Legal and General support financial well-being of their staff
Legal and General’s offices in Cardiff have received a Payroll Partner Accreditation for supporting the financial wellbeing of their employees.
The Welsh division of the multi-national insurance firm encourages its staff to become members of Cardiff & Vale Credit Union and benefit from a host of easily-accessible financial products.
Corporate Responsibility Manager for Cardiff Lynne Sheehy praised the partnership working between both organisations which began just over a year ago.
She said: “This has been an excellent initiative and works very well for our employees.
“That success is largely due to the frequent onsite visits made by officers from Cardiff & Vale Credit Union who offer financial advice, answer any questions confidentially that our staff may have and promote various savings and loan schemes.
“We regularly communicate with all of our staff in the Cardiff office through monthly newsletters and make them aware of the benefits of joining a credit union.
“Once a new credit union campaign is launched – such as Christmas saving schemes – we inform them right away.
“We are a financial services organisation so we recognise the issues that can affect our employees.
“We want them to be able to manage their finances carefully and make informed decisions on their financial future.
“The Payroll Savings Scheme has a very clear message and has a really tangible benefit to employees if they want to be part of it.”