Are you an Employer in Angus, Dundee or North East Fife interested in being a Employer Partner?
Embrace a partnership that improves workplace wellbeing, drives and supports satisfaction and retention in your company. Empower your team.
Becoming an Employer Partner is a great way for your business to be involved with the local community and enhance your corporate social responsibility profile. By partnering with us, together we can bring an employee benefit that can change lives.
Our members often tell us that saving direct from their pay is the easiest way to build up a nest egg, or to save for something special such as Christmas or annual holidays.
"What we don't see, we don't miss!"
Equally, they also tell us repaying loans direct from their pay is a convenient way of making sure repayments are made and on time.
According to Money and Pensions Service 8 in 10 UK employees take money worries to work, affecting their performance in the workplace. Minimise financial stress and improve productivity by providing this service.
Source
94% of UK employees admit to worrying about money and, of these, 77% say that money worries impact them at work.
Close Brothers, The Financial Wellbeing Index (2019).
- Financially stable staff are more productive.
- Money worries can cause stress and anxiety.
- Encouraging your staff to save can alleviate this.
- Reduce potential cash flow issues caused by salary advances
- We'll promote your business.
- Partnering with us is a form of Social Corporate Responsibility.
- You will be helping your local community.
- It's a free service (requires a little admin, that's all)
Money & Pensions Service (MaPS), set up by Government, as an impartial provider of Money and Pensions guidance, and the largest provider of debt advice in the UK.
More on the benefits of payroll deductions and financial wellbeing in the workplace can be found on their website.
- Simple way for staff to save
- Free Life Insurance provided to all our members.
- Helps staff take control of their finances.
- Helps to build financial security.
- Encourages a healthly savings habit
- Can help alleviate money worries and stress.
- It's a local and ethical way to save.
A case study conducted with a Credit Union, testing incentivising savings and using staff champions as role models. 70% of employees enrolled in the scheme saved every months and were 18% more likely to do than non-members of a savings scheme
- Where practical, you can choose to offer employees a simple payroll deduction facility to enable members to have their savings and loan repayments deducted direct from their salary.
- If you are not in a position to offer this facility, we are still interested in discussing how we can work together.
- Allocating a nominated representative to coordinate the payroll deduction facility within the company.
- Enabling and assisting the credit union to market the benefits of joining through activities such as: including literature within staff payslips, articles in staff newsletters, information on staff notice boards, articles on company intranets, delivering presentations at staff meetings, incorporating the credit union within induction materials etc.
- Encouraging interested staff to become a Credit Union Workplace Champion, acting as a point of information and sign posting interested individuals
In addition to becoming an Employer Partner, there are several other ways for your organisation to get involved, such as promoting volunteering opportunities within Discovery Credit Union to your staff, such as volunteer Directors and members of specific subgroups, thus broadening their skills and experience.
If you would like to hear more about what is involved in our Employer Partner service, please do not hesitate to contact our office. We will be happy to send a representative to discuss the service in more detail with you.
