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You asked:
Salary Loans
1. Does your organisation offer salary loans?
a. If so, please state the name of your provider?
b. When did the trust go live with this service?
c. When does the contract end with your supplier?
d. What is the annual cost to the organisation in 17/18?
2. Which staffing groups access salary loans i.e. nurses, medics, corporate staff etc.?
3. How many employees have signed up to this service? What is the employee split by staffing group? I.e. nurses, medics, corporate staff etc.
4. Does your trust offer financial wellbeing advice?
e. If so, please state the name of your provider?
f. What is the contract start and end dates?
g. What is the annual cost to the organisation in 17/18?
Salary Advances
5. Does your organisation offer faster salary payments? I.e. access to salary advances
a. If so, please state the name of your provider?
b. When did the trust go live with this service?
c. When does the contract end with your supplier?
d. What is the annual cost to the organisation in 17/18?
6. What payment period is offered? i.e. daily advances, weekly advances?
7. Which staffing groups access the salary advances?
8. On average, how many workers access this facility per week and per month?
9. What is the cost to the workers to receive salary advancements?
Salary Sacrifice
10. Does your organisation offer salary sacrifice schemes?
e. If so, please state the name of your provider?
f. When did the trust go live with this service?
g. When does the contract end with your supplier?
h. What is the annual cost to the organisation in 17/18?
11. What type of schemes does the organisation offer? I.e. car parking, childcare vouchers, technology etc.?
12. Has the organisation seen an improvement in staff retention or engagement because of the utilisation salary sacrifice schemes?
i. If yes, please provide further detail

Download response Salary loans, Salary advances and salary sacrifice. 011118