Staff Loans

Coronavirus only proves that SMEs need employee benefits

Employee benefits have already proven their worth during the Covid-19 pandemic, but Steve Herbert believes they’ll become more important to...

Employees’ money worries ‘costing employers billions’

16 Dec 2019

Financial worries are costing employers billions every year in absenteeism, lost productivity and turnover costs – but organisations are doing...

Continue Reading Comments { 0 }
company car

Employee perks at a 12-year low

22 Jul 2019

Corporate cost-cutting has made perks less attractive for businesses to provide, causing their value falling to their lowest level since 2006-7.

Continue Reading Comments { 1 }

What if employees could access their wages early?

13 Mar 2019

Apps that allow employees to access their salary before payday are attracting high-profile investors and signing up major employers. But...

Continue Reading Comments { 8 }
Repay as you earn: could payroll-based borrowing offer better interest rates?

Repay as you earn: payroll borrowing to help employees’ finances

7 Oct 2015

Employers are used to staff repaying student or season ticket loans directly from their salaries, but they may not be...

Continue Reading
How to make loans to employees

How to offer loans to employees

10 Jun 2014

Many employers offer loans to their employees, but this practice can throw up some unexpected pitfalls of which employers should...

Continue Reading

RBS and Lloyds banks take on role of staff loan arrangers

28 Apr 2009

Two top UK banks are to offer their employees loans rather than bonuses. Royal Bank of Scotland (RBS) Group – 70%...

Continue Reading

Vodafone offers interest-free loans to staff hit by floods

20 Aug 2007

Vodafone employees who had properties or possessions damaged by last month’s floods have been offered £5,000 interest-free loans in just...

Continue Reading