Steve Watson of Cushon on how workplace savings can help employees in the short and long term
He discussed how financial worries not only negatively impact home life but also have a huge effect on productivity. He added that by helping employees manage their finances, organisations will reduce sick days, presenteeism and ultimately improve the bottom line.
Watson said that Covid-19 has opened employees' eyes to how important it is to be saving, whether they have been furloughed or not, and the majority of employees want to see their employer to set up workplace savings. He added that many employees are keen to put some of their pension contributions into a workplace saving scheme so that they remain more accessible.
Supplied by REBA Associate Member, NatWest Cushon
NatWest Cushon is a workplace pensions and savings provider with an award-winning proposition.
