WorkLife April 2017 | Page 3

EDITOR’S LETTER WELCOME Every year brings new legislations, codes of practice and changes for businesses – and 2017 is predicted to do the same. Many people would agree that 2016 wasn’t the best year yet – whether that was because of the Brangelina break- up or the shocking political landslides. And in the working world, the salary sacrifice changes announced in the Autumn Statement, the increase in the National Living Wage and Britain’s exit from the EU, were enough to give employers a busy first quarter. 2017 is also expected to see changes in the pay and benefits space come into force, with several more to follow in 2018. As the changes come into place, it will be essential for organisations to prepare for them without damaging their engagement levels. One area where individuals may require more support could be on their finances. Neyber’s DNA of Financial Wellbeing report found that financial worries are costing businesses £120bn a year, with approximately 17.5 hours lost a year due to employees taking time off work because of financial stress. This has also been proven to impact the mental health of those affected, proving a need to cater for employees’ financial wellbeing. To read the full article on this see page 16. I’m excited to announce that WorkLife will cover industry specific topics, acting as a guide for managers, employers, HR professionals and business owners. There’s plenty to consider in this first issue, from understanding salary sacrifice to love in the workplace and managing the office tea round. As the first quarter comes to an end, take the opportunity to think about the needs of your employees, both personally and professionally, and find ways to keep them engaged and motivated. For the latest research, news, and tips and tricks, visit our website at perk.so/perkboxblog. If you’re in HR, a professional manager, or an employer, and have a great strategy in place, get in touch with me on [email protected]. I hope you enjoy the first edition of our brand new magazine! Sonia Rach Editor CEO & CO-FOUNDER Saurav Chopra CMO & CO-FOUNDER Chieu Cao EDITORIAL Sonia Rach: [email protected] Mina Pampus: [email protected] Hannah Sims: [email protected] @perkbox DESIGN: Jenny Crawford: [email protected] Jonny Mayes: [email protected] Kellie Marsh: [email protected] Kristine Prigarska: [email protected] PR Andrea San Pedro: [email protected] SALES: Rhys Pedrick: [email protected] EVENTS Maddie Pozlevic: [email protected] ADDRESS: Perkbox Ltd 22 Tudor Street London EC4Y 0AY United Kingdom 3