With record-breaking living costs set to affect everyone, in-work poverty is likely to become a key employee engagement issue for employers across Greater Manchester.
To understand the causes of in-work poverty and to work together to prevent it affecting workers across the region, Manchester Credit Union is hosting a free webinar – Preventing poverty in Greater Manchester – with Greater Manchester Chamber of Commerce on Friday, March 25.
Manchester Credit Union Chief Executive Christine Moore said: “Although many people believe poverty does not affect those with jobs, a study by the Institute for Public Policy Research last year revealed that the majority of people living in poverty are actually employed.
“This is a timely and essential webinar for businesses in Greater Manchester given the difficulties your colleagues and our community could be facing right now with the soaring cost of living and energy prices set to double just days after our event.”
Speakers sharing their expertise on the subject include James Kelly, a Regional Partnership Manager from the Money and Pensions Service (MaPS), who will talk about how employers can support the financial wellbeing of their staff – and why they should.
He will discuss tools they have developed to help people improve their financial situation such as MoneyHelper – a government-backed service that provides free impartial advice and support to those who have found themselves in debt.
Cath Wohlers, LIAISE Manager with the England Illegal Money Lending Team, will share how managers can spot the danger of loan sharks who target colleagues in the workplace and where to direct employees for support.
Finally, Christine Moore will talk about Manchester Credit Union (MCU) and its services for Greater Manchester employers looking to support staff financial wellbeing, including BEESMART – MCU’s free-to-set up payroll deductions saving service – and its savings and loans products that are open to anyone working or living in Manchester, Bury, Rochdale, Stockport, Tameside, Trafford and the High Peak.
Employers can register to attend by visiting the Greater Manchester Chamber of Commerce website.