Workforce Financial Health – Impact Analysis: The Story Behind the Numbers
FairQuid’s Financial Wellbeing Scheme gives employees the chance to save and provides them with access to ethical credit through a current and future view of their creditworthiness instead of a backward looking score view.
Savings contributions and loan repayments are taken directly from wages, ensuring employees can relieve financial stress...
Catalogue Goods & Appliances – their cost to an Employer?
With interest and unnecessary adds-ons (e.g. insurance), goods purchased from catalogue websites can cost up to three-times as much as the same item on the high-street. And payday loans don’t make for better reading, with interest rates as high as 1,500%.
...How to start saving more in 2018: Credit Unions
Everyone likes to save money. We compare our providers before we insure our cars, we shop around for the best mortgages, and we even betray our local supermarket in the hunt for a better deal – all in the effort to save ourselves...
Are employee perks contributing to mental health issues?
Employers do their best to make employees’ jobs fulfilling and appropriately compensated for their time and efforts: a decent wage goes without saying, but employers will often offer additional benefits, such as memberships and discounts.
81% of...
Best Practice For Financial Wellbeing: Actionable Tools To Help Your Employees
It sounds cynical, but however much your employee loves their job, a big motivating factor in coming to work is the financial stability they get from it.
They exchange forty or so hours of their week for...
The Holiday Hangover
January: a financial wasteland month. All the fun and excitement of Christmas has worn off, and what we’re left with is the financial implications of the seasonal excess.
...Why Employee Financial Benchmarking Could Solve Productivity Problems
Far too many people, over 70 percent of us in the UK, have no meaningful savings. No rainy day fund or cushion to safeguard against the unexpected.
With interest rates on the rise, inflation still increasing, mounting consumer...
Bank of England Rate Rise: Will it Help Save More or Cost You?
In November 2017, the Bank of England announced that it was raising its base interest rate for the first time in a decade, from the record low 0.25% to 0.5%.
Will it help you save more?
The Bank of England Interest Rate Rise: What this Means For Your Staff?
The Bank of England announced that it was raising its base interest rate for the first time in a decade, from the record low 0.25% in August 2016 to November 2017’s 0.5%. How will the rising base rate affect your staff?
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