02 June 2022
Archwood Group becomes Payroll Partner
Archwood Group becomes latest payroll partner to support it's team's financial wellbeing.
"Archwood are dedicated to the health and wellbeing of our employees, we have been a family run business for over 150 years and our employees have always come first".
"We have always had a good mix of mental and physical benefits in place for our employees but with the cost of living crisis in full swing and the effects of the pandemic over the past couple of years, the decline in financial resilience has left our employees open to economic and financial setbacks. We know that this can have significant effects on health and mental wellbeing, relationships, and workplace performance".
"We knew we needed to look into helping our employees financial resilience, and after contacting and working with Money works Wales we had a very informative meeting with Cambrian credit union, we knew from that meeting that by building a cushion of accessible savings we could help protect our employees against further financial shocks. Having a Payroll partnership with Cambrian credit union will enable our employees to consistently save on a regular basis and/or repay affordable loans via deductions that are made directly from their salary. We are very much looking forward to partnering with CCU to help ease our employees through this tough time, and to help them build better financial practices for the future".
Group Head of Human Resources