scheme in order to ensure its benefits reach every employee, especially those that need support the most. It also hopes to empower staff to improve and nurture their relationship with money.
Pav Powar, reward and employee benefits consultant at Avison Young, said: “We understand why taking care of our employees is so important. Following a review of our benefits offering, we chose Bippit as our preferred financial wellbeing provider so that our employees could, at any time they need it, access the knowledge and experience of a team of professional, FCA-recognised financial coaches.
“We have had a financial wellbeing communications platform in place for some time, but were looking to take our investment to the next level and increase the maturity of our offer. Using Bippit we can provide personalised financial guidance to our employees to enable far greater engagement, by ensuring all our staff have access to insights to help them thrive financially, now and in the future.”
Avison Young also offers its employees private medical insurance with the option to add cover for family, a Taste Card that provides restaurants discounts, discounted cinema tickets, days out and hotels, group income protection, dental insurance, critical illness insurance, eyecare vouchers, an employee assistance programme, mental health first aiders, and a voluntary benefits scheme.