We’ve got some exciting news to share with employers in Kent and Medway.
To help employers improve the financial wellbeing of their teams, Wave Community Bank are offering FREE membership to workers that join when their employer offers our Chorus Workplace Savings Scheme.
This offer is available throughout September 2022 and applies to new employers that sign up to the Chorus Workplace Savings Scheme. Once signed up as an employer, members of staff can join the scheme for FREE for the month in which the scheme is launched to their staff – saving each staff member the £5 membership fee when they join and start saving.
Emma Norledge our Deputy CEO at Wave Community Bank said:
“We understand the pressures that people are feeling at the moment with increased cost of fuel, energy and food and want to actively do something to help local people . It’s important that even with the constraints that people have on their purses, that they are managing their money and saving – even if it’s just £1 a week – as it helps to build an emergency savings pot.
“Everything we do at Wave Community Bank is about helping people get out of debt and one way to avoid debt in the future is to help people to save today. We also want to help workers avoid using pay-day loans that are often difficult to pay off due to the high levels of interest. This is why we extending this offer to employers in Kent and Medway. Even when people take out an ethical loan with us they are building their savings accounts as they save when they borrow which is how we are turning Borrowers into Savers.”
Employers can join the Chorus Workplace Savings Scheme here and then their staff can join and start saving and repaying loans straight through payroll which makes managing money that bit simpler.
