Digital and technology recruiter Futureheads provides employees with a range of benefits and guidance to help them through any financial pressures.
Prior to the cost-of-living crisis, the London-based living wage employer already offered its 30 employees financial-related benefits such as a health cash plan, a season ticket travel loan, a technology scheme to help spread the cost of larger purchases, a bikes-for-work scheme, lunch or vouchers on employees’ work anniversaries, an individual quarterly wellbeing budget, the option to buy or sell annual leave and enhanced parental leave policies.
As prices soared last year, it decided to increase the financial wellbeing support it offer and introduced membership to AI money-saving tool Nous for all of its employees. The automated service finds cheaper deals and providers, and manages bills, helping Futureheads’ employees to save on their household contracts and outgoings.
Rohan Maheswaran, co-managing director of Futureheads, explains that senior leadership knew the team was being hit by soaring prices and rising bills due to the ongoing cost-of-living crisis, and wanted to support them to save money and get more out of their pay.
“As an organisation, we’re serious about offering impactful benefits to our staff,” he says. “Helping our people save money on their bills with Nous at a time when things are so expensive has understandably gone down well. Helping them deal with the problem of rising bills means our team knows we care about issues affecting their daily lives, this helps make them feel valued as people. Plus, satisfied and happy employees tend to perform better, so it’s been a win in that respect too.”
The organisation helps employees to manage financial pressures that emerge by constantly reviewing the support on offer for its employees, so it can tailor it to the issues they are facing in the current climate. It does this because transparency and openness are key pillars of its culture.
“Futureheads is on a mission to be a responsible employer and a force for good. If people are worried about a financial issue like stealth taxes, we want them to feel comfortable raising that with their manager so we can tailor support and advice to their needs,” Maheswaran concludes.