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…
“If only I could give these guys 6 stars I absolutely would. The customer service agents are nothing short of first class and will deal with any queries with care and professionalism. ”
Iain Burnett
“I have had a great experience with salary exchange it was easy to apply and the money was in my bank straight away ”
customer
“Easy to use and very quick response ”
customer
“I can’t rate this company enough it’s an absolute god send when u have an unexpected bill, money goes straight into your account within minutes of your request, so simple to register.”
Karen T
“best service before salary give money thanks ”
Sarfaraz Ussenbai
“Salary finance is great service for financial help. Not only they help with finance they also cal help on your health well beings.”
Salman hussain
“I appreciated how simple it was to leave feedback and how quickly my review was published. It felt like my opinion genuinely mattered, and I was able to make better purchasing decisions by reading exp...”
Nathan Cottey
“The customer service was very helpful when I was having problems with my account. They sorted our my queries,also followed it up with an email to make sure I was satisfied ”
Unassigned
“When u need they are there”
ANDREI SOFRONIE
“Always handy when I need some extra money, quick and easy to apply and the money clears very quick too”
Jonatas Petrica
“Like a Financial Hug… But Quicker
When you think of life’s great surprises—like surprise birthdays, surprise engagements, or surprise flat tyres—it’s always nice to know there’s somethi...”
Darrell Stockton
“Great idea , very helpful way to use your own money if your abit short ”
Carl Gifford
“I was happily surprised at how easy it was to apply for. It was also very quick to do and the money was in my bank very quick. I would highly recommend this service.”
Geoff North
“Very fast and easy to use”
alex
“Incredibly fast and smooth process – the money was in my account in under a minute! Super low fee and no hassle at all. Highly recommended for anyone needing a quick salary advance.”
MARIO W
“So quick, easy and efficient hard times for us general population, and salary date unexpectedly changed to later than thought. Flat rate fee.
Chanel Lawrence”
Ms Chanel Lawrence
“Easily done and money was in my bank in minutes ”
Gabriela Martinez
“Anytime absolutely helpful and amazing service and Top Class Customer service Advisors
Thank u for everything always!!!”
customer - Dariusz
“Absolutely fantastic trying to fill the online form in was a bit tricky as I kept glitching but it was a very quick form and a very quick response very well explained and very quick in transfer of fun...”
Charlotte Roads
“So simple , quick and easy to do.
No intrusive questions and it really helped me with a small advance due to change in pay days.
Would recommend as a first port of call.”