Four weeks to go… Prepare Your Organisation for Payroll Giving Month
With Payroll Giving Month just four weeks away, organisations across the UK have a prime opportunity to strengthen their CSR initiatives and enhance their employee engagement strategies. For charities, this represents a crucial period to partner with businesses and secure sustainable funding streams.
Beyond CSR, implementing a Payroll Giving scheme delivers measurable benefits for businesses. Organisations report increased employee satisfaction, improved retention rates, and enhanced employer branding. Research shows that companies with active Payroll Giving programmes often see higher engagement scores in their annual surveys, with employees feeling more connected to their organisation's values and social impact goals.
For HR and finance departments, Payroll Giving is remarkably straightforward to implement and manage. The automated system integrates seamlessly with existing payroll software, requiring minimal administrative overhead. Furthermore, many organisations find that offering matched giving enhances their attraction and retention strategies, particularly among millennial and Gen Z employees who increasingly prioritise social responsibility in their career choices.
For businesses considering implementing or revitalising their payroll giving scheme:
Engage with Professional Fundraising Organisations (PFOs) who can provide setup support and charity connections
Develop an internal communication strategy to drive awareness and participation
Consider implementing matched giving to increase employee engagement
Plan for regular impact reporting to maintain momentum
For charities of all sizes, Payroll Giving represents one of the most reliable funding streams available. The regular, predictable nature of these donations enables better long-term planning and resource allocation. Unlike one-off donations or event-based fundraising, Payroll Giving provides a steady income that charities can confidently factor into their strategic planning.
The tax efficiency of Payroll Giving also means that charities receive donations gross of tax, reducing administrative burden and maximising the value of each contribution. This efficiency translates to more resources being directed toward charitable initiatives rather than processing costs.
For charities looking to benefit from payroll giving:
Engage with Professional Fundraising Organisations (PFOs) who can provide setup support
Develop targeted materials for corporate partnerships
Speak to existing corporate partners about introducing Payroll Giving
Create engagement strategies for regular workplace donors
As Payroll Giving Month approaches, now is the ideal time to review and enhance your organisation's approach to workplace giving!