Barratt Health & Wellbeing Month: Week 4 Financial health and wellbeing is something that impacts us all. We know how much of an impact personal finances can have on our wellbeing and we know many are concerned about the rising cost of living. This week we look at some resources and tips for staying on top of your money, taking action to cope with these rising costs and supporting you in achieving and maintaining a positive financial wellbeing. In recognition of the unprecedented increase in the cost of living, colleagues are receiving a salary supplement paid between July and December 2022.
Salary Finance Our financial wellbeing provider, Salary Finance, aims to support colleagues with their money by providing access to savings accounts and money insights, to help you take control of your money. They also provide information on the government-backed Help to Save scheme, where anyone receiving Working Tax Credit, Universal Credit or Child Tax Credit could earn bonus payments on their savings. To find out more visit: https://barrattdevelopments.salaryfinance.com/savings/home. You can also access lots more on cost of living, planning, budgeting and more on financial wellbeing via Salary Finance ‘LEARN’, where you will find newsletters, blogs, videos, guides and calculators to help support you.
Employee loans We also have an employee loans policy, which includes a welfare loan for anyone who is experiencing financial difficulty as a result of unexpected expenditure, details of which can be found on Docushare.
Money Talks Hub from Close Brothers Our partner Close Brothers, provide financial education and can help you get a better grasp of your finances by providing information, tips and calculators as well as live webinars around many parts of financial health such as debt management, mortgages, tax and much more. For more on the Close Brothers ‘Money Talks Hub’ visit https://www.moneytalksatclose.com/barratt/hub. We know that the cost of living in the UK is increasing, with more and more people are feeling the pinch. This is a challenging time, but there are things that can be done which could help you, your family and friends, to better manage your finances during this time. For more information and tips on budgeting, reviewing costs and outgoings, managing debt, state entitlements e.g. council tax rebates and cost of living support packages then join the Close Brothers ‘Managing the cost of living rises’ webinar on Friday 18 November at 12:30pm-1:15pm. Click here to register. For information, tools and links on many areas of health and wellbeing please click here to visit our My Barratt Benefits website. For any queries or suggestions, please contact handw@barrattplc.co.uk.