Tickets now available for Europe's leading Financial Wellbeing conference on 20th May 2026
Financial wellbeing is a crucial component of overall wellbeing, and for Next, it’s about providing the necessary tools to empower individuals to meet their financial needs. Recognising financial wellbeing as integral to daily life, they have developed solutions to address these challenges, ensuring employees feel supported in managing their money.
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Workplace Savings
Empowering Through Insights
Recent engagement surveys revealed financial wellbeing as a key area where employees felt the pressure most. This insight inspired Next to create a comprehensive financial wellbeing policy in collaboration with Stream.
By integrating academic research into this policy, they took a strategic approach that enables the alignment of various financial support elements into one cohesive framework.
Transformational Tools
Next's financial wellbeing programme, anchored by Stream, offers a diverse suite of tools designed to address everyday financial challenges. These include:
- Saving Solutions: Helping employees build financial resilience.
- Flexible Pay: Providing flexibility to access wages when needed.
- Coaching and Budgeting Support: Empowering individuals to make informed financial decisions.
- Benefits Checker: Identifying eligibility for additional support.
This comprehensive system encompasses everything from daily essentials like budgeting and shopping, to unexpected expenses requiring flexibility for financial peace of mind.
Excellent Results
The impact of the financial wellbeing programme has been significant:
- More than 10,000 employees are actively using their benefits.
- Members are accessing financial wellbeing tools on average 11 times per month.
- Over £3 million saved building stronger financial futures.
“It’s All About Flexibility”
The flexibility offered by the programme has created a profound positive impact. Andrew Jurd, Head of HR for Retail, shared:
" It's about support for day to day things. It's about getting your shopping. It's about budgeting and financing. It's about being able to draw down on money when you need it. Flexibility."
Through this initiative, Next has demonstrated its dedication to fostering financial stability and providing tools to help employees thrive. The comprehensive approach not only benefits individual employees but also contributes to a supportive and engaged workplace culture.
Talk to us about the positive impact we can have on your teams and your business.
