A Stronger Business Starts with a Financially Healthy Team
Give your employees access to ethical savings and affordable loans directly through payroll. It’s a simple, cost-free benefit that helps reduce financial stress, boost focus, and improve overall wellbeing, strengthening your team and your business.
The Citysave employee benefit scheme makes it easy to support your team’s financial resilience. By helping employees save directly from their pay and access fair loans, you reduce financial stress and create a more stable, productive workforce, at no cost to your organisation.
What Do Employees Get?
Building a financial cushion doesn't have to be a struggle.
Save Directly From Payroll
Make saving simple. Employees can save automatically from their pay, helping them build a cushion for life’s unexpected moments or plan for future goals like holidays or home improvements.
Payroll Loans
Employees can borrow responsibly when needed, with repayments handled automatically through payroll deduction. It’s a fair, transparent alternative to high-cost credit, helping them stay in control of their finances.
Key Benefits For Your Business
Financial Wellbeing
Help your employees build confidence and stability, improving focus and productivity across your organisation.
Cost-Effective
Provide a valuable financial wellbeing benefit at no cost to your business, reducing absenteeism and boosting retention.
Community & CSR Impact
Show your commitment to responsible business by supporting a local, ethical credit union. Payroll saving aligns with your CSR goals and contributes to the UN Sustainable Development Goals (SDGs) for financial inclusion and reduced inequality.
How the Scheme Works for Your Business
We make setting up the payroll deduction scheme straightforward and simple. Our six-point process ensures a smooth implementation from start to finish.
Written Agreement
We’ll set up a clear payroll deduction agreement with your business.
Launch Communications
Receive ready-to-use materials to promote the scheme to your employees.
Secure Data Exchange
Agree on a contact point and establish a secure process for payroll data.
Monthly Payments
Send one consolidated payment and deduction summary each month via secure email.
Ongoing Support
Benefit from over 30 years of experience, we’re here whenever you need us.
No Employer Liability
Your business has no responsibility for employee loans.
Frequently Asked Questions
Is there a cost to our business to implement the scheme?
No, there’s no cost to your business. Citysave covers all lending and administrative responsibilities. The payroll saving scheme provides a valuable benefit to your employees, improving financial wellbeing and focus, without affecting your organisation’s budget.
What is my business's liability if an employee defaults on a loan?
There’s no liability for your business if an employee defaults on a loan. Citysave manages all aspects of lending and repayment directly with the employee. Your business is not responsible for any financial commitments made by staff through their credit union membership.
How much work is involved in setting it up?
Setup is straightforward and fully supported at every stage. We handle all communications and provide clear guidance for your payroll team. Once in place, your only task is to process one simple monthly deduction, keeping the process light-touch and efficient.
How is employee data handled?
All employee data is handled with strict security and confidentiality. We work with your payroll team to agree on a secure process for transferring payroll information. Citysave is Cyber Essentials accredited, meaning our systems and data practices meet government-backed standards for cybersecurity protection.
Citysave has supported employers across the West Midlands for over 30 years. Our team ensures every step of setup and delivery runs smoothly, securely, compliantly, and with minimal admin for you
Hear From Our Partners
Life is Easier With The Citysave Mobile App
Manage your money on the go, check balances, make withdrawals, and stay in control of your savings anytime, anywhere.
