In today’s dynamic economic landscape, financial literacy plays a crucial role in empowering individuals to make informed decisions about their personal finances. This holds especially true for Ireland’s public sector employees, who face unique financial challenges and opportunities. Whether planning for retirement, managing debt, or navigating the intricacies of taxation, understanding key areas of finance is essential for securing financial well-being. Here are some of the main areas of finances that would be of interest to Ireland’s public sector employees:  Pension Planning: Wit ..read more

Demystifying Financial Jargon for Public Sector Workers in Ireland  Navigating the world of finance can sometimes feel like deciphering a foreign language, especially for public sector workers in Ireland. From pensions to taxes and everything in between, financial jargon can be overwhelming. But fear not! In this jargon buster article, we’ll break down some common financial terms to help you better understand your finances and make informed decisions for your future. Pension Scheme: A pension scheme is a retirement savings plan provided by your employer, typically designed to help y ..read more

In today’s fast-paced world, financial security and future planning have become very important to a lot of people. When it comes to our money, two key concepts often come up: savings and investments. While these terms are often used interchangeably, they represent distinct financial strategies with different objectives and outcomes. In this blog post, we will delve into the difference between savings and investments, their purposes, and how they can help us achieve our financial goals.  Savings:  Savings refer to the portion of our income that we set aside for future use. It acts as ..read more

In today’s dynamic and competitive job market, employers are recognising the importance of fostering an integrated approach to employee well-being. One critical aspect which is growing in strategic importance is financial wellness. As businesses strive to attract and retain top talent, offering comprehensive employee benefits is essential. However, the success of these benefits depends on employees being aware of and fully utilising them. Enter employee financial wellness education—a powerful tool that not only equips employees with valuable financial knowledge but also enhances their awarenes ..read more

The key to promoting successful financial well-being in the workplace is consistent communications on relevant channels using a slow and steady approach over the longer term. Here are some strategies to promote financial well-being in your workplace: Financial Education Programs: Offer workshops, seminars, or webinars that cover essential financial topics, such as budgeting, saving, investing, and managing debt. Make sure the content is relevant to the environment, considering local tax laws, pension systems, and investment options. Retirement Planning Support: Provide resources and guidance ..read more

In recent years, the concept of financial wellness has gained significant attention as individuals and organisations recognise the profound impact of financial stability on overall well-being. Ireland is embracing the importance of financial wellness in the workplace. Here we explore the future of financial wellness in Ireland and how it is transforming the country’s workforce.    The Changing Landscape of Financial Wellness  As societal norms have shifted in the previous 3 years and continue to do so, employees are seeking more than just a pay cheque from their jobs. They desir ..read more

According to Sunday Business Post Article (Sunday 23/04/2023) the latest consumer mood tracker from Red C tells us that over 80% of Irish consumers expect that there will be no improvement in the Irish Economy over the next six months. Other figures in the research show that 84% of people expect the Cost-of-Living crisis to get worse in the next six months.   How are people dealing with this financial strain?  There is evidence to say that people are dipping into savings or using credit cards or loans to fund day to day costs. All this negative financial feeling can have serious ..read more

Understanding What Financial Advice Means  When it comes to managing your finances, seeking professional advice is often a wise decision. However, it is important to know that not all financial advice is created equal. In Ireland, regulated financial advice is a crucial component of protecting consumers and ensuring that they receive accurate and appropriate financial guidance.  Regulated financial advice is defined as financial advice provided by individuals or companies that are authorized and regulated by the Central Bank of Ireland. This regulatory body ensures that all financial ..read more

We are delighted to announce that Employee Financial Wellness has become part of UK-based Wealth at Work group, expanding opportunities for employers to offer financial wellness programmes through digital communications, financial education, guidance, and advice to their employees.  This acquisition by the Wealth at Work group (the “Group”), will significantly expand our ability to serve employers across Ireland.  Employee Financial Wellness is one of Ireland’s leading providers of financial wellness programmes for employees.  Our programmes are used by many of Ireland’s leadi ..read more

Build a Successful Financial Wellness Programme in 2023 2022 hasn’t been easy for people no matter who they are or where they live.  We are starting 2023 with the cost-of-living crisis and inflation still dominating our news feeds.  Your employees are looking for help to take control of their money now and for the future. “Financial wellness is how people feel about the control they have over their financial future and their current relationship with money” Your Guide to Building a Financial Wellness Programme in 4 Steps: Step 1 – Understand As an employer do you have an employee fin ..read more