About Octopus Money
Octopus Money is a UK-based financial wellbeing platform that partners with employers to provide personalised financial advice and planning services to employees. Their mission is to alleviate financial stress and enhance employee engagement through one-on-one coaching and tailored financial solutions.
Perkwise Insight
Octopus Money Coach is a comprehensive financial wellbeing platform that connects employees with qualified financial coaches through one-to-one sessions. Unlike generic financial education programs, it provides personalised financial plans and ongoing support to help employees manage their money more effectively, reduce financial stress, and work toward their financial goals.
Small to medium-sized businesses seeking to improve employee financial wellbeing
Not listed, contact for more information
Supports over 200,000 employees from companies including Dentsu, Experian, Funding Circle and Farfetch
Key Features & Benefits
1:1 Financial Coaching
Connects employees with certified financial coaches for personalised sessions via video call.
Personal coaching creates accountability and helps employees overcome the specific financial challenges affecting their productivity and wellbeing.
Financial Wellbeing Assessment
Provides a comprehensive analysis of each employee's current financial situation through a structured questionnaire and coaching conversation.
Establishes a baseline for measuring progress and identifies the highest-impact areas for improvement, ensuring resources are focused where they'll make the biggest difference.
Personalised Financial Action Plans
Creates customised step-by-step plans for each employee based on their goals and circumstances.
Transforms abstract financial concepts into concrete actions employees can implement immediately.
Employer Insights Dashboard
Delivers anonymised data on program engagement, common financial challenges, and improvements in financial wellbeing.
Allows HR teams to demonstrate ROI and tailor broader benefits offerings based on actual employee needs rather than assumptions.
Implementation & Support
Setup Process
Implementation includes platform configuration, communication planning, and coach-matching. Larger enterprises might require a slightly longer to accommodate more complex integration needs.
Technical Requirements
The service is cloud-based with no special technical requirements beyond standard web browsers. Single sign-on integration is available for enterprise clients, and the platform works seamlessly on mobile devices.
Support Options
- Dedicated account manager (responsive within 1 business day)
- Email support (typical response time under 4 hours)
- Phone support during UK business hours
- Comprehensive implementation guides and communication templates