Payroll Deduction

Our payroll deduction programme allows employees to set a specific amount that is taken from their pay check which is then placed into a secure savings account with Thistle Credit Union. Payroll deduction programmes have been proven to reduce financial stress and unnecessary spending; allowing your and your employees to focus on the business.

Employer Partners

Studies have shown that employees are happier and more productive if they have less financial stress; and at Thistle Credit Union, our free payroll deduction programme helps employees automatically put money from their pay check into a secure savings account.

Our payroll deduction service is completely free to your business and we make it as simple as possible for both you and your employees to let you focus on running your business.

For more information about our payroll deduction programme and how it could benefit your business, please contact our team on payroll@thistlecu.co.uk.

Benefits to Employers

Reduce employee financial stress
Reduce staff turnover costs
Retain high quality staff
Improve staff wellbeing
Improve productivity
Free to your business

Employee Savers

Make saving simple by joining your workplace payroll deduction scheme.

Set and forget an amount to come directly off your pay check that is then placed in a secure savings account with Thistle Credit Union. You can save as much or as little as you want and this amount can be changed if your circumstances change. Your savings are protected by The Financial Services Compensation Scheme up to the value of £85,000 and these savings can be used to pay for a special occasion, a family holiday, a new car, a deposit for a house or cover any unexpected costs.

Contact your payroll programme representative for more information about joining your workplace payroll deduction programme.