The cost of living is an increasing concern for many of us. Staff from across the University are meeting regularly to see what we can put in place ahead of the winter months. We will provide regular updates as the working group continues to meet.”
We have launched our Emergency Support Fund in response to the cost-of-living crisis. This fund aids staff facing a short-term, emergency cash flow problem.
We have now launched Salary Finance to help support you through the cost-of-living crisis.
Salary Finance is our new financial wellbeing benefit provider that offers:
Simple savings: Savings account with Yorkshire Building Society where contributions are transferred directly from salary to an instant access savings account, with 2.75% gross Annual Equivalent Rate (AER). You choose how much you want to save and there are no fees or hidden costs.
Help to Save: With this government-backed scheme, anyone receiving Working Tax Credit, Universal Credit or Child Tax Credit could earn bonus payments on their savings.
Money insights: Visit the Learn platform and access simple and accessible educational resources to help you navigate and understand your finances.
Loans repaid through salary: Salary Finance also offers loans at affordable rates with a higher acceptance than banks.
To find out more about Salary Finance, visit the FAQs page and head to the Salary Finance webpage see the options available.