How Unmind is taking a proactive approach to financial wellbeing
Unmind works with companies to create psychologically safe cultures in which employees can lead more fulfilling lives. They’re on a mission to create a world where mental health is universally understood, nurtured, and celebrated.
But as explained by Megan Kille – Unmind’s VP of People and Talent – that global mission starts at home…
“The world is going through a period of change and ambiguity. Living costs are increasing globally, and external factors are causing instability across many aspects of our personal finances.”
“Our benefits package has three core pillars: everyday life, healthy lifestyle, and life experiences. Given the economic climate, we identified a core element which is missing from that package: we needed to do more to support our teams with their financial wellbeing.”
This is what led Unmind to Bippit.
Finding a complete solution for financial wellbeing
Megan continues: “Given our own offering and experience, we understand the importance of taking a proactive approach to mental, physical, and financial wellbeing.”
“From tools for planning, budgeting and building goals, to providing access to a financial coach or educational resources – we love that Bippit offers holistic financial wellbeing support. We found that other platforms tended to focus on one element of financial wellbeing, or were set up as passive educational tools rather than a complete solution.”
As the UK’s number one provider of professional financial coaching, Bippit makes sure that every employee has access to a personalised plan, and all the tools they need to build a more secure future. Central to this is giving every employee access to a one-to-one financial coach who is matched to their needs. This is something Megan was pleasantly surprised by.
Having a financial coach in your pocket
As the UK’s number one provider of professional financial coaching, Bippit makes sure that every employee has access to a personalised plan, and all the tools they need to build a more secure future. Central to this is giving every employee access to a one-to-one financial coach who is matched to their needs. This is something Megan was pleasantly surprised by…
“I didn’t really think I needed help from a financial coach. At first I was stumped to even think about what questions to ask.”
“But, after just a 20-minute call, I was blown away by the amount I learned about my finances. I became aware of various risks that were hiding in plain sight, and opportunities that I could benefit from.”
“You don’t have to worry about running out of time, or remembering all of the great stuff you’re told, as your coach follows up with detailed notes and actions afterwards, and they’re always there to answer any questions.”
Boosting financial wellbeing to strengthen mental health
Employees say that money worries are their No.1 cause of stress at work, which is why adopting a platform like Bippit can be so important in today’s financial climate.
Megan adds: “with Bippit you have a financial coach in your pocket available on-demand whenever you need it most. Crucially, having access to Bippit helps both your financial wellbeing and overall mental health.”
If you want to improve your team’s financial wellbeing like Unmind, book a free Financial Wellbeing Lunch & Learn for your workplace.