• Tue. Jun 25th, 2024

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Wave delivers financial and educational support to staff amid cost of living crisis

National water retailer, Wave, supports staff with financial awareness training following a company-wide salary increase.

To help provide the tools needed to navigate the current cost of living crisis, Wave has been providing financial education to their people. Following feedback from employees, the financial awareness training covered topics including money saving tips, debt and loans payments, pensions, tax and financial planning. The courses ran throughout July and August and despite being voluntary, were attended by 78% of staff.
This initiative follows a company-wide salary increase of 5% and a performance related bonus available to all employees.

Jane Austin, Director of HR commented, “Following the Covid-19 pandemic, UK inflation and energy prices have risen rapidly and we know this is a worrying time for our people. As a business we’ve made the decision to not only try to help our employees financially, but to help make sure they have the right knowledge to make their money work for them.

Austin continued, “We were blown away by the engagement we received in each of these courses which just proves how valuable it is at time like this. There would be no business without our employees, so we really hope this additional financial advice and support will make a difference and offer some relief for our people and their families.”

By admin