As well as building the ‘hyperfast full-fibre broadband network Britain deserves’, Hyperoptic is creating a workplace culture that exceeds expectations. This is what led them to Bippit.

Having been awarded a Great Place to Work certification, and as one of the UK's Best Workplaces for Wellbeing, Hyperoptic believes there are four key pillars of employee wellness: mental, physical, social, and financial.

The company already offers generous employee benefits. From private medical insurance, to up to 35 days of annual leave and extra days off for major life events.

But going beyond the expected is at the heart of everything Hyperoptic does, which is why they’re now giving their staff access to Bippit’s financial wellbeing support.

“We are committed to offering valuable support to all Hyperoptic employees,” explains Naleena Gururani, Chief People Officer at Hyperoptic.

“The addition of Bippit helps us drive financial wellbeing as a key focus and supports the overall wellbeing of all our people.”

A modern approach to financial education

Financial stress is one of the biggest challenges employees face today. With the cost of living increasing by >20% in recent years, and misleading information on social media, Hyperoptic recognised the importance of giving their staff access to expert guidance, so they could better navigate their financial lives, both now and in the future.

Through its partnership with Bippit, Hyperoptic employees can benefit from unlimited messaging and video calls with a dedicated financial coach who has FCA-recognised qualifications. Every employee is matched to this coach based on their requirements, and given trusted support for any situation, at any time. This protects people from the overwhelming amount of misinformation found online, and helps them build more financial security.

“Everyone has different preferences and needs,” says Naleena. “It's why we give our employees supportive tools so they can make informed choices to suit their individual circumstances.”‍

Helping employees save for the future and companies save for today

With Bippit, employees are 40% more likely to increase their pension contributions. It’s this kind of engagement which is crucial for long-term financial security.

While encouraging employees to engage with their workplace pension can improve their financial future, it also helps businesses reduce employer National Insurance costs because the portion of the salary that is contributed by the employee is not subject to National Insurance.

These cost savings are increasingly important for organisations across the UK and beyond, especially given the current economic climate.

Financial wellbeing as a right, not a privilege

Hyperoptic wants to tackle money stigma head-on by making expert financial support accessible to all.

Naleena explains: “Our partnership with Bippit has been designed to be inclusive, with personalised portals for every employee. We know financial challenges can affect anyone at any time, which is why we provide the free tools people need to feel financially and mentally empowered.”

This is something we’re particularly passionate about at Bippit.

Our platform is designed to break down financial barriers and provide support at every life stage. No matter their background or situation, we want every employee to build more knowledge, organisation, and confidence in their financial life.