Case Study: Unum UK boosts employee financial wellbeing with Bippit

Unum UK boosts pension contributions by 40% with Bippit

Unum UK, a specialist employee benefits provider and Fortune 500 company, identified through employee feedback that financial wellbeing was a major concern and a missing piece in its support package. More than a quarter of its employees expressed a desire to improve their savings, highlighting that a salary alone was not enough to prevent money worries. To address this challenge, Unum UK partnered with the vendor Bippit to provide expert-led financial guidance for its entire workforce.

The solution implemented by Bippit gave every Unum UK employee access to a dedicated financial coach for free and tailored support via messaging and video calls. This partnership helped break the stigma around discussing finances and made expert guidance available to all. The results included employees being 40% more likely to increase their pension contributions, which also helped Unum UK save money by reducing its employer National Insurance costs.

Unum UK