Suffolk Chamber News
The Suffolk Chamber is committed to serving the business community. We provide business information and news for our members and the local business community as one of the many ways we support business.
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A fifth of workers say personal financial problems affect their job
A new report into the financial health of today’s employees reveals that the key to increasing an individual’s financial wellbeing is improving their financial capability and encouraging savings. The Barclays report, entitled Financial Well-being: The Last Taboo in the Workplace? challenges the widely-held belief within organisations that financial health is determined by level of income. The research, conducted with over 2,000 employees across Britain finds that the size of an individual’s ‘savings buffer’ – a pot of money set aside for unforeseen outgoings – and contributing regularly to savings, have a far greater impact on financial wellbeing.
It is estimated that a million fans will travel to the 12 different cities hosting matches during the World Cup, which runs from 12 June to 13 July and may be at risk of Dengue Fever.
Leading independent Suffolk recruitment company Cooper Lomaz is on a jobs drive of its own to cope with the rapidly growing demand for senior staff from reinvigorated businesses.
Cambridge Regional College is one of the key sponsors of a high profile business event which takes place in Ely this week.
Suffolk Chamber of Commerce members are encouraged to participate in an online survey on access to finance that the University of Essex is running as part of its research into business funding and credit challenges for SMEs.
Ipswich based Ryan Insurance Group has been awarded Chartered Insurance Broker status by the Chartered Insurance Institute (CII).
What’s Shaping Benefits Strategies in 2014?
The desire to improve employee engagement is the top issue shaping employers’ benefits strategies in 2014, according to exclusive research by the online benefits website, Employee Benefits.
The Benefits Research 2014, which was conducted in March 2014 among 256 respondents, found this was the case for just under three-quarters (72%) of respondents. Engagement has topped the list of issues shaping respondents’ benefits strategies since 2011, when 71% of respondents said this was the case, followed by 73% in 2012 and 74% in 2013.
Stuart Hyland, business leader, reward solutions consulting at Hay Group, said: “Citing employee engagement as the main issue is good, but I would hope that organisations are doing more behind the scenes to really target engagement for much wider activity beyond benefits, so actually putting benefits into [the context of] total reward or employer branding, rather than focusing on the benefits space on its own.
Award winning Ashridge Security Management Ltd completed their annual Security Survey last week at the Anglia Business Exhibition at Trinity Park. Find out the results.