The need to address workers’ financial wellbeing is growing with the looming recession and cost of living crisis affecting all of us.ย Oddbox, the UKโs food-waste-fighting fruit and veg box, has signed up toย Mintagoย to provide a financial wellbeing platform to its staff. Mintago is an FCA-regulated financial wellbeing company. It helps employees find all their […]
finances
Oddbox partners with Mintago to deliver financial wellbeing benefits to staff
Feeling overwhelmed by your finances? You’re not alone
A study of 2,000 adults found 43 per cent feel swamped by the choices they have to make about money. As a result, 53 per cent have avoided making certain decisions altogether as they couldnโt face it. But this head-in-the-sand approach left them feeling stressed (54 per cent), nervous (40 per cent), and upset 32 […]
Savers are set to miss out on millions, according to a new report by Atom bank
On average Brits saved ยฃ1,974 each in lockdown, equating to ยฃ75.5 billion across the UK,ย but at least half of this is reported to be sitting in a savings account, likely offering minimal returns. In total 73% of people have been using lockdown as an opportunity to save and just 8% have spent more than usual […]
Female employees have more health and wellbeing concerns than their male colleagues
GRiD, the industry body for the group risk sector, asked 1,165 UK employees about their health and wellbeing concerns, and found that female employees have more concerns than their male colleagues. The survey asked employees to consider six key areas of health and wellbeing and identify whether they were of personal concern to them. The […]
Top tips for getting your finances in check for the New Year
With the country in full swing in terms of the run-up to Christmas, Black Friday deals were the last chance to grab some bargains before the shops prepare for the holiday season. But is the shopping event of the year really worth it?ย Keith Harrison, content creator and writer for Jolly Good Loansย investigates.ย With Christmas just […]
Britainโs workforce reveal bad spending habits leaving them caught short until January payday
With another expensive Christmas period behind us, a new survey reveals the bad spending habits leaving Brits struggling to survive from an early December payday until their first wage of the new year. 10,000 people in the UK were asked by finance specialist Solution Loans which reckless spending behaviour they were guilty of โ and […]
Alleviating financial stress: Take control of your finances to get back on track at work
Getting into financial trouble affects individuals in different ways, with one in four saying it makes them perform poorly at work. Money plays such a big role in our lives, so itโs important to stay in control โ otherwise it can have a detrimental impact on health. Avivaโs recent Save Smarter survey revealed the UKโs […]
Darryl Samuels balances the books for PA Life Training Day
Finances used to be left to an entire department of people, but with budget cuts taking place at many smaller companies, PAs are often tasked with picking up these duties. To help those attending the next PA Life Training Day on 14 November at the Grange Tower Bridge Hotel, Darryl Samuels from Souters Training will […]
Only 5% of UK businesses are fully automated in their accounts payable processes
95% of organisations are still using paper and manual data entry in their finance function, with only 5% describing their accounts payable processes as โfully automatedโ, according to a new survey by business automation software provider V1. V1 surveyed senior finance and IT professionals across a range of industries to find out about their use […]
Lifetime ISA โcould be game changer for workplace savingsโ
The launch of the new Lifetime ISA could shift employer views on workplace savings schemes for younger workers, employee benefits consultancy Portus says. Under-40s can invest up to ยฃ4,000 a year tax-free in Lifetime ISAs from April 2017 to benefit from a 25% Government bonus on savings made before age 50 and take out the […]