People working in charities and the voluntary sector often give their all to help others. But behind that dedication, many charity employees face their own financial pressures — from the rising cost of living to limited salaries in the nonprofit world. Supporting their financial wellbeing is one of the most meaningful things an organisation can do to care for its people.
The reality for charity staff
According to Pro Bono Economics (2023), almost 40% of charity sector employees say financial worries have affected their mental health. Many feel the squeeze more than ever, with one in five considering leaving their role for better pay. For charities already stretched thin, that means a real risk of losing talented and passionate staff.
Why financial wellbeing matters in the charity sector
A strong financial wellbeing offer helps staff feel valued and secure — improving morale, focus, and retention. For purpose-driven organisations, it’s also a chance to lead by example, living out values of care, inclusion, and dignity.
That’s where the Chorus Workplace Savings Scheme, run by Wave Community Bank, can make a real difference.
A simple, affordable way to help your team
Through the scheme, employees can:
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Save directly from their salary, automatically and easily
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Access fair and affordable loans — not high-cost credit
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Build savings while repaying a loan, helping them plan for the future
There’s no cost to the employer and minimal admin. Everything runs smoothly through payroll, so charities can focus on what they do best — supporting others.
Aligning values and action
Partnering with Wave Community Bank means supporting an ethical, community-focused financial model that mirrors the charity sector’s own mission. It’s a practical, people-first solution that helps staff build long-term financial confidence.
Support the people who support others
Caring for your staff’s financial wellbeing is more than a benefit — it’s part of sustaining your mission.
Find out how your charity can join the Chorus Workplace Savings Scheme:
www.savewithchorus.org.uk/financial-wellbeing-at-work