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Give As You Earn and Matched Giving
Making it easy for our people to give – and doubling itMany of our staff make regular donations to charity. Our Give As You Earn (GAYE) payroll giving programme makes it easier for them to donate on a regular basis. Employees can instruct payroll to donate a portion of their gross monthly salary to a nominated charity. This donation is not only maximised by the tax advantage of withdrawing from gross salary, but also the Bank automatically matches employee donations. The Matched Giving scheme matches employee charitable donations like for like, (up to £3,000 per person per year) - no matter whether they donate through GAYE, a one-off donation or through sponsorship. For the latter, there is no limit on how much an employee can fundraise within the Bank! Last year the Bank pledged £794,000 in matched giving donations for a number of charities |
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