Money Boost. The new breed of employee benefit. What is Money Boost?

Transcription

1 5 extra is rewarded to employees to spend across major brands nationwide on both the high street and online, when they use their Money Boost Visa Card. What is Money Boost? Money Boost is a new breed of voluntary benefit that helps to relieve the common financial problems faced by employees. In practice, it s a simple online money management tool that helps employees to set financial goals based on what is important to them. The result for you is greater employee engagement, retention, wellbeing and productivity of employers agree; helping employees manage their finances will contribute to reducing employee stress levels. That s why we ve set out to create a refreshing new voluntary benefit with broad appeal among employees, regardless of gender, income or age. EMPLOYEE BENEFITS Contact Us To find out more about how our employee benefits services can help you motivate your people every day: Tel: marketing.br.uk@sodexo.com or visit Money Boost. The new breed of employee benefit

2 Did you know that half about their finances? 1/4 of employees do not have enough money set aside to deal with basic household emergencies. 1 5 in employees say their financial situation causes them stress and impacts on their work productivity why are employees worried? 82 of employers agreed that a simple money management tool would offer a clear incentive for employees who are struggling to put money aside, with more than one quarter (28) agreeing strongly Agree strongly Agree Slightly Disagree slightly Disagree strongly Don t know Money Boost is easy for both you and your employees to use How Money Boost works for your employees 82.5 of employers agree that helping employees manage their finances will contribute to reducing employee stress levels. Simple to use The economy might be picking up after the downturn in 2008, but households real wages have been falling and one in five don t even have enough set aside to deal with basic domestic emergencies. Our research shows that money is a real cause of concern for more than half of your workforce. Money Boost has been designed to be as simple as possible for your payroll department to use, from setting up your scheme to inviting your employees. If you still need a helping hand, you can speak to your dedicated account manager or there is extra support online. 22 of UK employees said that their financial situation not only causes them stress, but also impacts negatively on their work productivity. For your employees it s easy; they simply receive a 5 boost every time they spend on a Money Boost Card. Employees can also choose to withdraw their money in full from their e-money account at any time. In a world where the rising cost of living can affect productivity, it s no wonder that so many employers are looking for a way to help their employees to manage their money efficiently and enhance the overall performance of their organisation. It s time for a new voluntary benefit that gives your employees a chance to ease the strain and reduce financial stress so they can perform better in the workplace. 1. Employees set a goal 2. Money is taken from payroll A simple online calculator determines the total goal amount by the monthly salary deduction and plan length. A regular amount is deducted from your payroll, making it easy for employees to achieve their goals. A good way to discipline yourself Set your own goals and targets and each month watch the goal getting closer (Employee, F, 55-64, Midlands, C2) 37 of employees with no savings, blame this on misfortune or a lack of discipline 37 4 out of 5 companies agree that helping employees manage their finances will help to reduce employee stress levels 5ex tra 4 out of 5 companies 78.5 of employers with 250+ staff want to make Money Boost available to their employees Sit back and watch it grow 4. Employees earn a 5 reward Employees can sit back and watch their money grow every month until their goal becomes a reality. Employees are rewarded with an extra 5 to spend at thousands of locations if they spend their money using the Money Boost card. How it fits with other benefits? Money Boost complements other employee benefits such as discount shopping, and doesn t affect any of the benefits you have in place. Money Boost will fit straight into your benefit plan and show employees that you re a supportive organisation which finds positive new ways to help them enjoy life. 51 about their finances. Independent Quantitative Survey for Sodexo (2013) Why Sodexo? Sodexo Benefits and Rewards Services is part of the Sodexo group. We are an established rewards and benefits provider in 34 different countries and have 410,000 corporate and SME clients worldwide. At Sodexo we strive to improve the quality of life of all those we work with. One way we do this is by providing the best possible service. A dedicated account manager will work with you during your Money Boost scheme set up and your employees will be able to contact our customer care team with any queries they may have.

3 5 extra is rewarded to employees to spend across major brands nationwide on both the high street and online, when they use their Money Boost Visa Card. What is Money Boost? Money Boost is a new breed of voluntary benefit that helps to relieve the common financial problems faced by employees. In practice, it s a simple online money management tool that helps employees to set financial goals based on what is important to them. The result for you is greater employee engagement, retention, wellbeing and productivity of employers agree; helping employees manage their finances will contribute to reducing employee stress levels. That s why we ve set out to create a refreshing new voluntary benefit with broad appeal among employees, regardless of gender, income or age. EMPLOYEE BENEFITS Contact Us To find out more about how our employee benefits services can help you motivate your people every day: Tel: marketing.br.uk@sodexo.com or visit Money Boost. The new breed of employee benefit

4 Did you know that half about their finances? 1/4 of employees do not have enough money set aside to deal with basic household emergencies. 1 5 in employees say their financial situation causes them stress and impacts on their work productivity why are employees worried? 82 of employers agreed that a simple money management tool would offer a clear incentive for employees who are struggling to put money aside, with more than one quarter (28) agreeing strongly Agree strongly Agree Slightly Disagree slightly Disagree strongly Don t know Money Boost is easy for both you and your employees to use How Money Boost works for your employees 82.5 of employers agree that helping employees manage their finances will contribute to reducing employee stress levels. Simple to use The economy might be picking up after the downturn in 2008, but households real wages have been falling and one in five don t even have enough set aside to deal with basic domestic emergencies. Our research shows that money is a real cause of concern for more than half of your workforce. Money Boost has been designed to be as simple as possible for your payroll department to use, from setting up your scheme to inviting your employees. If you still need a helping hand, you can speak to your dedicated account manager or there is extra support online. 22 of UK employees said that their financial situation not only causes them stress, but also impacts negatively on their work productivity. For your employees it s easy; they simply receive a 5 boost every time they spend on a Money Boost Card. Employees can also choose to withdraw their money in full from their e-money account at any time. In a world where the rising cost of living can affect productivity, it s no wonder that so many employers are looking for a way to help their employees to manage their money efficiently and enhance the overall performance of their organisation. It s time for a new voluntary benefit that gives your employees a chance to ease the strain and reduce financial stress so they can perform better in the workplace. 1. Employees set a goal 2. Money is taken from payroll A simple online calculator determines the total goal amount by the monthly salary deduction and plan length. A regular amount is deducted from your payroll, making it easy for employees to achieve their goals. A good way to discipline yourself Set your own goals and targets and each month watch the goal getting closer (Employee, F, 55-64, Midlands, C2) 37 of employees with no savings, blame this on misfortune or a lack of discipline 37 4 out of 5 companies agree that helping employees manage their finances will help to reduce employee stress levels 5ex tra 4 out of 5 companies 78.5 of employers with 250+ staff want to make Money Boost available to their employees Sit back and watch it grow 4. Employees earn a 5 reward Employees can sit back and watch their money grow every month until their goal becomes a reality. Employees are rewarded with an extra 5 to spend at thousands of locations if they spend their money using the Money Boost card. How it fits with other benefits? Money Boost complements other employee benefits such as discount shopping, and doesn t affect any of the benefits you have in place. Money Boost will fit straight into your benefit plan and show employees that you re a supportive organisation which finds positive new ways to help them enjoy life. 51 about their finances. Independent Quantitative Survey for Sodexo (2013) Why Sodexo? Sodexo Benefits and Rewards Services is part of the Sodexo group. We are an established rewards and benefits provider in 34 different countries and have 410,000 corporate and SME clients worldwide. At Sodexo we strive to improve the quality of life of all those we work with. One way we do this is by providing the best possible service. A dedicated account manager will work with you during your Money Boost scheme set up and your employees will be able to contact our customer care team with any queries they may have.

5 Did you know that half about their finances? 1/4 of employees do not have enough money set aside to deal with basic household emergencies. 1 5 in employees say their financial situation causes them stress and impacts on their work productivity why are employees worried? 82 of employers agreed that a simple money management tool would offer a clear incentive for employees who are struggling to put money aside, with more than one quarter (28) agreeing strongly Agree strongly Agree Slightly Disagree slightly Disagree strongly Don t know Money Boost is easy for both you and your employees to use How Money Boost works for your employees 82.5 of employers agree that helping employees manage their finances will contribute to reducing employee stress levels. Simple to use The economy might be picking up after the downturn in 2008, but households real wages have been falling and one in five don t even have enough set aside to deal with basic domestic emergencies. Our research shows that money is a real cause of concern for more than half of your workforce. Money Boost has been designed to be as simple as possible for your payroll department to use, from setting up your scheme to inviting your employees. If you still need a helping hand, you can speak to your dedicated account manager or there is extra support online. 22 of UK employees said that their financial situation not only causes them stress, but also impacts negatively on their work productivity. For your employees it s easy; they simply receive a 5 boost every time they spend on a Money Boost Card. Employees can also choose to withdraw their money in full from their e-money account at any time. In a world where the rising cost of living can affect productivity, it s no wonder that so many employers are looking for a way to help their employees to manage their money efficiently and enhance the overall performance of their organisation. It s time for a new voluntary benefit that gives your employees a chance to ease the strain and reduce financial stress so they can perform better in the workplace. 1. Employees set a goal 2. Money is taken from payroll A simple online calculator determines the total goal amount by the monthly salary deduction and plan length. A regular amount is deducted from your payroll, making it easy for employees to achieve their goals. A good way to discipline yourself Set your own goals and targets and each month watch the goal getting closer (Employee, F, 55-64, Midlands, C2) 37 of employees with no savings, blame this on misfortune or a lack of discipline 37 4 out of 5 companies agree that helping employees manage their finances will help to reduce employee stress levels 5ex tra 4 out of 5 companies 78.5 of employers with 250+ staff want to make Money Boost available to their employees Sit back and watch it grow 4. Employees earn a 5 reward Employees can sit back and watch their money grow every month until their goal becomes a reality. Employees are rewarded with an extra 5 to spend at thousands of locations if they spend their money using the Money Boost card. How it fits with other benefits? Money Boost complements other employee benefits such as discount shopping, and doesn t affect any of the benefits you have in place. Money Boost will fit straight into your benefit plan and show employees that you re a supportive organisation which finds positive new ways to help them enjoy life. 51 about their finances. Independent Quantitative Survey for Sodexo (2013) Why Sodexo? Sodexo Benefits and Rewards Services is part of the Sodexo group. We are an established rewards and benefits provider in 34 different countries and have 410,000 corporate and SME clients worldwide. At Sodexo we strive to improve the quality of life of all those we work with. One way we do this is by providing the best possible service. A dedicated account manager will work with you during your Money Boost scheme set up and your employees will be able to contact our customer care team with any queries they may have.

6 5 extra is rewarded to employees to spend across major brands nationwide on both the high street and online, when they use their Money Boost Visa Card. What is Money Boost? Money Boost is a new breed of voluntary benefit that helps to relieve the common financial problems faced by employees. In practice, it s a simple online money management tool that helps employees to set financial goals based on what is important to them. The result for you is greater employee engagement, retention, wellbeing and productivity of employers agree; helping employees manage their finances will contribute to reducing employee stress levels. That s why we ve set out to create a refreshing new voluntary benefit with broad appeal among employees, regardless of gender, income or age. EMPLOYEE BENEFITS Contact Us To find out more about how our employee benefits services can help you motivate your people every day: Tel: marketing.br.uk@sodexo.com or visit Money Boost. The new breed of employee benefit