All Financial wellbeing articles – Page 99
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OpinionJo Thresher: Tackle common money issues to support employees’ short- and long-term finances
The fact that there is not a job for life anymore means an inability to plan the very long term, which means employers now need to help employees think differently. A lack of financial awareness coupled with a more changeable work life means a significant impact on an employee’s short-, ...
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Analysis
Infographic: Employee borrowing versus employer perceptions
An infographic looking at where employees are borrowing and employers' perceptions of employee borrowing. (Source: Neyber’s The DNA of financial wellbeing 2017 report, published in May 2017).!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogr.am/js/dist/embed-loader-min.js");
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AnalysisWhat impact do financial pressures have on employees' physical and mental health?
Need to know:Employees will have varying financial concerns depending on their life stage and personal circumstances.Financial pressures could lead to an increase in presenteeism; staff may feel unable to take time off, yet financial worries can prevent them from concentrating while at work.Creating a supportive workplace environment is vital for ...
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ArticleDebbie Lovewell-Tuck: Welcome to Financial Wellness Week
Welcome to Employee Benefits’ Financial Wellness Week in association with Neyber.The importance of financial wellness on the corporate agenda was cemented last week with the appointment of Guy Opperman as parliamentary under-secretary for pensions and financial inclusion at the Department for Work and Pensions (DWP). This position replaces that of ...
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Case StudiesLondon City Airport offers benefits to increase employees’ financial confidence
London City Airport implemented a suite of financial wellbeing benefits to broaden its approach to employee health and wellbeing, and support staff who are struggling with their finances.An internal research project, delivered in conjunction with Barclays in 2014, used focus group interviews and an engagement survey to find that 22% ...
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OpinionMonica Kalia: Overcoming the workplace disconnect on financial wellness
Nearly one in four employees think their employer does not care about their financial wellness. Yet three-quarters of employers believe that they do. Over half (56%) of employers think that they help their employees with their ability to manage money, but 39% of employees say that their workplace offers poor ...
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OpinionCatherine Rickard: How can employers support financially stressed employees?
A culture of ‘spend today, rather than save for tomorrow’ is affecting many employees’ wellbeing and productivity. Institute for Employment Studies (IES) and Chartered Institute of Personnel and Development (CIPD) research, the Employee financial wellbeing report, published in January 2017, confirmed this by showing that one in four employees report ...
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OpinionPolly Mackenzie: Addressing money worries at work
Imagine trying to concentrate at work when you know the bailiffs might be round at your house while you are out, and that when you check your phone at the end of the shift there will be 20 missed calls from debt collectors. I know I could not focus on ...
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ArticleDo not miss Financial Wellness Week 2017
Employee Benefits will host Financial Wellness Week, in association with Neyber, on Monday 19 June to Friday 23 June 2017, which will feature exclusive insights into how best to support the financial health of employees.New in-depth analysis, best practice case studies, and expert opinion on the latest trends in workplace ...
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Supplier article
Why financial education is necessary for your share scheme maturities
Since 2015 JLL, in partnership with WEALTH at work, rolled out a voluntary programme of financial education for its employees to help them with their maturing share schemes.The financial education programme was designed specifically to help its employees understand their share scheme maturity options, the potential tax implications of these ...
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Supplier article
How planning for retirement can be a birthday present employees won’t forget
Thomson Reuters recognises there is a need to help employees plan for retirement and has partnered with WEALTH at work to deliver financial education programmes to its workforce.The programmes have included educating employees on their glide path options to help them make the right decisions as they approach retirement. More ...
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ArticleWatch Employee Benefits Wired: Supporting financial wellbeing on demand
Employee Benefits Wired: Supporting financial wellbeing is now available to watch on demand. The 30-minute panel discussion can be viewed online anytime on the Employee Benefits video channel. The live panel debate took place on Thursday 25 May 2017 in association with Neyber. The panel included Debbie ...
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ArticleEXCLUSIVE: Atomic Weapons Establishment launches online financial education programme
EXCLUSIVE: National defence organisation the Atomic Weapons Establishment (AWE) has launched an online financial education programme for its 4,900 UK-based staff.The financial education programme, delivered by Nudge, launched on 12 May 2017 for all employees who work across AWE’s five UK sites.The programme was implemented to help attract and retain ...
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ArticleEXCLUSIVE: 39% believe their employer cares about their financial wellbeing
EXCLUSIVE: More than one third (39%) of employee respondents feel their employer cares about their financial wellbeing, according to research by Neyber.Its The DNA of financial wellbeing 2017 report, which surveyed 10,004 employees and 516 HR directors, also found that 75% of employer respondents believe their employees feel as though ...
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ArticleDo not miss Employee Benefits Wired: Supporting financial wellbeing
Employee Benefits Wired: Supporting financial wellbeing, presented in association with Neyber, will be broadcast live at 11am on Thursday 25 May 2017.The expert panel discussion can be viewed for free on the Employee Benefits video channel.The online debate will provide insights on the key factors that influence employees’ financial wellbeing, ...
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OpinionDavid Haigh: Low-cost financial education interventions can deliver a high return on investment
The Chartered Institute of Personnel and Development (CIPD) reported in its January 2017 Financial wellbeing: the employee view research with Close Brothers Asset Management, that money worries have affected the ability of one in four employees to do their job. It found that people at all wage levels can be ...
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AnalysisHow can employers measure a return on investment for financial education?
Need to know:Employers should first assess the current level of financial awareness among their employees.A return on investment (ROI) for a financial education programme can be partially measured via hard data such as benefits take-up figures or increased log-ins to a pension portal.Integrating education with financial products and services available ...
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Case StudiesDirect Wines uses annual engagement survey to gauge value of financial education
Drinks organisation Direct Wines implemented a digital financial education programme for its 630 UK employees as part of its overall HR strategy. The online offering, provided by Nudge, is designed to support the attraction and retention of employees, align with learning and development opportunities, and reduce financial stress as part ...
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Supplier article
Workplace savings not just about pensions
By Jonathan Watts-Lay, director, WEALTH at work, a leading provider of financial education, guidance and advice in the workplaceThe new Lifetime ISA (LISA) has been launched this month for individuals under the age of 40, to be used for buying a first home or for retirement. The LISA has had ...
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Supplier article
How financial education improved BT employees’ financial wellbeing
Since 2012 BT, in partnership with WEALTH at work, a leading provider of financial education, guidance and advice in the workplace, rolled out a voluntary programme of financial education for its employees to help them plan ahead for retirement.Since the introduction of the programme, BT has conducted research among its ...