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How Will the New Auto-Enrolment Pension Scheme in Ireland Work?

What’s happened? The Irish government has released its proposals and is consulting over how the new auto-enrolment pension scheme could operate. Under the new proposals for auto-enrolment in Ireland, employees, employers and the State will each make a contribution. Why? Currently, in Ireland, just 47% of all employees, and 35% of private sector employees have

What Elements of Behavioural Economics Can Employers Build into a Financial Wellbeing Strategy?

Nudge Appears in Employee Benefits Feature on Behavioural Economics in Financial Wellbeing Jeremy Beament, Co-Founder of Nudge, appears in the March edition of Employee Benefits in a piece that examines what elements of behavioural economics employers can build into a Financial Wellbeing strategy. The feature looks at how: Behavioural economics can be used to nudge

HR Magazine – To Nudge or Not to Nudge?

What’s the use of Nudge theory in HR? Can and should HR teams use Nudge theory to give their people just a little push? This month Nudge Co-founder, Jeremy Beament, spoke to Rob Gray for HR magazine. The article examines the enormous potential for Nudge theory to be used to significant effect in HR. Read More

How to Use Behavioural Psychology to Help Your People Reduce Their Debt

“Have You Been Worrying More Lately?” With recent research showing that one in five (21%) UK adults are struggling with debt and money worries, and many saying that their mental health has deteriorated as a result¹, financial stress is a serious threat to both employees and employers. But what can employers do about it? Insights

Nudge Features in The Guardian – Nudge, Nudge: Mind Tricks to Stretch your Student Budget

Student Budgets – How Simple Changes to Behaviour Can Help Students Spend Smarter at University Jeremy Beament, Co-Founder at Nudge appeared in today’s Guardian discussing how Nudge techniques can be used by students to make big differences to their cash flow. The key is using behavioural psychology techniques associated with commitment saving – giving yourself

What Does Behavioural Psychology Have to Teach Employers?

“If you needed an organ transplant today, would you take one?” – Register here to donate your organs.’ This campaign inspired 96,000 people to register, for the first time, as an organ donor. Would you have been one of them? Since the rise of Thaler and Sunstein’s ‘Nudge theory’ to global prominence in 2008, the

How Nudge Theory relates to decision making

Thaler and Sunstein’s ground breaking work  on ‘Nudge’ theory showed how Behavioural Economics could help people make smarter choices about everything from saving more to eating more healthily. But what is it? Put simply, their evidence shows that telling people what to do (“You must pay this bill or else”) doesn’t work. Not only do