17910 - Salary Schemes for Employees

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? W
    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? ie. nurses, medics, corporate staff etc. 
  4. Does your trust offer financial wellbeing advice?
    a. If so, please state the name of your provider?
    b. What is the contract start and end dates?
    c. What is the annual cost to the organisation in 17/18?

Salary Advances

1.    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?

2.    What payment period is offered? ie. daily advances, weekly advances?
3.    Which staffing groups access the salary advances?
4.    On average, how many workers access this facility per week and per month?
5.    What is the cost to the workers to receive salary advancements? 

Salary Sacrifice

1. Does your organisation offer salary sacrifice schemes?
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.    What type of schemes does the organisation offer? ie. car parking, childcare vouchers, technology etc?

 3.    Has the organisation seen an improvement in staff retention or engagement because of the utilisation salary sacrifice schemes?    

 a. If yes, please provide further detail

  • Reference:
    17910
  • Response:

    Salary Loans

    1. Does your organisation offer salary loans?
      No
      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? W
      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?
      N/A
    3. How many employees have signed up to this service? What is the employee split by staffing group? ie. nurses, medics, corporate staff etc. 
      N/A
    4. Does your trust offer financial wellbeing advice?
      N/A
      a. If so, please state the name of your provider?
      b. What is the contract start and end dates?
      c. What is the annual cost to the organisation in 17/18?

    Salary Advances

    1.    Does your organisation offer faster salary payments? i.e. access to salary advances
    NO
    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.    What payment period is offered? ie. daily advances, weekly advances?
    N/A
    3.    Which staffing groups access the salary advances?
    N/A
    4.    On average, how many workers access this facility per week and per month?
    N/A
    5.    What is the cost to the workers to receive salary advancements? 
    N/A

    Salary Sacrifice

    1. Does your organisation offer salary sacrifice schemes?
    Yes
    a. If so, please state the name of your provider?
    Childcare Vouchers – Sodexo
    Cycle to Work – Cycle Solutions
    Car Scheme – Tusker/CPC
    b. When did the trust go live with this service?
    Childcare vouchers – East Anglian Ambulance went live in March 2003 and Essex Ambulance in May 2004, this has been in place since East of England Ambulance Service was amalgamated in July 2006.
    Cycle to work implemented 1 October 2018, launched to staff week ending 21st October 2018
    Car Scheme went live the week ending 28th October 2018
    c. When does the contract end with your supplier?
    Childcare vouchers – due to HMRC changes this closed to new members since 5th October 2018. Supply agreement remains in force for existing members until terminated
    Cycle to work: Supply agreement continues until terminated with 6 months’ notice by either party
    Car scheme: October 2022
    d. What is the annual cost to the organisation in 17/18?
    Childcare vouchers - £20,770.47 with Sodexo
    Cycle to work – Nil, scheme not present
    Car scheme – Nil, scheme not present
    2.    What type of schemes does the organisation offer? ie. car parking, childcare vouchers, technology etc?
    Currently Childcare Vouchers, Cycle to Work, Car Scheme

     3.    Has the organisation seen an improvement in staff retention or engagement because of the utilisation salary sacrifice schemes?
    Yet to be determined
        a. If yes, please provide further detail
    n/a

  • Area:
    Trust wide
  • Category:
    • Human Resources
    • Finance and Procurement
  • Month:
  • Year: