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…
“Really handy tool to have when you find yourself in a pinch with unexpected expenses. Definitely saved me a headache !”
Andy Mairs
“Very easy to do fast and efficient for a tiny fee would highly recommend this ”
MR NAQQASH HUSSAIN
“Wish I knew about this much earlier.
I experienced the easiest and quickest application process ever.
I have already recommended a few people.”
Godfrey Ngobi
“Quick and easy, real life saver for those unexpected issues!”
Jack Street
“helps you through rough times especially if you know you are struggling with monthly pay but this helps a lot grateful that there is a company like salary finance suggested it to everyone and they rea...”
Bk
“Advance has been an absolute life saver for both me and my partner when we need that little bit extra :) no hassle and no worries”
Melanie Smith
“Absolutely love this company , I can’t fault it at all, great service from start to finish ”
Anonymous
“Life saving salary finance help me lot . Rather then borrow money from friend.”
Jahangirr A Alomm
“Really helpful when needing to access money in advance from your pay early. Everything is clearly explained and the money has always gone in to my account within the hour. ”
Callum
“Helpful and really easy to use ”
Chris
“It’s really handy when you needed an emergency fund. ”
Michelle Recate
“I’ve enjoyed it, they are fast and reliable. Easy to use ”
Bradley Naylor
“Salary finance has always been a quick and easy way of getting a wage advance in a pinch. Site is easy to navigate and money has always been in the account within the hour in my experience. You are al...”
Jemma White
“So easy to navigate and quick responses .very clear and easy to understand,,no hidden criteria
Took half hour to process and my request was paid in 15 minutes
Fantastic !!!”
George Wright
“Never any issues, nice, simple and useful. ”
Sandra
“I have used Salary Finance in the past through my workplace, they did come under a different name then but it is still the same company. Offered a fair rate and work with my workplace to take from my...”
Mr A Jones
“Super quick process & money was transferred the same day.”
Kelly Graham
“Brlliant idea and a brilliant company. Really easy and efficient. Can't fault it at all ”
Chris Whitehead
“Hi , great service and quickly, I am enjoying anytime get bridge before end of my salary coming.
Thanks”
Yassin
“It's really helpfull to me and in emergency it always helped me alot. I am thankfully to those who came up with this concept ”