Neyber's Kalia: It's time to give credit to working people

clock • 4 min read

Employees should have the right to cut credit costs and reduce burdens of punitive interest rates, says Monica Kalia, chief strategy officer of Neyber.

There are more people in work than ever before, we're growing faster than other G20 economies and rated as the fifth largest economy in the world - great achievements that we should all be proud of. However all is not so positive for employees, whether they are in the private or public sectors. The fact is that eight years after the financial crisis, pay levels are still flatlining and people are feeling the pinch that began with a credit crunch and turned into a full-blown recession. For working people, this has led a free market favouring Conservative government to introduce a new N...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Long-term finances impact productivity: PIB Employee Benefits

Long-term finances impact productivity: PIB Employee Benefits

71% of employees want more control over benefits

Cameron Roberts
clock 31 October 2025 • 1 min read
Older workers in demand: Barnett Waddingham

Older workers in demand: Barnett Waddingham

31% of UK employers hiring older workers

Cameron Roberts
clock 30 October 2025 • 1 min read
Employers overestimate impact of employee benefits: GRiD

Employers overestimate impact of employee benefits: GRiD

Employees struggling to see the value

Cameron Roberts
clock 23 October 2025 • 2 min read