Case Study: Abbey

As a financial institution, Abbey regards financial education as being paramount to the wellbeing of its 16,000 employees, particularly during the current economic climate.

It is planning to launch a workplace financial education programme to help staff cope with the credit crunch, following on from an initiative built around its sharesave scheme last year.

Maria Strid, head of reward, says: “We feel it is important to keep investment in financial education high.” The company’s intranet site is also used for updating staff on perks. “To ensure employees can easily access all benefits, we have invested in an online benefits communication platform. This has made it easy for staff to see what Abbey offers that can make a difference to take-home pay, for example, discounted retail vouchers.”