Payroll Deduction

Payroll Partnership

Payroll Deduction for Loans and Savings

Employee

As an employee you can have some of your pay paid directly into your Wyvern Saving account. This way you can build up your savings without any hassle and whilst barely noticing that the money has gone. You may also be eligible for a Payroll Loan at a much more attractive interest rate. Payroll loans are available at rates of 9.4%APR to 12.7%APR. See below to check if your employer is a Wyvern Payroll Partner

  • I am over 18
  • I am looking to save directly from my salary
  • I am looking to borrow between £500-£7,500 and repay directly from my salary

Employer

As an employer, knowing your employees' finances are not a worry or distraction is of great benefit. As a Wyvern Payroll Partner, your employees will have access to affordable loan products, and be offered advice and support to encourage savings and manage their money. Working with Wyvern will also help promote ethical banking and support your local community. In addition all savings with Wyvern are protected under the Financial Service Compensation Scheme, so you can be assured that your employee’s savings are safe and secure. If you are interested in your workplace offering payroll deduction for your employees then please contact our office.

  • Promote financial well being within your organisation
  • Reduce employee turnover and absenteeism
  • Support your local community

To contact our Payroll Accounts Manager please email admin@wyvernsandl.co.uk.

 

Payroll Partners 

  • ASM
  • Dorset Council
  • Dorchester Town Council
  • NHS
  • Amsafe
  • Sunseeker International

If you are an employee of one of the companies listed, you are eligible to take advantage of payroll deduction for savings and loans. If your employer is not listed you and your colleagues may wish to draw attention to the benefits of Payroll deduction, or wish to encourage your workplace to offer payroll deductions for you and your colleagues

Benefits of Payroll Partnership Scheme