Rewriting retirement:

How to help employees plan for later life

Social care in later life is rarely free, and more often than not, individuals, or their families will have to contribute to the costs in later life.

Care homes and later living support cost on average £50K+ per year, and can often become a source of emotional and financial strain for those directly impacted.

The truth is, financial matters affect everyone, but very few of us are planning well enough for a comfortable retirement.

So join Bippit along with a special guest from Seniorcare by Lottie as we discuss how to help employees plan for later life, while exploring how we can normalise the conversation around money so the right support reaches the right people at the right time.

📅  Wednesday 28th June

⏱️ 11am (UK)

Reserve your place…

Despite the progress that’s been made in recent years around mental health in the workplace, financial stress remains the elephant in the room.

The truth is, money is still a taboo subject, and with the Cost of Living situation creating a lot of uncertainty, normalising the conversation around our finances has never been more important.

During this session, our expert panel we will discussing a range of topics including:

  • Financial education at school and at work
  • Saving money in the context of the cost of living crisis
  • Funding for personal care in the future
  • Pension planning, and when we should start
  • Will writing, and looking to the next generation
  • Dealing with the financial stress at work
  • Having tough financial conversations

    The Cost of Living is continuing to rise, with employees increasingly worried and unsure where to turn. The truth is, it can be hard to talk about money. With the reasons ranging from fear of discrimination, and feelings of shame, to a lack of trust. At the same time, businesses everywhere are coming under increasing pressure to adjust their compensation and support, at a time when costs are increasing for them as well.

    HR professionals and business leaders are faced with a lot of questions right now. Such as, how can we support employee financial wellbeing and look after their mental health at the same time? Should salaries be increased to respond to the needs and demands of employees? And is it a case of introducing more effective, and more personalised support, or simply of refining our existing policies?

    The world of work has experienced a huge shift in recent years, with more power now lying in the hands of employees, and those searching for a new role or exploring their options now expect the best support, not just the best salary.

    This means that compensation is no longer just a number, but rather a culture of care.

    The good news is that financial wellbeing, and effective mental health support, can help employees make the most out of their salary, while feeling more settled and secure at their company.

    📅  Wednesday 28th June

    ⏱️ 11am (UK)

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