All Financial wellbeing articles – Page 72
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Article
EXCLUSIVE: 35% of organisations provide financial education to all employees
Just over a third (35%) of organisations provide financial education for all employees, a two percentage point drop year on year, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers, found that although it has decreased slightly, this figure is still much ...
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Supplier article
Recognition and wellbeing: Preparing for Christmas
A digital fireside chat with Nudge & Browne JacobsonAs this year finally draws to a close, it could be easy for us to ‘take our foot off the gas’ and coast towards Christmas. But, for some, we’re heading into a volatile time of year, and our employees are going to ...
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Case Studies
Ipsos Mori ensures employee wellbeing ranks high on the agenda
At Ipsos Mori, employees are at the centre of everything the organisation does, and it follows that any benefits that are introduced serve the purpose of meeting employees’ needs. This approach means the market research organisation has made a number of changes to its reward stategy in order to support ...
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Supplier article
How to plan a virtual team building event for remote employees
By Catrin Lewis, Head of Global Engagement and Internal Communications at Reward GatewayFlashback to 7th February 2020. It was the end of an action-packed week where every single Reward Gateway employee had come together at boom!Fest, our biggest internal all-hands employee event.This bi-annual event was a firm favourite among employees. ...
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Case Studies
City and Guilds Group prioritises employee financial education in challenging times
When the pandemic hit UK businesses, City and Guilds Group was quick to respond. The skills development organisation which offers qualifications and apprenticeships across a variety of sectors, employs just over 1,000 people in the UK.City and Guilds has taken advantage of the government’s furlough scheme, topping up people’s salaries ...
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Opinion
Vickie Graham: Workplace financial education is incredibly important during the pandemic
2020 has been a year where all aspects of our lives have been impacted. From a workplace standpoint, the global Covid-19 (Coronavirus) pandemic has impacted how we do business, how we interact with people, how we conduct meetings and events, how we engage and motivate our teams, and crucially how ...
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Analysis
How has the pandemic impacted employers' financial education strategies?
Need to know:Over half of UK employees worry about money at least once a week, and people’s mental health is suffering.The pandemic has heightened the financial stress people were already experiencing. Their priorities have shifted away from day-to-day financials and towards a need for emotionally-driven financial education.Although face-to-face support is ...
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Supplier article
What does employee wellbeing look like in 2021?
The start of the new year this time around will bring an extra layer of challenges for those responsible for deploying employee wellbeing programmes. Whilst employers know they have a legal responsibility for the health and safety of their workers, they are perhaps now more aware than ...
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Supplier article
A guide to budgeting for employee benefits
Many of us, businesses as well as individuals, are tightening the purse strings in response to the changing economic environment we now find ourselves in.As a result, providing an employee benefits package that will genuinely make a positive difference for your employees and help you meet your HR objectives is ...
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Supplier article
WEALTH at work listed as one of the ‘1000 companies to Inspire Britain’ 2020
WEALTH at work has once again been acknowledged as one of the 1000 Companies to Inspire Britain by the London Stock Exchange Group. The report recognises the UK’s fastest-growing and most dynamic small and medium sized businesses, highlighting the regional and sector diversity of the UK’s SMEs and the entrepreneurial ...
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Supplier article
3 Crucial Reflections for Financial Wellbeing
When considering financial wellbeing benefits, you must consider the effect that age can have on the suitability of the benefits offered - the financial worries an individual may have can be affected by financial targets and where they are in life.The three reflections reward managers should think about when providing ...
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Case Studies
Sir Robert McAlpine builds on its future-proofed reward strategy with a family focus
As a construction and civil engineering business with a history spanning over 150 years, family-friendly benefits may not be an obvious thing that springs to mind when considering Sir Robert McAlpine’s reward strategy. However, as a family-owned and run organisation, the employer recognises the importance of providing support and assistance ...
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Article
Keep up to date with the Spending Review 2020
Chancellor Rishi Sunak will deliver his Spending Review speech on Wednesday 25 November 2020.He is expected to provide information on further plans to stabilise the UK economy and help organisations deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.Stay tuned to the Employee Benefits website for all the latest ...
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Supplier article
Is your business ready for the world of work post-Covid?
We live in extraordinary times, with an unheard-of level of change being forced upon us all. In less than six months COVID-19 has redefined how we travel, shop, socialise and just as dramatically how we communicate and interact in the world of work.With 300 million virtual meetings a day now ...
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Supplier article
3 ways to improve retention with employee benefits
Building a happy, high-performing and strong team starts with employee retention. Investing time, effort and resources into building a working environment employees love is one of the keys to long-term success.Part of that is having employee benefits in place that resonate with your staff. It’s your company’s chance to offer ...
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Analysis
Employee Benefits – A Cost-Benefit Analysis
We are often asked at Xexec about how to justify and measure the costs of running a company-wide, national, or global employee benefits scheme. The answer we often give is that there are many ways to skin a cat! But the truth is, that each client we ...
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Supplier article
Busy Bees Benefits: How to Build a Financial Wellbeing Strategy
When considering employee welfare, financial wellbeing is an integral part of any wellbeing strategy. However, with many workplaces becoming increasingly multi-generational, it is important that you ensure your financial wellbeing strategy supports every individual within your business.Have an inclusive approach to your wellbeing strategy by:Researching your employee’s individual needsProviding financial ...
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Article
Capita gives 45,000 employees early access to pay
Professional services and business process outsourcing organisation Capita has introduced a personal finance app to support the financial wellbeing of its 45,000 employees.The organisation, which partnered with financial wellbeing app Level, will give employees the chance to access their pay early. In the coming weeks, UK employees at Capita will ...
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Supplier article
Busy Bees Benefits: Ensuring success as an SME
Before COVID-19, the statistics found that more than half of the year’s new SMEs would close within three years. Following the coronavirus pandemic, these statistics are likely to be even higher.So what is it that makes a business successful? It takes more than hard work and a little luck – ...
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Supplier article
How COVID-19 Will Change the Future of Work and Benefits
One of the keys to creating the right working environment is keeping up to date with the latest working trends and how the world of work is changing.Adaptability is more important than ever before, as is the need to understand what employees now want from their role and their working ...