Teaser Clip of our Interview with MaPS
Many employees are having hard times and the impact that money worries are having upon employee mental & physical health is a serious concern.
For the same underlying reasons that are causing these financial concerns among individuals; businesses are also having to be especially prudent with their own finances to ensure they can continue to thrive, retain staff and weather the current storm that many sectors find themselves within.
So if money is tight all round, and in the absence of simply being able to give everyone a ‘pay rise’, what can be done?
We’re delighted to have teamed up with the Money & Pensions Service, (MaPS) to bring to the BusinessTV community a range of free tools from MaPS and Moneyhelper that employers can use to offer their staff Government backed financial guidance and support.
In this Interview Marc Harris chats with Monica Kaur from the Money & Pensions Service about the impact that money worries are having on Employee Wellbeing. Monica discusses the vital role that employers can play in helping their employees gain access to the many valuable, practical and free tools and services available from MoneyHelper that can assist employees take charge of their finances to develop a more robust personal financial situation.
Teaser Clip of our Interview with MaPS
Monica Kaur
Partnership Manager – London
Monica is passionate about helping people to enhance their financial skills and make the most of their money. Her role is to work closely with organisations from the private, public and voluntary/third sectors to support their wellbeing strategies by accessing MaPS’s free resources, removing the stigma attached to talking about money and providing impartial advice and guidance.
About the Money and Pensions Service
Our vision is “Everyone making the most of their money and pensions.”
We offer free, impartial help and guidance on money and pensions via www.moneyhelper.org.uk and 0800 138 7777.
The service includes a range of free tools, plus the opportunity to speak to an expert via WhatsApp, phone, email or live chat.
We also co-ordinate the UK Strategy for Financial Wellbeing, working with partners and stakeholders to help everyone find their way forward and build a better financial future.
We are an arms-length body, sponsored by the Department for Work and Pensions and funded by levies on both the financial services industry and pension schemes.
For more information, visit our website or annual corporate plan and strategy.
How MaPS can help your organisation
A dedicated partnership manager based in your location, with managers in Northern Ireland, Scotland and Wales and regions across England.
Bespoke support to help you build and implement your financial wellbeing strategy.
A selection of guides available in English and Welsh, and in print, braille or audio format, for free.
A help with the cost of living hub featuring articles, tools, calculators and a printable guide to support your colleagues and customers.
Our annual Talk Money Week awareness campaign, which provides a platform for conversations about money in all walks of life.
MoneyHelper offers a bi-lingual service via a variety of channels, with tools and helplines in English and Welsh
Guidance on life events, such as a section on losing your job or about divorce and how this affects pensions
Help employees plan for later life with a section dedicated to pensions and retirement guidance
Various tools and calculators offer personalised guidance for topics including debt advice.
See below just some of the Tools and Calculators available from Money Helper.
For a complete list of Tools and Calculators CLICK HERE or visit moneyhelper.org.uk/en/tools-and-calculators
