Money Week is an annual initiative aimed at raising awareness around financial wellbeing among workers. In an industry where financial instability can affect both individuals and businesses due to irregular income, late payments, and project delays, Money Week serves as an important reminder to encourage better financial management, planning, and education.
During this week-long event, we're highlighting resources and courses that provide guidance on managing personal finances, understanding pensions, and dealing with debt. The construction industry often employs a large proportion of self-employed workers and subcontractors, making financial literacy crucial to their livelihood. By addressing financial stress, the initiative helps improve workers' mental health, job performance, and overall stability. |
For businesses, Money Week also focuses on promoting fair payment practices across the supply chain, ensuring that subcontractors and workers are paid on time. This, in turn, can enhance relationships between contractors and suppliers, contributing to a more resilient and productive industry.
Money Week plays a key role in fostering financial resilience within the construction sector, leading to a healthier workforce and more sustainable business practices.
Money Week plays a key role in fostering financial resilience within the construction sector, leading to a healthier workforce and more sustainable business practices.