Kernow Credit Union

Payroll

Payroll for Employers

Kernow Credit Union are partnering with local employers who support our aims of encouraging people to save regularly, borrow wisely and support the local community.

These employers allow members to save directly from their wage.

Interested in partnering with us?

Becoming an Employer Partner is a great way for your business to be involved with the local community and enhance your corporate social responsibility that can change lives. By partnering with us, together we can bring an employee benefit that can change lives.

Our members tell us that saving direct from their pay is the easiest way to build up a nest egg or save for something special such as Christmas or holidays.

“What we don’t see we don’t miss!”

Benefit to you

  • Financially stable staff are more productive.
  • Money worries can cause stress and anxiety. Encouraging your staff to save can alleviate this.
  • We’ll promote your business.
  • Partnering with us is a form of Social Corporate Responsibility.
  • You will be helping your local community.
  • It’s a free service (requires a little admin, that’s all).

Benefit to your staff

  • Easy way for staff to save.
  • Helps staff to take control of their finances.
  • Helps build financial security.
  • Encourages the savings habit.
  • Can alleviate money worries and stress.
  • Access to affordable credit at reasonable rates of interest.
  • No cost loan cover in the event of death. (Terms & conditions apply).
  • A range of value for money services.

What does being an Employer Partner entail?

Where practical, you can choose to offer employees a simple payroll deduction facility to enable members to have their savings and loan repayments deducted direct from their salary. If you are not able to offer this facility, we are still interested in discussing how we can work together.

Allocating a nominated representative to coordinate the payroll deduction facility within the company.

Enabling and assisting the credit union to market the benefits of joining through activities such as literature within staff payslips, articles in staff newsletters, information on staff notice boards, articles on company intranets, delivering presentations at staff meetings, forums, incorporating the credit union within the induction materials etc.

Encouraging interested staff to become a Workplace Champion or Representative, acting as a point of information and sign posting interested individuals.

We would be happy to come and discuss the service in more detail with you or even your staff to gauge their interest. The admin to set-up is minimal and we will even help you promote the service. If you would like to hear more about what is involved in our Employer Partner service, please do not hesitate to contact our main office.  

Frequently Asked Questions