AXA staff get time off to manage cash

Phillips, Lucy
October 2007
People Management;10/4/2007, Vol. 13 Issue 20, p16
The article announces that financial services firm AXA has piloted a scheme in which staff are given one hour off a month to manage their money. According to the article, the scheme gave employees time to review and manage their finances with the help of online tools on budget planning, savings calculation and managing debt. Sonia Wolsey-Cooper, HR director, has urged other employers to take up the idea, which is also backed by the CBI and union Unite.


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