Employer Benefits

"As an employer we could help you"

Employer Benefits

If you are an employer in Hull and East Yorkshire we can provide you and your workforce with some very valuable benefits:

What’s in it for my business?

• Encouraging your workforce to become Members of Hull & East Yorkshire Credit Union and save by direct payroll deduction is a useful employee benefit that will help you to recruit and retain staff;

·        You will benefit from the good publicity associated with supporting a trusted local financial institution that is tackling financial exclusion in the community by opening up access to financial services to all;

·        By fostering a responsible attitude towards credit and money management, we can help your Personnel Department with the welfare aspects of being a caring employer;

·        A workforce without money worries is a happy workforce and as a result absenteeism through ill health or stress is reduced;

·        Partnership with Hull & East Yorkshire Credit Union can enhance the corporate image of your business, as it indicates your commitment to the well-being of your employees and to the local community where you trade;

·        We provide services direct for our members such as The Health Scheme (everyday cash help with health costs), thus saving your Payroll Department having to administer a variety of such schemes.  Just one deduction does it all!

What’s in it for my employees?

·        When they join our Credit Union we can help them to save regularly and borrow sensibly within their means, on very affordable terms;

·        They gain access to a wide range of safe, convenient, ethical and great value financial services - including savings accounts, children’s saving, current accounts, low-cost loans and insurance services - that help them and their families to manage their money in the best possible way;

·        Over the years Hull & East Yorkshire Credit Union has gained an excellent reputation for providing friendly, efficient, caring and confidential customer care;

·        As Credit Union Members they would become part-owners of a successful locally-based co-operative business that gives them a share in the profits and a say in the way it is run;

·        There are opportunities to become a Credit Union Volunteer in their spare time, enabling them to learn new skills, make new friends and make a real difference to their community.  The skills gained are often transferred back to the workplace, to the benefit of the employer and employee alike.

Who is already involved with us?

Some of Hull & East Yorkshire’s major employers are already offering their staff added-value employee benefits via the Credit Union, as are some smaller concerns, including:

• ·        Hull City Council
• ·        East Riding of Yorkshire Council
• ·        Ambulance Service
• ·        Humber Bridge Board
• ·        Goodwin Development Trust
• ·        Several Housing Associations

In the rest of the UK just a few of the organisations providing their employees with this include: Greater Manchester Police, British Airways, Stagecoach Group and Arriva transport companies, News International plc and British Aerospace.

Worldwide, in the Caribbean, Australia, Canada and the USA employers like NASA, The White House and the US Navy all provide credit union services to their staff.

And the cost? . . .

Minimal to the employer.  All the administration of members’ accounts is done by the staff of Hull & East Yorkshire Credit Union.  All the employer needs to provide is free payroll deduction facilities and access to internal distribution networks for promotion of the scheme.

Additional support, such as secure office space, equipment and staffing assistance would of course add credibility to the partnership and help to expand the service at a faster rate.

What resources are available to promote Credit Union services to our mutual benefit?

We can provide you with some handy leaflets/joining forms explaining how easy it is for employees to save regularly with the CU direct from their pay.  Why not:

• Hand them out to all new starters?
• Give them out with payslips?
• Place them on staff notice boards or leaflet racks accessed by employees?

Do you have Team Meetings, Briefings or other events for staff?

If so, maybe we could provide a short presentation to tell colleagues what the CU has to offer. 10-15 minutes talk with slides, plus time for questions is ideal.

Have you a Staff Magazine or Newsletter?

We could provide an article to explain what the CU is all about.

Just let us know your copy deadline and the number of words required, and we will supply an article. 

Would you like a Roadshow?

We could put on a roadshow-type event, possibly over lunch time, that staff can “drop in” to.  Credit Union staff/volunteers would chat informally with colleagues, provide leaflets and help them with joining forms etc.

To find out more about becoming a partner with us, please contact us on 01482 778753 or info@hullandeycu.co.uk

You can also view a 5 minute video about our Credit Union at www.streambusinesstv.co.uk