Building materials manufacturer Knauf UK and Ireland has introduced financial education support for its 480 employees to develop their financial skills and knowledge.
Knauf employees will be now be able to access interactive and impartial financial education and articles by finance experts, through a platform provided by financial education firm Nudge Global.
Knauf’s employees can also access money management tools to help with their budgeting, saving and investing, as well as a financial health checkup on their spending, borrowing and planning. This provides them a score so they can measure their progress over time and take action, and a financial education plan to improve their finances.
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The platform additionally offers 20-minute sessions on investing, debt and budgeting, with signposting throughout to take action on their finances, and can send employees personalised reminders when there is something they need to know or a financial action they should take. This is aimed at helping them improve their financial health and work towards life and financial goals.
Rachel Chester, reward and benefits manager at Knauf UK and Ireland, said: “With more than 250 production facilities and sales organisations in more than 86 countries, and over 35,000 employees worldwide, Knauf is proud of its unique, family-owned culture where our values and people-first approach guide our work together. Supporting our people with their financial wellbeing is incredibly important to us. We want to give our employees the opportunity to develop their financial knowledge in all matters relating to financial wellbeing important to them.”
