- Date published: 16 Aug 2018 by Anna Jackson
Long-term corporate partner St James Group has been successfully raising funds using a payroll giving scheme which enables employees to make tax-efficient donations to the charity.
Here, Dean Summers, Managing Director of St James London South, shares how.
‘As an employer, St James is committed to using Give as you Earn as a simple and effective way to give to charity. St James runs a Payroll Giving scheme which means our staff can donate straight from their wages and donations are taken before tax, meaning the charity gets more while the employee pays less.
In 2017, 44% of St James London South staff were giving through Give as you Earn. This has proven to be an attractive scheme among employees as it’s extremely easy to set-up and gives them the opportunity to donate as much or as little as they feel they are able. We created a sign-up sheet where all staff would only need to complete their names, division and the amount they wish to give. They then send the form to payroll who will get them signed up. Both our Payroll department and employees found this system hassle free, with the simple set-up process eliminating the need for excessive paperwork that would usually deter people from joining.
We also add news of our GAYE and fundraising activities to our quarterly company briefings, so everyone is constantly up to date with the great work Rainbow Trust are doing and can see the impact their donations are having. It’s a great way for employees at all levels of the company to feel included in our charity fundraising, especially when they’re not able or less likely to participate in sporting events.’
Read more about how you or your company can give via payroll giving here.
Pictured above, John Roberts from St James at the London Marathon.