Capita supports employees’ savings goals with financial wellbeing platform.

Capita

In November last year, following a successful pilot scheme, Capita rolled out Level, a financial wellbeing and savings platform, to its 37,000 UK employees, most of whom are still working remotely.

The platform, which can be accessed via desktop or mobile, offers a range of financial features, including budgeting tools powered by open banking, salary-linked savings, early wage access, and financial education tools, as well as advice from the Money and Pensions Service.

Chief people officer Will Serle says: “These tools allow employees to easily keep track of their disposable income throughout the month, access instant earned-salary advances and automatically save part of their monthly wage into the best savings accounts typically reserved for those with large sums of money.”


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