Even before the cost of living squeeze, the impacts of Covid-19 have led many employees to struggle more with their finances – putting huge pressure on their mental health and ability to be productive at work:
53% struggle more with their finances since Covid-19
2x as many worry about their financial situation every day
95% of those say it has a negative impact on their mental health
43 million hours are lost each week to poor financial wellbeing
40% say their financial situation affects their ability to be productive
Supporting the financial wellbeing of your people now is one of the most effective ways you can improve their personal and professional lives.
We surveyed 1,000 working people across the UK to uncover the financial wellbeing and mental health impact of the cost of living squeeze.
By downloading this report, we hope you’ll find greater clarity and a deeper perspective on how poor financial wellbeing is affecting productivity and costing your business.
Salary Finance exists to help people take control of their money. Our mission is to improve the lives of working people, helping them become debt-free and save towards their financial goals.
This means creating products that always put the needs of the people using them first. No compromising, ever. Just great products that help people with their day-to-day lives.
We provide financial education, savings, affordable borrowing, salary advances and world class financial education.
We are the largest employee financial wellbeing provider in the UK, helping over 4.5 million UK employees...and counting!
So, why Salary Finance?
Holistic wellbeing is not a buzzword for us
We’re complex beings and the areas that make up our health are interdependent. The link between our mental and financial wellbeing is undisputed. Investing in someone’s financial wellbeing, means investing in their overall wellbeing.
We like to keep things simple
We've had a few late nights, early mornings and countless coffees to create our own in-house world-class technology. This means a simple and straightforward process for your people and payroll team - always.
Our job is to help you
We’ve partnered with some of the largest and most complex organisations in the UK. Every business has their own unique challenges - complex payroll systems, a diverse and dispersed workforce. Our job is to take the hassle out of launching a new benefit away from you, and into our hands to make it happen smoothly.
How we help millions of employees
Watch the following videos to see how we improve financial wellbeing at some of the UK's largest organisations
“Salary Finance was the easiest loan I ever dealt with - and it helped improve my credit rating”
2:16
Matthew Bartlett
Legal Advisor
“A great benefit to improve employee financial fitness and mental wellbeing”
2:51
Emma Thomas
Head of People
“Salary Finance has completely changed my outlook on life - I am a lot more confident now”
2:36
Lerisse Johnstone
Associate Vendor Partner
“My future looks a lot brighter now that I'm back in control of my finances”
3:48
Jordan Davies
Commercial Sales Trainer
“It's like a weight off your shoulders - our NHS Trust has really hit the mark here”
2:50
Sarah Crowe
Senior Diabetic Retinal Grader
“When we listened to our colleagues, we learned that this was the sort of benefit they really wanted”
2:18
Wayne Hall
Head of Colleague Experience
Getting started is easy
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Don’t take our word for it…
“Excellent customer service and financial support. Transactions are very quick and smooth. I received my money in my bank account within sec. Excellent services.”
Mr Lartey Jnr
“Really helpful in times of need and very affordable interest rate☺︔
ariannexyrhiz cajayon luna
“In a matter of minutes you’re saved from the embarrassment of calling friends and relatives asking for money ”
Taguma Mutandachinga
“Great service and fast ”
Jordan Bryce
“I work in Software company and I was need low interest rate finance to buy a car for my wife. I've got my approval within 2 day and when I signed aggrement funds arrived within minutes.”
Nick Brown
“Such a relief when your car or washing machine breaks down knowing that you can borrow a little of your wages straight away ..its nice knowing you've not got to wait till you next get paid..thank you ...”
diane moore
“Had a great experience, very efficient and professional. Good interest rates and the money was transferred extremely quickly. 10/10”
Paul Dillon
“This makes it very easy to manage my finances by accessing my salary any time any day with no hidden charges ”
Simi Vic
“Quick, good! ”
Gergo Hoffmann
“Quick & easy processing and the money was in my account in no time.Very please.”
FB
“Straightforward and really helpful in times of need.”
Lean Sioting
“First time using the service and the process was clear, smooth and with no guess work needed to understand what had to be done for the great results in the same day. Brilliant service 5*****”
Leon O. Braithwaite
“So good and handy. Really helpful team aswell”
Abbie Fisher
“The process was straight forward once everything was approved with employer. Customer service was also great when contacted and had matters resolved with great urgency.”
Kev Toner
“Fast helping hand ,highly recommended 👌 ”
Irena Kazakeviciute
“Quick and easy process, was able to go through everything on my break. Details verified via my employer. Money in my account same day. Would definitely recommend”
Nia aka kindness bubbles
“Fast response easy to do no complicated forms to fill quick decisions ”
Ms Patricia Todd
“The whole process is very simple and money was in my bank I think on the same day or the day after - a great way to get an advance in salary for such a little charge. Definitely much better than using...”
Consumer
“My experience with Salary Finance was first class I applied for a lone online and it is made so easy and there is not alot of paper work to fill in
And my cash was in my account within minutes great s...”
Charles Howie
“Amazing company very easy to use. No stress as money is arranged to be taken out of salary deductions. Very easy highly recommended 👌 ”