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
1
2
3
4
Don’t take our word for it…
“This app makes it so easy for you to get money for last minute plans or things such as birthdays and it’s not a scam and it’s very useful for busy people”
Liora Nyathi
“It's a brilliant service to help you out will payday, if I'm ever stuck I know I can rely on this for a small amount to keep me over ”
Maggie Allinson
“So helpful and responsive time very quick”
Lauren Haworth
“easy and flexible service. very quick and very handy.”
Vincent Robson
“Very easy to apply and money reaches your bank instantly, I would recommend salary finance to everybody.”
dan keiller
“Easy to use service with fast payment, all details explained clearly.”
Allan Hayward
““Salary Finance has been a lifesaver! Their quick and hassle-free process makes accessing funds easy whenever I need it. A reliable solution for managing unexpected expenses—highly recommend!†-...”
Myla Neri
“What a brilliant service, such a quick and efficient way to get your money in your bank and usually the same day.
I have used the loan service and got part of my wages early when I really needed it an...”
Adrian Ransford
“Money came very quickly into my account. No issues, hassle free.”
Saeed
“Amazingly easy to use, quick from approval to the money landing in your bank, really good fees 5*”
danny
“Easy and quick, helpful when you need an extra boost before payday when something unexpected happens. ”
Amy Bridges
“Quick, efficient, simple to use system, and very fast! You could not ask for a better service. ”
Christopher
“Having the salary finance available really helps during the not very good months.
When I know it’s getting to a point where I have no money and is struggling with bills or needing a bit extra for ga...”
Leesha
“Great service, really easy and just in time for Christmas, I love that I can pay from my wage before I get paid 10/10”
Stephen Dolan
“Dylan James Whitty -- Advance on your salary!? Whats not to love? <3”
Dylan Whitty
“quick and easy pay advance helped me out a few times when i needed it ”
david button
“Service was delivered brilliantly and reliable. Always good for when your in a tough place and would highly recommend”
Jonathan Whyte
“Great to use when you need the extra income. Very helpful and affordable repayments. Would definitely recommend”
Shaun
“Excellent company been helping me out for a while now best loan company u can get.”
Jason Barrett
“So easy to use in an emergency, cash is in the bank in minutes and the fee is tiny
Salary Finance has saved my bacon several times over the last few years”