Workplace wellbeing
Boost workplace wellbeing with The Money Co-op
Partnering with The Money Co-op is a simple yet powerful way to support your employees’ financial wellbeing.
Financial concerns can weigh heavily on mental health, affecting job performance and increasing absenteeism. Research shows that 77% of employees have spent time at work worrying about their money, and the estimated cost of sickness absence for UK businesses is £554 per employee.
With 1 in 4 people having less than £100 in savings, and 1 in 6 having no savings at all, many are just one unexpected expense away from financial crisis. The lack of a safety net leaves employees vulnerable, increasing stress and financial anxiety, which can directly impact their wellbeing and performance at work.
A free benefit for your organisation – and your employees
By being a workplace wellbeing partner of The Money Co-op, you provide your team with access to savings, affordable loans, and money management tools—all at no cost to you or your employees.
A Workplace Wellbeing partnership with The Money Co-op helps your team reduce financial stress and improve productivity, resulting in a more resilient, focused workforce.
Key benefits
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No cost to you or your employees – Becoming a payroll partner and offering credit union membership is free.
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Simple setup and administration – Payroll deductions are post-tax, making it easy to manage and administer.
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Improve employee wellbeing – Financial worries can lead to lower productivity and higher absenteeism. Supporting your employees’ finances reduces stress and boosts morale.
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Support financial resilience – Help your employees build savings habits and access fair, affordable loans, protecting them from high-interest debt.
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Practical money tools – From budgeting tools to savings calculators, we provide the resources your employees need to manage their money confidently.
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Why workplace wellbeing matters
With the rising cost of living, supporting your employees’ financial wellbeing has never been more crucial. Financial worries aren’t just a personal issue—they can affect your whole business.
Research from the CIPD shows that financial worries affect the behaviour of more than half of all employees. Many report feeling distracted, unmotivated, and less engaged at work due to money concerns.
By becoming a workplace wellbeing partner with The Money Co-op, you can ease this burden, helping your team stay focused and build a more secure financial future.
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Make a real impact
By partnering with The Money Co-op, you’re not only supporting your employees—you’re also strengthening your Corporate Social Responsibility (CSR) and Diversity, Equity, and Inclusion (DEI) initiatives.
Financial vulnerability disproportionately affects women, LGBTQ+ individuals, and ethnic minorities. Offering a payroll partnership demonstrates your commitment to their financial wellbeing, showing your team that you care about their financial health and are dedicated to helping them thrive.
Join the growing number of organisations that are making a positive impact by supporting their employees’ financial wellbeing with The Money Co-op.
Current partners include:
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Employees love to save with us direct from their wages:
“Being a member has helped me save money – something I’m not very good at! Having it comes directly from my wages helps ensure I can save”
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Supporting employee financial wellbeing
“It’s got me into a regular saving habit. It’s helped me to manage my money better, get out of debt and into a more positive position heading into the future”