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EXCLUSIVE: Wolfson Brands launches financial wellbeing support

by Kavitha Sivasubramaniam
06/12/2023
Wolfson
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Wolfson Brands has introduced inclusive financial wellbeing support for its 64 employees in the UK.

The global fitness business, which has a hybrid workforce and is headquartered in Glasgow, is now offering individuals access to the Bippit platform as part of its overall employee wellbeing programme.

The service enables staff to seek support from professional coaches with FCA-recognised qualifications, and also provides personalised money management plans, including goal tracking and spending analysis. Staff can also participate in challenges, access targeted learning resources and take part in interactive workshops on subjects such as pensions, protection and budgeting.

Scott Dingwall, CEO of Wolfson Brands, said: “”Financial wellbeing forms one of our four key pillars on our employee wellbeing programme, therefore we are always looking at creative and practical ways to provide support for our team around this.”

Founded in 2006, Wolfson Brands creates and commercialises new brands and sells them globally. It has a portfolio of individual brands across the nutrition and fitness space. Half its team are based on the west coast of Scotland, with the remaining half spread across UK and Europe, North America, Central America and Dubai.

Explaining the reasons for the launch, Ruairi Hunter, wellbeing and community lead at Wolfson Brands, said: “We have a strong culture of employee feedback and it became clear that our team wanted us to provide more financial wellbeing support. We really liked that Bippit offered something for all staff and catered to all learning styles, which is not something we saw in other products that we’d looked at in the past.”

Sam Lathey, CEO of Bippit, added: “Wolfson Brands has built up an award-winning portfolio of fitness brands and a strong, diverse workforce spread across the globe. We’re really proud to be supporting their team with their financial wellbeing. Wolfson Brands staff now have access to professional, FCA-recognised coaches alongside a suite of tools that empower them to improve and nurture their relationship with money over time.”

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Benefits Unboxed – Wellbeing: HR is supporting everyone, but who’s supporting HR?
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As the professionals responsible for helping their organisations navigate NI hikes, rising employee stress levels and looming redundancies, the pressure on HR, reward and benefits teams has never been greater. 

HR is expected to lead with strength and compassion. But who is supporting the supporters?

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Benefits Unboxed – Wellbeing: HR is supporting everyone, but who’s supporting HR?
Benefits Unboxed – Wellbeing: HR is supporting everyone, but who’s supporting HR?
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