Signpost employee benefits to offset living costs: WorkLife

Five ways to improve employee financial wellbeing

Hemma Visavadia
clock • 2 min read

Firms must adapt rewards and benefits offerings in order to help employees to improve their financial wellbeing, according to Rob Marshall, head of product and proposition at WorkLife by OpenMoney.

Marshall explained that it is "essential" that bosses are signposting employees to all available support, as well as considering additional resources which may be required. "Those being asked to return to the office will soon find themselves having to fund additional expenses such as train tickets and meal deals once again, presenting yet another strain on their personal finances," he said. Against this backdrop, Marshall suggested five ways firms can help employees offset rising living costs in an efficient manner. He stated that salary sacrifice schemes such as cycle to work, ele...

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