Anglian Water is the latest employer to partner with financial wellbeing provider, Neyber, to offer its 4,000 staff a range of financial services and education, including access to salary-deducted loans. According to the company, employee engagement surveys at Anglian Water have shown the degree to which financial wellbeing matters for people in the organisation.
Neyber provides a range of financial benefits through partnering with around 60 employers and via 14 commercial benefit platforms and is about to launch a Neyber ISA product.
According to Monica Kalia, co-founder:
‘The vast majority of Neyber customers are taking out loans to consolidate their debt, and we believe this demonstrates how Neyber is part of the solution. Neyber borrowers have already saved £14.4 million in interest costs, freeing up income that would have otherwise been lost for people who are just about managing in today’s tough economic climate.’