Measuring employee financial wellbeing is crucial for organisations seeking to improve employee satisfaction, productivity, and overall well-being. Research from PIB’s 2024 Wellbeing Revolution Report shows that a staggering 50% of corporate employers don’t have the data to make informed decisions on future employee benefit strategies. Understanding employees’ financial situations provides valuable insights into their needs […]
The so-called ‘gig economy’ in the UK is huge: around 4.4 million people work for gig platforms at least once a week, some as their primary occupation. Gig work (sometimes called platform work) means short-term, one-off pieces of work (like a cab ride, food delivery, or furniture assembly) carried out by independent workers who are […]
In our first two blogs on the topic of the cost of living crisis (1,2), we’ve highlighted why this turbulent time might be difficult for your employees, and some practical steps you can take to support them. But short-term solutions might not be enough. With the possibility of a long-lasting crisis ahead of us, putting […]
The cost of living crisis has hardly been out of the headlines. And for good reason: rising prices for lots of essentials like food, fuel and energy, are forcing many people into financial stress. In our previous blog, we gave you three top tips for supporting your employees through this tough period. Now, we’d like […]
This post is by our Launchpad intern Heng Chew, from the University of Sheffield. In March 2022, the ONS announced that consumer price inflation has risen to its highest level in almost 30 years. With Brexit, Covid-19, Ukraine conflict, supply chain issues and other macroeconomic factors hitting the economy, the UK households are facing higher […]
Maji’s mission is to build a financially secure future for everyone. But there’s no ‘one size fits all’ solution; each person will have their own strengths and weaknesses when it comes to their finances, and they may be starting from a different point than their colleagues or neighbours. That makes it challenging for employers to […]
This article is by Heng Chew, our intern from Sheffield University. Just over two years ago, the World Health Organization declared the Covid-19 outbreak a pandemic. Now, the aftershocks of the pandemic continue to rock the global economy. The crisis forced governments, firms, workers, households and individuals to reflect on their working culture and resilience […]
Financial wellbeing is one of the hot topics for leaders. Not only are money worries a well-documented drain on employee productivity, happiness and health, but post-Covid, the situation is bound to get worse. Putting together a strategy can help you address this key subject and support your employees more fully. But where should you start? […]
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Maji is the trading style of Maji Financial Wellbeing Ltd, a company registered in England and Wales (Registration no. 11937232). Maji Financial Wellbeing Ltd is registered with the Financial Conduct Authority (Registration no 969225) as the PSD agent of Bud Financial Ltd (Registration no 793327).
