If you’ve spent any time on the Maji blog, you’ll already know that a salary sacrifice pension arrangement is a great way to save money for your company and employees. But did you know there are other types of salary sacrifice scheme you can set up to gain even more benefits? In this article, we’ll […]
Category: Wellbeing for employers
Financial Wellbeing Can Massively Improve People’s Lives
Interview with Richard Stovell, Maji’s Head of Financial Wellbeing Richard Stovell, Maji’s Head of Financial Wellbeing, is an employee benefits veteran with 25 years of experience under his belt. So, when we got the chance to interview him about the importance of financial wellbeing for employees, we couldn’t pass it up! Rich’s career started in […]
The link between diversity, inclusion and financial wellbeing
Financial worries are now the leading cause of workplace stress, a situation set to get worse as the cost of living crisis continues its stranglehold on UK employees. The crisis is affecting us all, but it’s not affecting us equally. The United Kingdom has some of the highest levels of inequality in Europe, according to […]
Why gig workers need financial wellbeing support too
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 […]
Tackling the cost of living crisis for employees with a strong financial wellbeing strategy
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 […]
How can your benefits package support your employees through the cost of living crisis?
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 […]
5 practical steps to building a corporate-wide financial wellbeing strategy
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 […]
Financial wellbeing: where do employees need more support?
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 […]
Nurturing financial wellbeing in a post-pandemic world
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 […]
Three ways to support employees through the cost of living crisis
The cost of living crisis is becoming hard to ignore. We’re facing higher energy bills, higher food costs, and rising inflation, all of which can pose serious risks to our financial, physical and emotional wellbeing. All of this can have a major impact on performance at work, making it a potential problem for employers. But […]