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 highly valued service financial services company with great service experience in lowest interest ”
Khalid Moufakkir El Housny
“Excellent service super fast, second time using them for a loan and never had any issues, and it’s so much cheaper than a loan from bank, wouldn’t go anywhere else for a loan now ”
Brian Scotland
“Excellent company for low interest loans and wage advances. It's a weight off the shoulders to know the money is deducted out of your wage every month, it encourages you to manage your money better. T...”
Stevie Woolridge
“Amazing for if you need a little top up before payday, the amount of times this has saved my behind when unexpected bills pop up”
BRENDAN EWER
“Was looking for a cheaper alternative as my credit rating isn’t the best. I didn’t get the amount I wanted but was still offered an amount. Easy application and was in my account in minutes. ”
Nathan Cottrell
“Wow, brilliant finance company. The application was fast and easy and the loan was in my bank a few hours after application. ”
Donna Fry
“Had a very good experience with salary finance, the process was easy and fast for what i needed.”
Reece Willmore
“It's easy, quick and transparent ”
PRANAVKAARTHIK PONNUSAMY
“Wanted to find a cheaper alternative to my credit card which was stinging me a considerable amount per month. Sallary Finance was fantastically easy and clear to apply for, and in just a few minutes i...”
Marcus
“It’s made life easier. I was really struggling to feed myself & children until pay day. This was so helpful & life saving”
Fifi
“Easy to set up and use. Really helps when it’s needed. Got me out of a lot of situations and easy to pay back without falling behind deffo recommend ”
Jake Reed
“Easy to follow clear and constructive, clear and very understanding so staight forward”
Jamie
“Kenwyn Cooper. Salary Finance has been an absolute game-changer for me. Their services are incredibly easy to use, transparent, and genuinely designed with employ...”
Kenwyn Cooper
“I recently found myself in credit card debt and was feeling quite stressed with it hanging over me. Salary Finance made the entire process incredibly easy and seamless — the funds were in my account...”
Scott Smith
“Hi my name is MARCO Gomes I’ve been using the Exceptional service and amazing customer service from Salary Finance for a while now and I can assure you that it is a super fast and reliable way to he...”
Mr Gomes
“When you’re struggling, they’ll always help ”
Njay Lingam
“Easy to understand and use.
Always helpful if need any assistance. ”
Emma Read
“Great company ”
Stephen Murphy
“Easy site to navigate never had any issues website well informed and easy to understand definitely 5*”
Scott Mcgaffin
“A lifesaver in this difficult and stressful times. Very fast and efficient as you have the money in your account straightaway.Highly recommend”