Experian and NHS partner to help improve employee financial health

Experian today announced its plans to work with the Nottingham University Hospitals (NUH) NHS Trust to help Trust employees manage their finances through the current cost-of-living crunch.

Two pilot “Money Clinics” take place this week, in partnership with the Staff Wellbeing Team, Advice Nottingham, a consortium of local consumer advice centres and money expert Emma Bates. The events will provide insights, support and guidance for the Trust’s 18,000 members of staff over a two-day period.

Experts will be on hand to answer questions from NUH staff, with topics including how to successfully build a credit score, dealing with credit refusal, applying for credit, budgeting, managing debt and claiming benefits.
For those who can’t attend in person, Experian’s Head of Consumer Affairs James Jones will be conducting an online introduction to credit score management in early April.

The Experian programme forms part of a broader support package the NUH has implemented for its workers, which includes, financial education and a financial toolkit, more affordable food options, advice on making affordable meals, salary sacrifice schemes, an NUH Buy Sell or GiveAway Facebook page and more. All the support can be found on the website Financial Wellbeing | NUH.

The partnership comes at a time when many people are struggling with rising living costs. Experian analysis has shown that 61% of consumers acknowledge that cost-of-living crisis is having a significant impact on their finances.

James Jones, Head of Consumer Affairs for Experian, said: “One of Experian’s core commitments is helping people to understand and make the most of their credit score so that they can take steps to improve their financial health. We’re really pleased to be launching this programme to bring extra support to the NUH team as part of the organisation’s wider cost-of-living support plans.”

NUH Chief Executive, Anthony May, said: “With the current cost of living crisis affecting us all in different ways, we know financial management can cause feelings of stress and anxiety.

“We are very grateful to Experian for hosting two financial fairs exclusively for all NUH staff to help with money management and financial wellbeing.

“Experian is a valued partner of NUH and we know they will provide sound advice for our staff. We hope as many colleagues as possible engage with the sessions.”

The two-day events will be held on the March 15 at the Queen’s Medical Centre from 8:30am – 3:00pm and Nottingham City Hospital on the March 16 at 08:30 – 3: 00.pm. NUH staff are able to drop-in to the fairs at a time that suits them or can pre-book a private 20-minute 1-2-1 session across a range of money topics.