We’re proud to announce that Hastee is a founding partner of the National Coalition for Workplace Savings, a government-backed initiative dedicated to helping more working people in the UK build financial resilience through workplace savings.
The savings gap is real
The numbers are stark. 1 in 10 working adults in the UK have no savings at all. A further 20% have less than £1,000 set aside, leaving them exposed to financial shocks that most of us face at some point: an unexpected bill, a broken boiler, a car repair that can’t wait.
More than 13 million people in the UK have low levels of financial resilience. That’s not a fringe issue. It’s a workplace issue, a productivity issue, and ultimately a human issue that employers are uniquely placed to help address.
What is the National Coalition for Workplace Savings?
Launched on 16 June 2026, the National Coalition for Workplace Savings is an employer-led initiative bringing together businesses, sector bodies, research organisations and savings providers to expand access to workplace savings schemes across the UK.
The Coalition was established as part of the government’s Financial Inclusion Strategy and is convened by the Money and Pensions Service, Nest Insight and The Investing and Saving Alliance (TISA). It is backed by HM Treasury.
Its goals are straightforward: increase the number of UK employers offering workplace savings, raise participation rates among employees, and ultimately increase the number of people who have a meaningful savings buffer behind them.
Why workplace savings work
Workplace savings schemes make saving easier by removing the barriers that typically get in the way. Rather than relying on individuals to remember to save, or to have enough left over at the end of the month, payroll savings ensure money is set aside on payday, before it can be spent elsewhere.
The evidence is compelling. In Nest Insight’s real-world trials, 9 in 10 employees were happy or neutral about workplace savings being offered by their employer. The impact goes beyond personal finances too: employees with savings are more focused, more productive, and less likely to be absent from work. Financial stress is one of the biggest drains on workplace performance, and savings are one of the most effective ways to reduce it.
Hastee’s role as a Coalition Partner
As a Partner of the National Coalition, Hastee brings its workplace savings solution to the table, helping employers make it easy for their employees to save regularly, directly through payroll.
Hastee enables employees to build an emergency savings buffer through simple, automatic payroll contributions. It’s designed for accessibility, reaching the people who most need support to get started with saving, particularly those in frontline and hourly-paid roles where financial vulnerability tends to be highest.
A coalition that matters
The National Coalition for Workplace Savings represents something we’ve long believed at Hastee: that financial wellbeing isn’t just a nice-to-have benefit. It’s a business imperative and a social responsibility.
We’re proud to be part of a movement that includes organisations like the Co-op, First Bus, Next, Travelodge and Stepchange, all committed to raising the bar on employee financial resilience across the UK.
If you’re an employer who wants to understand how a workplace savings scheme could work for your business, we’d love to talk.
