Powersystems is excited to announce our new partnership with Lifetime, a leading provider of financial well-being services. This collaboration is designed to empower our partners by offering comprehensive resources and support to improve their financial health and security, ensuring a brighter future for our team and their families.
In today’s fast-paced world, financial well-being is crucial for overall health and productivity. According to recent studies, employees who experience financial stress are more likely to face health issues, decreased job satisfaction, and lower productivity levels. Understanding the importance of this issue, Powersystems is committed to enhancing our employees’ financial literacy and resilience through this partnership.
Financial Well-Being Workshops
Partners can participate in interactive financial well-being workshops led by experienced financial educators. These sessions cover essential topics such as budgeting, debt management, savings strategies, and investment fundamentals. The workshops are designed to provide partners with actionable insights and practical skills, enabling them to take control of their financial future.
In addition to the core topics, the workshops will also address the psychological aspects of financial management, helping partners to build confidence in their decision-making. By fostering a supportive environment for open discussion, partners will feel empowered to ask questions and share experiences with their peers, further enriching the learning process.
Personal Financial Planning Services
Lifetime provides access to personal financial planners who can offer tailored advice and strategies specific to individual circumstances. Each partner can book one-on-one consultations with certified financial advisors to discuss their financial goals, retirement plans, investment opportunities, and debt repayment strategies.
These personalised sessions ensure that partners receive expert guidance on navigating complex financial situations, such as buying a home, funding education, or planning for retirement. By equipping our workforce with tailored financial strategies, we are enhancing their ability to achieve long-term financial stability.
Comprehensive Financial Resources
The partnership includes access to a wealth of online resources that support financial well-being. Partners can explore a vast library of articles, calculators, budgeting tools, and educational videos that enable them to manage their finances effectively. These resources cover a wide range of topics, from tax planning to insurance, providing partners with the information they need to make informed financial decisions.
Furthermore, the platform offers a financial health check tool, allowing partners to assess their current financial situation and identify areas for improvement. This self-assessment can help partners take proactive steps toward enhancing their financial health.
Employee Benefits Education
Understanding the financial benefits available to them can empower partners to maximise their compensation packages. Lifetime offers tailored education sessions that help staff navigate and utilise their financial benefits effectively, ensuring they get the most from their employment.
These sessions will cover pension plans, health savings accounts, and other financial perks provided by Powersystems, equipping partners with the knowledge to make informed decisions about their benefits. By understanding their options, partners can optimise their financial resources and plan for a secure future.
Ongoing Support
Partners will have continuous access to Lifetime’s financial well-being resources, ensuring they can seek help and advice whenever needed. This ongoing support structure includes regular updates on financial topics, newsletters with tips, and access to financial coaches who can guide employees through specific challenges.
Moreover, Powersystems encourages a culture of open communication around financial well-being, fostering an environment where employees feel comfortable discussing their financial concerns and seeking support.
“At Powersystems, we recognise that financial well-being is a crucial aspect of our employees’ overall health and productivity,” said Chris Jenkins, Managing Director at Powersystems. “By partnering with Lifetime, we are committed to providing our employees with the necessary resources to improve their financial literacy and security. This partnership will not only support our partners in their personal lives but also contribute to a more engaged and productive workforce.”
About Lifetime
Lifetime is dedicated to enhancing the financial well-being of employees across various industries. With a focus on delivering practical financial education, planning, and resources, Lifetime helps organisations create a culture of financial literacy and empowerment. They have supported thousands of employees in improving their financial knowledge and achieving their financial goals.
For More Information
To learn more about the financial well-being services available through Lifetime, please visit Lifetime’s Financial Well-Being at Work page
Notes to Editors:
Contact Information:
- This article is written by Jules Daly, Marketing and Communications Manager at Powersystems.
- Email jules.daly@powersystemsuk.com Telephone 01454 318000
- Photography Copyright please credit all images used to powersystemsuk.co.uk
Powersystems are powering the transition to a carbon free future
Powersystems is a leading high voltage specialist electrical engineering company with over 47 years of experience. Renowned for its expertise and reliability, Powersystems has become a trusted provider of design, installation, and commissioning services for electrical infrastructure and grid connections across the UK.
As the first Lloyds National Electricity Registration Scheme accredited Independent Connection Provider (ICP), Powersystems has been delivering contestable grid connections at voltages up to 132 kV for 27 years.
Since 2000, Powersystems has successfully connected over 6.1 gigawatts of renewable energy to the UK electricity grid. Our projects span many sectors from onshore and offshore wind, solar energy, tidal and hydroelectric power, electric vehicle infrastructure, as well as generation installations for short-term operating reserves (STOR), combined heat and power (CHP), grid stability initiatives such as rotating stabilisers, battery energy storage systems (BESS), and commercial industrial private wire networks.
In collaboration with partners, Powersystems has connected 30% of all onshore wind farms in the UK, contributing significantly to the nation’s renewable energy capacity to collectively work towards a sustainable future to help the UK achieve Net Zero by 2050.
Our commitment to excellence is reflected in our integrated management systems, which are ISO accredited, and our rigorous approach to health and safety under the ‘Priority No.1’ brand, ensuring best practices across the industry.
Powersystems UK Ltd. is an employee-owned business that values the well-being of its employees, fostering an environment where innovation is encouraged, and everyone is empowered to share ideas and contribute to the company’s success.
Speak to Powersystems today
You can contact us as follows