Financial wellbeing strategies that inspire confidence within your people
For your people who may be struggling to manage their debt, their day-to-day finances, or even those planning for retirement in an ever-changing landscape, the stress and anxiety these events place on individuals can have an impact on their health and wellbeing. It’s these financial stresses that can start to have a potentially serious impact on your staff’s mental health and their performance at work, so it’s therefore in your best interest as an employer to help your workforce, however you can, to achieve financial stability.
Claire Gibson
Senior employee benefits consultant
Financial wellbeing is an issue for everyone, no matter how much they earn. Our proposition is built around strategies that are inclusive for everyone in your business.
The opportunity for your business
As an employer or HR team, you are uniquely positioned to deliver money guidance at the moments when your employees most need help. After all, you are often engaged with many of your peoples’ key life events, including starting work, changing jobs, becoming parents, and retiring. As such, you are well placed to offer structured guidance and timely signposting to the people you are there to support.
The value of providing financial guidance
Supporting the financial wellbeing of your people can help improve the overall wellness of your workforce, help people build financial resilience, and help them live the life they want. Ultimately, this is beyond demonstrating a duty of care; it can enhance your Employee Value Proposition (EVP) and business performance.
Strengthening your pension strategy to better support your workforce’s future
A four-part webinar series exploring the key elements of your pension strategy to help you deliver a better return on investment for your business and better retirement outcomes for your people
A five-step approach to financial wellbeing in the workplace
Our workplace financial wellbeing strategy will be designed with your employee benefits programme in mind, to provide a solution specific to a financial stress point. With a trusted solution, it will make it more likely your people will act to improve their financial wellbeing.
Should we highlight any areas where your employee benefits programme doesn’t offer a tangible solution or product, we’re able to review and propose several provider solutions that you may wish to consider.
Financial education sessions bespoke to the needs of your people
Financial wellbeing is a complex matter and covers a wide range of topics. We’ll use a careful blend of our financial wellbeing modules to design and deliver our educational sessions.
Managing day-to-day finances
Providing employees with a good overview of how to start reviewing their finances, how to manage them and building a financial plan.
Purchasing / investing in property
The purchasing of a property is likely to be a key concern for many of your employees, so these sessions explore how to save for a deposit and the process of purchasing a property.
Financial
protection
Helping your people, particularly those with dependants relying on them financially, to understand and explore the financial protection options available.
Saving for the future
There’s a growing responsibility for everyone to save for later life. Our workplace pension session explores everything from salary sacrifice to pension freedoms.
Investment and growth
These sessions explore the various types of saving and investment options available to individuals and the criteria that they need to consider when deciding on the right choices for them.
Complex financial topics
From wills and inheritance to pension allowances and tax, these sessions cover specialist areas which help your people understand these areas throughout their working lives.
Nudges
Our ‘Nudge’ communication tool within AllMyBenefits provides crucial reminders to your people at key moments in their lives where your benefits can support them.
- Help your people make more informed financial decisions
- Help your people understand the importance of their pension contribution, investment and retirement decisions
- Notify your people of potential tax issues on their pension before they arise
Financial 'MasterPlan'
Giving your people access to trusted advice
Request a chat with one of our financial wellbeing specialists
If you'd like to have a chat about your workplace financial wellbeing strategy and how NFP can support you, get in touch