If you would like to join the growing numbers of local businesses that offer PCCU’s payroll deduction scheme to your employees an attractive work benefit, which could increase productivity by decreasing exposure to financial stress, or would like more information then please fill in the contact form below and a member of staff will contact you.
PCCU will advertise, implement and run the scheme with no cost to you the employer or employee
We are more than happy to meet Managers, HR or employee representatives in order to give a short presentation on the benefits of our Payroll Deduction Scheme and how it would work for your business.
For employers the Payroll Deduction Scheme has many benefits. It is widely accepted that money problems results in stress and loss of productivity for businesses.
64% of workers have felt stressed, anxious or depressed because of their financial situation.
Helping employees handle money better and avoid debt can improve productivity
Chartered Institute of Personnel and Development
More than 11m adults in the UK (19%) have less than £100 in savings. 13% have no savings at all
According to the Health & Safety Executive (Nov, 2022) in 2021/22 stress accounted for 47% of all work-related ill health cases. They also highlighted that the total number of working days lost due to stress in 2021/22 was 17.9 million.
There are many benefits for an employer
- Encouraging staff to save, protects them from debt and financial problems
- Avoiding employee debt can help to promote productivity
- Enhances your Corporate Social Responsibility profile
- Staff who feel rewarded and motivated stay with a company
- Reduces need for pay advances and need for attachments of earnings, because of access to sensible borrowing
- There is no liability for the business
Alternatively if you are an employee who thinks your company could benefit from the scheme, you can leave details of the company you work for and we will endeavour to contact them, or send a link of the Payroll Partners section of our website found here or give the information about the scheme to your employer.
If you would prefer to phone and speak to a member of staff about the payroll deduction scheme please do so on 01282 691333.
It would be helpful if you can provide details of your name, business, position held at company, contact phone number and contact email address when you call us.