Ricoh UK sees 1,000 requests for follow-on financial education workshops since scheme launch

Rick Hewitt Ricoh

Ricoh UK has seen its employees request some 1,000 financial education follow-on workshops since the launch of its financial awareness programme.

The global technology organisation introduced Make Your Money Count financial awareness presentations, provided by Secondsight, for its 2,500 UK-based employees at the end of 2015.

Thus far, around a quarter of employees have taken part in the financial education and wellbeing programme, which is designed to empower staff to be proactive with their money.

In addition to group sessions, since January 2016, staff have also been able to access the presentations via WebEx.

Employees can then decide whether to attend a more detailed workshop on a specific area of financial wellbeing, such as cash flow forecasting or estate planning.

There are also workshops tailored for younger employees, with sessions on how to manage money after university and how to buy a first home.

If employees want further financial advice, they are referred to a concierge service, provided by Foster Denovo, for more personalised support.

Rick Hewitt (pictured), finance director and board member at Ricoh, said: “Employee wellbeing is an important part of our HR strategy; we have a strong people culture. When we first learnt about workplace financial education, we immediately saw the benefits it could bring as part of our wellbeing programme.

“We want to continue being an employer of choice, and introducing programmes like this helps to meet our learning and continual development commitment to our employees.

“The programme is very much in its initial stages; but employees are genuinely thanking us for implementing this initiative. At the end of the day, we want elements of the programme to have a long-term impact, and for employees to reap the benefits.”