Support employee financial wellbeing with salary deduction
Money@Work is a free workplace financial wellbeing benefit that helps employers support their teams through salary deduction.
Employees can save and access fair, affordable borrowing through payroll, helping them build financial resilience and manage life's planned and unexpected costs.
Why workplace financial wellbeing matters
How does financial stress affect employees?
We can’t “switch off” from financial stress. It’s with us all the time. The extra pressure affects every part of our lives, including at work.
- 31% of employees say financial worries have negatively affected their work performance
- One in ten UK adults have no cash savings, while another 21% have less than £1,000 set aside for emergencies.
- 67% of employees say money worries affect their ability to do their job.
- 30% of employees would struggle to cover an unexpected £300 expense.
That's why financial wellbeing matters. Having access to fair savings and affordable borrowing through the workplace can help employees build resilience before unexpected costs become a crisis.
The impact of Money@Work
Together, we're making a difference.
When you partner with Money@Work, you're doing more than adding another employee benefit.
You're giving your team access to fair, affordable financial services while helping to build a stronger, more financially resilient community..
Together in 2025, we:
- Helped save our members £7.8 million in interest compared with higher-cost lenders.
- Provided £10.8 million in responsible lending, helping members manage life's planned and unexpected costs.
- Helped our members to build £8.9 million in savings, creating stronger financial foundations for the future.
- Supported More than 18,600 people across the South West to accessed fair savings and affordable borrowing.
Together with our employer partners, we're helping make people and communities better off.
Read our latest Social Impact Report to see the difference we're making, together.
How Money@Work helps employees
Financial wellbeing support that goes beyond advice
Money@Work gives employees access to practical financial wellbeing benefits through payroll that help them build stronger financial foundations, whether they're saving for the future or need fair, affordable support when life gets expensive.
Employees can:
✔ Save directly from their salary
✔ Build an emergency fund over time
✔ Save for life's big moments, from holidays to home improvements
✔ Feel more prepared for unexpected costs
✔ Strengthen their long-term financial resilience
✔ Fair and affordable support when they need it
✔ Simple repayments taken directly from their salary
✔ Flexible borrowing for both planned and unexpected costs
✔ Reduce reliance on higher-cost borrowing
✔ Support designed around real-life needs
What Employers say about Money@Work
Download our Money@Work guide
Discover how Money@Work can help strengthen your employee benefits, improve financial wellbeing and support your team through simple salary deduction.
Why employers choose Money@Work
Financial stress doesn't stay at home.
When employees are worried about money, it can affect wellbeing, productivity and engagement at work.
Money@Work gives employers a simple, practical way to support their team's financial wellbeing through salary deduction, helping employees build resilience while strengthening your overall benefits package.
Help employees build savings habits and access fair, affordable borrowing.
Offer a meaningful financial wellbeing benefit that supports employees throughout every stage of life.
Savings and loan repayments are collected through payroll deduction with minimal admin needed.
Money@Work is completely free to implement with ongoing support from our dedicated team.
Trusted by employers across the South West
Employers based in West Counties of England are eligible to partner with GWCU to provide the Money@Work programme to their employees at no cost.
Ready to support your employees' financial wellbeing?
Get in touch
How it works
Set up a call with our team to learn more about what we offer. It's a chance to let us know what your needs are and get your questions answered.
Once you're happy with the pitch, it's time to get onboarded. You'll just need to sign our partnership agreement and you can start offering Money@Work to your people!
Now it's time to let your employees know about their new benefit! We'll share some materials to help you signpost your employees to the Money@Work service!
Once an employee has signed up to borrow or save through the programme, we will help manage the salary deduction process with your payroll team and provide ongoing support.
More information
How do I sign up?
Getting started is simple. Just get in touch and we'll guide you through the process.
Once everything is set up and your payroll details are in place, we'll get your organisation added to our website so your employees can start making the most of salary deduction savings and loans.
Are there any costs to my organisation?
Money@Work is completely free for employers to sign up. No catch, we simply want to ensure our community has access to affordable and safe financial services.
What is employee financial wellbeing?
Employee financial wellbeing is about helping people feel more confident and in control of their finances, both now and in the future. This can include having savings for unexpected costs, managing borrowing and feeling financially prepared for life's bigger expenses.
Is there a minimum number of employees required to join?
There's no minimum number of employees required. Every employee supported makes a difference and means we're closer to becoming better off together.
Is it easy to set up salary deductions through payroll?
Setting up salary deductions is simple and straightforward.
Our finance team will liaise directly with your payroll department to ensure everything runs smoothly.
What if employees have questions or need support?
Employees can contact Great Western Credit Union directly for help and our friendly Member Engagement team will be happy to support them with any queries or issues they may have.
How do employees sign up?
Once you've partnered with us, employees can sign up directly through the Great Western Credit Union website. They simply search for your organisation and begin the application process for the product they want.
Are part-time or temporary staff eligible?
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Part-time employees are fully eligible for all salary deduction products.
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Temporary employees can access our savings products but not loan products.
How do I introduce salary deduction to my employees?
We provide a range of resources to help you signpost your team to the benefits of salary deduction, including posters, graphics, and ready-to-share text for your internal communication channels