EMPOWER EMPLOYEES TO BUILD A SAVINGS HABITStarting to save can be difficult. It’s tempting to spend what you earn and can be hard to get into a savings habit.
By providing a salary-linked savings account with Salary Finance you can help your employees start saving, and keep up the habit without having to think about it. This is a simple way to help your employees build a savings reserve and become more financially resilient.
HELP EMPLOYEES BUILD AN EMERGENCY FUND
AND PLAN FOR THEIR FUTURE
70%Of Brits save less than £100 each month. (Source: Salary Finance Employer’s Guide to Savings in association with YBS)
17 MILLIONThe number of working-age Brits have less than £100 in savings (Source: Money Advice Service)
30%The amount of Brits have less than £500 in rainy day savings. (Source: Salary Finance/One Poll Rainy Day Survey)
Save avoids any feeling that money is lost when transferred into a savings account. By linking to salary, saving happens automatically, and before pay hits an employee’s bank account. Employees can just sit back and watch their savings grow with no need to set up direct debits or standing orders.Get in touch
The Yorkshire Building Society (YBS) savings account is FSCS protected which means your savings – up to £85,000 – are guaranteed by the government which means your savings are safe.Ask about employee savings
ACCESS ANY TIME
The savings account is instant access which means employees can take money out as they need to. They can also adjust how much they want to save whenever they need to – helping them manage money flexibly.Speak to our team