All Financial wellbeing articles – Page 79
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AnalysisHow financial education can help employees make sense of their benefits
Need to knowFinancial education that helps employees understand topics like money management, debt consolidation and savings will be most effective when accompanied by relevant products for them to subsequently use.Pensions are a primary subject for many employers, but more immediate concerns should be taken into account to get staff to ...
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Case StudiesAMV uses financial advice to boost pensions understanding and financial wellbeing
In 2007, Advertising agency Abbott Mead Vickers BBDO (AMV) started working closely with benefits broker Connor Broadley to offer education around pensions and other financial matters, using staff surveys to discover what topics employees would be interested in learning about.Since then, employees have been able to book appointments with representatives ...
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OpinionAnnamaria Lusardi: How employers can help improve financial literacy
Employees face a multitude of personal financial decisions, not only about saving for retirement, but also investing in education or an advanced degree, managing day-to-day expenses, buying a home and handling debt. Today, this decision-making unfolds within financial markets that are far more complex than in the past, including with ...
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ArticleContinuum Attractions trains mental health first aiders ahead of wellbeing month
Visitor attraction organisation Continuum Attractions has trained 16 mental health first aiders as part of its new mental health awareness strategy.The mental health awareness strategy, which launched this month (October 2019), aims to incentivise Continuum Attractions’ 450 employees to be aware of their own and each other’s mental health. This ...
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Supplier articleFinancial wellbeing & pre-emptive education
Gethin Nadin, Director of Employee WellbeingA 2019 report by StepChange called ‘Life Happens’ found that a significant life change, (like separation from a partner, falling ill or becoming a carer) most heavily affects those at highest risk of debt. Typically, we’re talking about parents, renters and low-earners. Almost half (45%) ...
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Supplier articleWhy is financial wellbeing so important?
Money matters affect us all at some point during our lifetime. They can become all-encompassing and change the way we live our lives at home and at work.What factors impact financial wellbeing?Have you ever considered how money concerns affect your employees and their productivity in your workplace?Employers are in a ...
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Supplier articleIf Only There Were a Manual for Money…
If you’ve ever been into a book shop, you’re bound to have seen one of those ‘For Dummies’ books, which are designed to take something complicated or confusing and break it down into manageable, understandable and achievable chunks. Wouldn’t it be great if there were one of those, but which ...
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ArticleEXCLUSIVE: Royal Bank of Scotland and SAP approach wellbeing holistically
Employee Benefits Live 2019: Financial institution Royal Bank of Scotland (RBS) and software business SAP UK and Ireland shared insights surrounding their respective wellbeing strategies at Employee Benefits Live 2019.In a session titled ‘Fostering a culture to support health and become and employer of choice’, delivered on Wednesday 2 October ...
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ArticleEXCLUSIVE: LinkedIn uses organisational culture as driver for engagement
Employee Benefits Live 2019: Professional social media organisation LinkedIn has adopted a people-first approach to its employee experience, business operations and organisational culture, using this as its key driver for talent attraction, retention and motivation.Closing the conference agenda on Wednesday 2 October at Employee Benefits Live 2019, Katherine Gilbert, senior ...
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ArticleEXCLUSIVE: London City Airport creates diverse financial wellbeing programme
Employee Benefits Live 2019: London City Airport has created a programme that address many aspects of employees' financial wellbeing.Addressing delegates at Employee Benefits Live 2019 at ExCel London, Michael Spiers, chief people officer at London City Airport, explained that the programme was introduced in recognition that employees required support around ...
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ArticleEXCLUSIVE: Virgin Atlantic reinvigorates benefits package for 10,000 employees
Employee Benefits Live 2019: International airline Virgin Atlantic has reinvigorated its wellbeing approach and employee benefits package to better reflect and accommodate its growing workforce.Josie Lazenby, senior manager, wellbeing and benefits at Virgin Atlantic, discussed the benefits refreshment journey during the conference programme at Employee Benefits Live 2019 on Tuesday ...
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ArticleEXCLUSIVE: The Poppy Factory uses organisational values to embed wellbeing
Employee Benefits Live 2019: Veterans charity The Poppy Factory has used its organisational values to help implement a four-pronged wellbeing strategy.Speaking on day one of Employee Benefits Live 2019, Charlotte Dymock, HR business partner at The Poppy Factory, explained how staff wellbeing is not simply about free fruit and yoga ...
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Supplier articleWhere there’s a Will, There’s a Workshop
Over half (60%) of the people in the UK don’t have a Will (1), which is often the cause of serious financial complications for their family and loved ones if they die.Dying without a Will is called ‘intestacy’ or ‘dying intestate’. If you’re not married or in a civil ...
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Supplier articleA Day in the Life of Financial Education
I work for The Money Charity as a Freelance Financial Education Consultant in Gloucestershire. Having retired from full time employment in 2018, I wanted to continue working part-time to compliment my monthly pension, which I started to receive from age 55. Having contributed to my employer’s pension scheme from the ...
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Supplier articleHow do you measure the success of employee benefits packages?
It’s important for any business to measure the outcomes of the employee benefits packages that it has in place. As a business, if you don’t measure the results of your employee benefits programmes, then it is difficult to formulate a clear strategy for such programmes. You need to know that ...
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ArticleLabour pledges 32-hour week, end of zero hours and to tackle menopause stigma
During the 2019 Labour Party Conference, which took place from Saturday 21 to Wednesday 25 September, shadow chancellor of the exchequer John McDonnell MP (pictured) committed the party to start work implementing a 32-hour average working week, with no reductions to pay, during its next term in government.The move to ...
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Supplier articleHelping Employees Get to Grips With Money
No matter what job you have, keeping on top of all the financials involved can be challenging. There is a lot to get to grips with, from understanding how to read your payslip and checking you are on the right tax code, to being aware of the full range of ...
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ArticleTake part in exclusive pensions research to benchmark strategy and map trends
What primary and secondary pension schemes are employers offering to staff? Are employees saving enough to be comfortable in retirement? How recently have organisations conducted pensions communications exercises? What are businesses doing to tackle the gender pension gap?Employee Benefits readers can now have their say by participating in this year's ...
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ArticleThe Village Vintner launches fundraiser to aid employee's financial wellbeing
Something for the weekend: Winery and brewery The Village Vintner has announced it will be running a fundraiser to support a valued employee and her family.The Illinois-based beverage business discovered that its assistant manager's financial and overall wellbeing was suffering due to emergency medical issues experienced by her husband. In ...
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AnalysisHow to create a savings culture in the workplace
Need to know:Offering money management tools, and even numeracy workshops, can help employees get out of debt and build up to saving.Financial wellbeing strategies should address all employee needs, from everyday costs to long-term investments, as well as being part of a holistic approach to wellness.Without a strong foundation of ...