Supporting staff through times of need
We recognise that some of our staff may experience financial hardship. This may be due to many factors such as additional, unexpected (and hopefully temporary) costs being incurred, or through the loss of household income. Whatever the reason, this will undoubtedly cause pressure and anxiety for members of our staff.
In order to support staff experiencing financial hardship during these exceptional times, the Trust is able to provide a number of interest-free salary advances of up to 4% of the basic annual salary, capped at a maximum of £800. This would then be paid back to the Trust, via salary deductions at an agreed rate, over a maximum 12-month period. The loan scheme is available to staff who earn up to the full time equivalent of £45,000 per annum and will be running for a limited time only.
It is important that this scheme does not exacerbate financial difficulties and lead to a staff member experiencing unmanageable debt further down the line.
Please note that in order to apply for financial hardship support, staff will be required to provide details regarding their personal financial circumstances, including if their current situation relates to the current pandemic. Any applications made will be managed discreetly.
Further details can be found on Connect