November 23 2023 | Team nudge
UK Autumn Budget 2023
The UK Budget Autumn Statement is announced, find out what's changed and help your people make informed financial decisions.
5 min read
A top four global consulting firm has rolled out nudge to deliver impartial, global financial education to their customers across the U.S.
Looking after your wellbeing is of paramount importance right now, and integral to our health is how we feel about our finances. According to the global consulting firm’s Employee Financial Wellness Survey, the pressures of day-to-day finances against rising inflation and cost of living, are impacting employee wellbeing. The report revealed that 56% of employees are stressed about their finances.
The partnership will power up the consulting firm's coaching solution with nudge’s global financial education, supporting customer’s employees to take control of their finances. nudge's latest research demonstrates that those with financial education are 24% more likely to be connected to their employer and twice as likely to feel confident about their financial future. The impartiality of nudge’s solution stood out in the market, enabling the firm to focus solely on providing the best possible financial education.
nudge's data analytics and insight will help the firm’s customers to paint a true picture of their employee’s financial health, needs, and habits to secure their financial resilience.
Tim Perkins, Co-Founder of nudge, commented:
“In 2023, personal finances are being dominated by the cost of living crisis. The impact will be felt by everyone, no matter their salary bracket or location, through inflation and surging interest rates. Impartial financial education to help people navigate this change and take action on their finances is needed now more than ever.”
“We are delighted to partner with this top four global consulting firm to provide our impartial, global financial education platform to both their customers and their employees in U.S. From our research we have seen that those with financial education are 24% more likely to be connected to their employer and twice as likely to feel confident about their financial future. It is our pleasure and purpose to improve the financial wellbeing of 1.5 million lives and counting around the world.”
Principal in Workforce Transformation, says “The partnership with nudge aligns with the global consulting firm’s Financial Wellness’ purpose and values”.
‘It’s never been more important than now for employers to support the financial and mental wellbeing of their employees through these turbulent times. One-third (34%) of employees overall say that financial stress has a severe/major negative impact on their mental health. The ethos, impartiality and global proposition of nudge is just what our clients need.
Read more about our recent projects.