Elva @Go__Float
Elva is a socially responsible financial wellness company offering salary advances, financial planning, credit union loans and savings to employees. elva.app United Kingdom Joined July 2020-
Tweets46
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Following52
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Employees are signaling that they’re not just receptive to receiving financial support from their employers, but they’re also actively demanding it. buff.ly/3DkathM
Employers recognize financial stress can lead to many more issues that can impact the company. Employees who are concerned about their financial well-being can negatively impact employers. buff.ly/3sGrOw8
1 in 5 (19%) UK adults – equivalent to more than 10 million Brits – say they are not financially resilient. This means Brits feel they wouldn’t be able to manage an unexpected situation on their own without taking out a loan or using a credit card. buff.ly/3fXd8nu
Employees are eschewing traditional pension schemes and demanding more progressive and accessible perks that better suit their lifestyle...buff.ly/3yKUW7R
The Covid-19 pandemic has pushed #employeewellbeing right up to the top of the business agenda, with more than eight in 10 companies globally now seeing wellbeing as a key focus, according to Aon’s latest global survey. buff.ly/3scV51t
As we have seen with certain areas of the economy our individual ways to recover are not linear and some people will need more support for longer than others. buff.ly/3xn8x3O
When examining the impact of the pandemic, according to a study by LCP – almost half (47%) said the pandemic had changed their ability to save. Of those, more than 1 in 3 (38%) were saving less or not at all, impacting their financial resilience. buff.ly/3fOaYqj
Finding ways to support people to overcome the behavioural barriers to getting started with short-term saving is a critical area for financial resilience research. buff.ly/3jb0zWp
More than half (55 per cent) of IFAs expect demand for financial advice to accelerate within the next five years, with many predicting a renewed focus on financial planning following the uncertainty resulting from Covid-19. buff.ly/3BMRBH9
Today’s workforce is increasingly becoming more age-diverse, with more workers staying in employment into their later years and delaying retirement to secure a better #financialfuture for themselves and their loved ones. buff.ly/3rCTO3h
Here, we are seeing a shift in mindset with employees more receptive to financial advice from their employers. #financialwellbeing #employeewellness buff.ly/3zEBt8X
Behavioural finance looks to shed light on why we make the decisions we do, what influences these decisions, and the role our emotions play – with the aim of helping people to control their feelings and ultimately make better decisions.buff.ly/2Tr3VMa
As financial wellbeing among women becomes more and more of a hot topic, there’s one area of finance in particular that clearly demonstrates the gender gap in financial health: pensions. buff.ly/36Kt5Zf
More than half of employers expect to receive more flexible working requests as the UK comes out of the pandemic, a survey has found. #flexibleworking buff.ly/36BEOJw
Employers may have already implemented a traditional mental and physical wellbeing strategy, a recent CIPD survey found that only half of employers have a financial wellbeing strategy in place. #financialwellbeing #wellbeingstrategy #financialcoaching buff.ly/3kpZiNu
47% of adults in the UK do not have a financial plan that covers the next five years, with 21% admitting to rarely saving. buff.ly/34Gstmq
“New research has found that 39% of employees believe the current state of their finances negatively impacts their mental health.” buff.ly/3gsKsn2
Financial education could help them realise that they could use the tax-free cash from their #pension to pay off any outstanding loans and mortgages, and without these #debts they may not need as much as they think to afford retirement. buff.ly/2TcPgnE
Businesses need to prioritise employee wellbeing alongside company culture – or risk a boom of burnout, and in the worst cases, a talent retention and productivity crisis. #employeewellbeing #financialwellbeing #strategy #policies #productivity buff.ly/3dLKZif
Employers that can't afford to increase wages – and even those who can – should ensure they have a financial wellbeing policy in place so that people can access guidance and support when they need it. buff.ly/3j36v5q

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