Payroll Savings: the financial wellness benefit that pays for itself
Give your team financial resilience, cut absenteeism, and see a 400% ROI (Return on Investment) with happier, less stressed, more productive employees - all without lifting a finger.
Want this benefit as an employee? Email your HR team
Sync is - and will always be - savings-first. We’ll never offer lending or add to employee debt. Our promise: only financial security for your people.
Money stress costs your business more than you think
77%
of employees say that money worries impact them at work.
👉 The vast majority of your people, stressed and less productive.
4.2m
workdays are lost every year to financial stress.
👉 The equivalent of 2 full weeks of absence per employee.
25%
of UK adults have less than £100 in savings, and the number is rising.
👉 1 in 4 employees without a safety net, at risk of falling into problem debt.
Payroll Savings isn’t about perks or nice-to-haves. It’s about protecting your people from financial stress - and protecting your bottom line from lost performance.
Simple for you.
Life changing for your people.
A low-effort benefit with a high-value return: Payroll Savings is the most impactful financial wellness benefit for everyone in your team. Here’s how it works.
01
Say yes today and Payroll Savings is live tomorrow. A co-branded Sync savings portal for your employees, zero hassle, and no admin for you.
Employees join in a few taps, choose how much they want to save every payday, and then relax as their money earns interest and works hard behind the scenes.
02
03
Each pay run you’ll get one report: deduct the savings from each employee's net pay, then send one extra payment covering all employees' savings. We handle the rest. Oh, and the money is always FSCS-protected.
Every month you get clear reporting to track the impact of Payroll Savings on your people, plus financial wellness resources to help your team build lasting financial resilience.
👉 Book a call now to talk about Payroll Savings
The benefits of Payroll Savings
Payroll Savings helps your people build financial security without the stress of debt or lending. Easy to get started, easy to give peace of mind to your team.
Proven impact on wellbeing
Unlike Earned Wage Access, Payroll Savings is savings-first: no debt, just less stress. That means people are in control and can show up at work at their best.
No upfront
cost
Just £1 per employee each month. No setup fees. No hidden extras or surprises.
Payroll Savings made easy.
Easy
set up
Forget IT tickets or roadmap updates. We’ve got it covered - just share the portal link with your team and watch them start saving.
70%
of employers are integrating financial wellness with other wellbeing programs to offer a holistic approach to employee health.
400% ROI
UK employers investing in financial wellness programs report an average Return on Investment of £4 for every £1 spent. It’s a no brainer.
62%
of employees participating in financial wellness initiatives demonstrate higher levels of engagement and job satisfaction.
“Payroll Savings has been a game-changer. Stress is down, productivity is up - and the ROI speaks for itself.”
💬
“Payroll Savings has been a game-changer. Stress is down, productivity is up - and the ROI speaks for itself.” 💬
💡 Try our Payroll Savings ROI Calculator to find out how much your business could save with Payroll Savings!
Real stories: from “problem debt” to “safety net”
See the impact for yourself
Don’t take our word for it: run the numbers in seconds. Use our interactive tools to see the real-world value of Payroll Savings.
Payroll Savings ROI calculator
Instantly see how Payroll Savings pays for itself. Enter your headcount and get CFO-ready figures in less than 30 seconds.
Savings
calculator
Show your team how quickly small amounts add up. Employees can test different amounts and see their savings grow towards real goals, including interest.
Financial wellbeing scorecard
Benchmark your benefits package against UK best practice. Find out how your current offer stacks up and where Payroll Savings can give you an edge.
Frequently asked questions
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Payroll Savings is ready the moment you are. Your team gets instant access through a dedicated Sync savings portal - with no extra admin for HR.
We do all the technical bits in the background, all you need to do is run payroll as usual.
If you prefer, you can also integrate Payroll Savings through your payroll provider or your benefit platform.
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Did you know that 94% of employees believe it’s important that employers provide support for financial wellbeing?
Payroll Savings is an affordable and impactful financial wellness benefit that work for everyone in your team: an effortless way to improve employee wellbeing, increase productivity and give peace of mind to your employees.
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Your employees will be able to open their Easy Access Savings Accounts via your dedicated Sync Savings Portal.
Employees choose how much they want to save in-app, in a couple of taps. They can adjust their deposits flexibly, and withdraw funds at any point. -
It’s very straightforward: you don’t need to do anything upfront.
As soon as you give us the green light, we create a co-branded Savings Portal for you. Employees sign up through the Savings Portal via a secure link that we provide you.
We automatically share detailed reports with all savings deductions each pay run, ready to input into your payroll system and be processed seamlessly.
You deduct savings from employees' net pay, then make one extra payment with the total sum which is sent to their FSCS-protected savings accounts.
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Payroll Savings is not a pension or salary sacrifice scheme, so there’s no impact on employer costs or payroll calculations - just a simple, transparent splitting of an employee's take-home (net) pay into two separate bank accounts.
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Payroll Savings is reported as a voluntary net pay deduction in payroll records, meaning it doesn’t interfere with Income Tax, National Insurance, National Minimum Wage or pension contributions.
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⬇️ On payday, the Payroll Manager downloads our consolidated deduction report
👍 They confirm the amounts, and split employees' savings from net pay
🚀 They run payroll as usual, accounting for savings
🎯 They make one payment for all Payroll Savings amounts to Sync’s Partner Bank👇
Employee savings pots are instantly reconciled and credited. They can view and edit deposits or make withdrawals at any time.
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Payroll Savings is different (we’re savings-first), we don’t do lending, or debt!
Many HR teams are weighing up benefits like Early Wage Access, but we take a different approach. Sync is savings-first: no lending and therefore no risk of employees ending up in more debt.Early wage access might look helpful, but it often leaves employees more stressed in the long run.
Prefer to have all your tools in one place? Get Payroll Savings via your benefits, payroll or tipping platforms. Sync’s Payroll Savings are available on…
The financial benefit your people actually want
Payroll savings is the fastest, safest, most impactful benefit you can launch this year.
Your CFO will love the ROI.
Your HR team will love the simplicity.
Your employees will love the peace of mind.
Want this benefit as an employee? Email your HR team