FINANCIAL WELLBEING

Wagestream

Click here to see how Wagestream, our brand new work benefit, will give you more control over your finances and support your financial wellbeing going forward!

Wagestream is used by over 1 million people worldwide. They partner with a range of businesses to let staff track and instantly access their wages whenever they need to; save direct from their salaries, and access financial education. Their mission is to improve the financial resilience of all working people by providing financial products and services that give and don’t take.

Click here now to download the app!

Government help

The Government website has a series of measures that may assist you with the cost of living and energy price increases.

Click here to view the help available as well as some discounts and offers.

For many of us, our goal in life is to be happy and to be able to live a fulfilling life, so we all need to consider our finances.

Our aim is that working for Next will be one of the steps towards you achieving your financial goals. It will help with planning for your present and your future... leading to freedom and the ability to make financial choices in life.

See below and our Financial Wellbeing Policy, for just some of the ways working at Next can support your financial wellbeing:

Financial Security

Have control over your finances

As a Next Employee we want you to have control over your finances with the ability to be able to plan and save.

  • We will pay you regularly and at an agreed frequency

  • Your funds will be paid directly into your nominated bank account

  • You can view your payslips, update personal details, including banking details securely, via the Next Employee Portal (NEP) which can be accessed at anytime on your personal devices.

  • If you are unable to attend work due to illness you will receive sick pay based on your length of service and previous sick payments made.

Your Future

Organise your finances for a better future

  • You will be part of our bonus scheme when we are rewarded for our successes

  • We will enroll you in the current pension scheme where Next will make a contribution to your future.

  • We will invite you to take part in our Share Save Scheme where you can save directly from your wage with the option to buy Next shares at preferential rates.

Tools to help you...

Retail Trust

As a valued colleague at Next, you have free and confidential access to the retailTRUST wellbeing services.

The trust can support you with helpful advice, financial assistance, face-to-face and telephone counselling, cognitive behavioural therapy, non-repayable grants, career development, return to work and re-skilling initiatives, legal guidance and on-site critical incident support.

Click here to discover the resources available to you from retailTRUST.

Salary Finance

Salary Finance provides salary linked loans and savings accounts as well as the ability to learn better money habits.

To find out more about how they may be able to support your financial wellbeing click here

EAP (Employee assistance program)

The EAP guide gives you all the information you need to get the most out of this valuable benefit.

Whether it's help with COVID-19, managing money, relationships or raising children- through the EAP provided by Care First, you can rest assured that you have an expert team to help you plan for the highs and lows of ilfe.

With the EAP, you have 24-hour personal assistance. At any time, day or night, you can talk in confidence to a qualified adviser. please be aware that the EAP is for your use only (the employee).

In the UK call: 0800 015 5630

For more info, click here!

MoneyHelper

Part of the Money and Pensions Service

MoneyHelper helpline: 0800 138 7777

Website: https://www.moneyhelper.org.uk/en

For a range of money guides, tools and calculators to improve personal finances.

Support available:

  • English and Welsh language content online

  • Printed guides, also available in alternative formats

  • Webchat

  • WhatsApp

  • Over the phone, and

  • Free debt advice over the phone and face to face through the organisations we fund.