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Payroll Deduction Scheme  - Employers Information

What's in it for me?

A free employee incentive that will help you and your team. 

  • Free and easy to set up

  • A route to increase staff retention & engagement by over 50%

  • Remove the hassle of employees requesting salary advances for small emergencies

  • mprove staff retention cutting costs incurred in staff replacement and reducing lost production time

  • Support your local economy by saving with our co-operative

 

46% of British workers are struggling with their finances*

70% have little or no savings*

Employee financial distress drives down productivity and increases attrition

Your eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme and UK Deposits Guarantee Scheme.

Authorised by the Financial Conduct Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority FRN 213707

© 2025 First Choice Credit Union All rights reserved.

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