Help your employees save as they earn.
In todays’ competitive market place, employers need to find new, cost effective, and innovative ways to set themselves apart.
And what better way to do this than providing a staff benefit that not only appeals to your employees, but is also good for your business and your community.
Along with competitive pay and a good working environment, employees may look for attractive benefits packages as an important factor when choosing where to work. While other benefits may cost money to employers, partnering with a reputable credit union won’t cost a penny – but adds value for employees.
Credit unions provide a range of financial services, from easy access savings accounts, to low rate personal loans – and through Payroll Savings schemes, employees can access these services directly via their salary.
The process of setting up a partnership with DCB is simple and we can provide all promotional material such as posters, newsletters, web content, and leaflets.
A financially stable workforce results in less absenteeism, less turnover in staff, and lower employer benefits costs. In other words – partnering with a credit union can have a positive impact for any company.
Here are some of our Employer partners currently offering their staff the benefits of DCB Payroll Savings:
If you are an employer and wish to offer this as a staff benefit, please contact us.
Saving direct from your pay can offer a buffer if things go wrong when you least expect them. Even a small amount of savings can soften the blow and help you avoid resorting to expensive borrowing.
Features & Benefits:
You’re in control – Save as much or as little as you like
Access to your money – No penalties for withdrawing your money, you can take it out whenever you want
Watch your money grow – dividends are paid annually (dependent on the financial position of the bank)
Easy to pay in – an agreed amount is deducted by your payroll department and paid straight to your community bank account
Ethical savings – by saving with the bank you are allowing other local people to borrow who would otherwise be unable to access high street lending.
As a member the maximum you can save with us is £15,000.
Responsible employers are always looking for ways to provide staff benefits to their employees. Financial worries are a huge concern to employers and workers alike. Debt can cause stress and depression which can lead to reduced productivity or even absences.
Do you know what state your finances are in? If not, get a clearer picture of your financial health with our links to money advice and support. Get to grips with your finances today!