All Financial wellbeing articles – Page 86
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Supplier articleThe ‘B’ Word
As the UK’s financial capability charity, we are passionate about engaging people with their finances, encouraging them to develop the skills, knowledge, attitudes and behaviours they need to manage their money well and improve their financial wellbeing as a result.One absolutely core part of that is in getting to grips ...
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Supplier articleYour support can make all the difference
Every day we aspire towards greater financial wellbeing for the UK, and engage with people of all ages and at all stages to see this coming about. However, we know there is much more that needs to be done and many more people in whose lives we can make a ...
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Supplier articleWhy financial wellbeing is more than just a buzzword
By Jonathan Watts-Lay, Director, WEALTH at work Financial wellbeing has become something of a buzzword in the workplace. In general it describes an individual’s perception of how financially healthy, happy and free from worry they are when thinking about their financial situation.The impact of poor financial wellbeing can be especially ...
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Supplier articleIs income protection important for young employees?
It’s easy to dismiss income protection as something people need later in life when age-related illnesses and conditions become more prevalent. But there is every reason why your staff in their 20s and 30s should value this benefit.Statistics show an increase in the number of people claiming for income protection ...
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OpinionKatherine Chapman: Living wage brings clear benefits to employees and employers
The Social Metrics Commission's Measuring poverty report, published in July 2019, found that 14 million people are now in poverty, with four million trapped in 'deep poverty', with incomes at least 50% below the official breadline. What is perhaps equally as shocking is that many of these people are in ...
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AnalysisHow can employers tackle in-work poverty?
Need to know:Identifying employees struggling with in-work poverty is difficult, but offering universal solutions can ensure that financial wellbeing initiatives benefit all those in need.Simple measures, such as exploring how to best manage overtime or introducing flexible working, can help staff improve their finances more effectively.A financial wellbeing strategy that ...
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Case StudiesB+A creates a supportive culture to address financial wellbeing
Establishing a supportive business culture in which staff feel able to openly discuss money can be the first step in helping employees avoid financial problems. This is a strategy used by creative management consultancy B+A when it comes to promoting financial wellness among its 20 employees.Andrew Missingham, chief executive officer ...
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OpinionKevin Hollinrake MP: Offering support to employees in financial hardship
A record 32.75 million people are now employed in the UK, and we have the lowest unemployment rate since 1974, according to figures from the Office for National Statistics (ONS) published in July 2019. Wage growth, which has been stubbornly subdued, is now an inflation-busting 3.6%.However, the persistent problem of ...
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ArticleEXCLUSIVE: University of Lincoln to discuss saving habits at Employee Benefits Live
EXCLUSIVE: Natasha McLaren (pictured), pensions and benefits manager at the University of Lincoln, will discuss how employers can encourage younger staff to develop and build savings habits at Employee Benefits Live 2019.Her session, titled ‘Engaging a new generation of workers’, will be delivered in conjunction with Emma Codd, global special ...
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ArticleBird's brainstorm: Perks pale when staff still fight for fair pay
At Employee Benefits, we spend much of our time considering the balance of importance between financial rewards, exciting perks, and the deeper culture of an organisation. The argument increasingly lands on the side of saying that, while pay is an important hygiene factor, it is not the be all and ...
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ArticleEXCLUSIVE: Only 10% do not currently offer mental wellbeing support to employees
EXCLUSIVE: Only 10% of respondents do not currently offer any form of mental wellbeing education or support, according to research by Employee Benefits.The Benefits research 2019, which surveyed 290 HR decision-makers and was published in May 2019, found that the number of organisations that do not offer mental wellbeing support ...
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Supplier articleReaching 200,000+ Young People With Financial Education
Since 2010, The Money Charity has reached over 200,000 young people with high-quality, financial education through our Money Workshops, and with another school year coming to a close, our ambition continues to be that this kind of effective education would become the norm, not the exception, for young people across ...
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Supplier articleWhat Will Life After Work Look Like For You?
Let’s face it, not many of us spend much time thinking about our later years, whether through not wanting to face it, or simply not having the time and energy to do so. Looking at the future, especially when it can seem so detached and remote, is a tough mental ...
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ArticleTwo-thirds of employers do not provide financial advice due to budget constraints
Almost two-thirds (64%) of employers do not provide financial advice for their employees because it is too expensive and they do not have the budget, according to independent research organisation Lightbulb.Its survey of 300 UK-based employers also found that that 50% have financial advice on their short-term agenda, with 42% ...
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ArticleGymshark sees 91% of staff log on to benefits platform since October 2016
As of July 2019, online fitness clothing and accessories retailer Gymshark has seen 91% of its 300 UK-based employees log on to its employee benefits platform since its launch.The Birmingham-based organisation partnered with Perkbox in October 2016 to launch the platform, aligning with Gymshark’s commitment to focus on employee wellbeing.The ...
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Supplier articleFully Funded Workshops for Charities
Whatever size they may be, every organisation wants to look after its staff, to help them where they can and ensure they are resourced, equipped, invested in and happy within their work-life. But for many charities, community groups and voluntary organisations, the cost implications of these extra commitments can simply ...
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Supplier articleThe role of financial education in helping INEOS’ employees face the challenges at-retirement
In recognition of the many complex financial decisions that employees face at-retirement, INEOS - one of the world's largest chemical producers, recently rolled out a financial education programme for employees approaching retirement, with the help of specialist workplace financial education and guidance provider, WEALTH at work.Daniel Moore, Group Pensions Manager, ...
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ArticleEXCLUSIVE: Secret Escapes sees 26% of UK staff engage with financial coaching
EXCLUSIVE: Luxury travel organisation Secret Escapes has seen 26% of its 350 UK-based staff engage with financial coaching since the benefit was implemented in June 2018.The financial planning and coaching benefit, provided by Hatch, was introduced for UK employees in June 2018; it enables staff to attend face-to-face, on-site coaching ...
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Supplier articleHow To Be A Savvy Consumer
Today’s consumer is offered a dizzying range of options and services. We all increasingly have access to a worldwide marketplace with unprecedented levels of choice, not just in terms of what we can spend our hard-earned cash on, but in when we choose to buy it and even in how ...
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Supplier articleEverything You Always Wanted To Know About Financial Wellbeing* *(But Were Afraid To Ask…)
Whatever life we have, whatever circumstances we face, and ultimately whether we like it or not, money plays a crucial role in our lives and a lack of confidence, with accompanying feelings of stress or anxiety, can have a significant impact on our mental and physical health and wellbeing.17% of ...