Payroll Savings for Employers - FAIRshare Credit Union

Promoting Safe Money Management for Colleagues

A staff benefit you can offer to help improve financial well-being.

Would you be able to identify colleagues who may have difficulties with their personal finances?

Payroll savings are a confidential and additional benefit you can offer staff so that they can make manageable and affordable savings for those emergency payments. Doing this through the ethical approach of FAIRshare credit union means your colleagues are in good hands. This avoids them being vulnerable to loan sharks and other unscrupulous organisations.

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Benefits to the Employer

NO cost to you
There is a small administrative role when processing payroll and transferring funds by BACS to FAIRshare, like pension deductions
Keeps local money in the local economy
Complements CSR and ESGs
Can enhance recruitment and retention of staff

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Benefits to the Employee

NO cost to your employees
Encourages employees to create an emergency fund
Supports employees with safe money management
Confidential service
Savings automatically deducted at source
Benefits of FAIRshare membership – access to manageable, affordable small loans

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Some of our Partners already enjoying the benefits of Employee Payroll Savings…

We’d love to hear from you.

Do you have a question about FAIRshare services? Our team is ready to answer all your questions.

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TELFORD BRANCH

Unit 3, Southwater Square
Southwater Way
Telford
TF3 4JG

Tel: 01952 200200

Branch Opening Times

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FAIRSHARE CREDIT UNION IS AUTHORISED BY THE PRUDENTIAL REGULATION AUTHORITY AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY AND THE PRUDENTIAL REGULATION AUTHORITY (FRN 213429). OUR MEMBERS’ MONEY IS ALSO PROTECTED BY THE FINANCIAL SERVICES COMPENSATION SCHEME (FSCS).

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