Help them save for their rainy day: Payroll Savings with Bath Building Society

By Anita Jaynes on 28 April, 2022

TBE Partnership with Bath Building Society

Find out more about Payroll Savings with Bath Building Society

At Bath Building Society we’re passionate about helping people save for their financial goals. That’s why we are working with organisations in the city to provide Payroll Savings opportunities for local employees. Payroll Saving is a simple and effective way for employers to encourage their employees to think about financial wellbeing and develop a regular savings habit.

Employers are always looking for ways to provide staff benefits to their employees and Payroll Saving offers a convenient way to help them to save. Saving via Payroll Savings means the employee can save for a ‘rainy day’, holiday or even a deposit on their first home.

Our Payroll Savings initiative enables employees to make savings by payroll deduction from their net pay, saving a little every payday will soon add up to a tidy sum.  Perfect for meeting sudden expenses, affording the latest gadget, planning for Christmas or paying for an unforgettable holiday.  If all that sounds like common sense with money, that’s exactly what it is.

Encouraging your employees to sign up to Payroll Savings can help reduce staff turnover and absenteeism costs associated with financial worries.  We offer a range of simple, transparent accounts, supported by great, personal customer service from our team. It’s easy to set up a Payroll Savings account with us, all they have to do is decide which of our personal savings accounts works best for them and how much they want to save each month, then apply online.  Once the account is set up, their chosen amount comes straight out of their pay.  Your employees can review the amount they want to save at any time.  Save with us and their money is fully protected by the Financial Services Compensation Scheme.

The process is simple and hassle free. If you would like to find out more, then please contact Jon Sweeting on 07557 560783, jonathansweeting@bibs.co.uk or visit our website www.bathbuildingsociety.co.uk and make an appointment online.

Pictured above: Jon Sweeting, Head of Savings Distribution, Bath Building Society