The number of companies and their employees taking part in payroll giving schemes is significantly increasing, according to the Association of Payroll Giving Organisations.
Almost 65 per cent more Payroll Giving Quality Marks were awarded to employers this year by APGO, which indicates an upward trend in the number of firms offering such a scheme.
A total of 3,458 employers were awarded the quality mark in 2019, almost 1,500 more than were awarded in 2018.
Andrew Simmonds, chair of Together For Animals, said: “As a small charity we see payroll giving as our key source of income.
“It is great to see the increase in quality marks and therefore the increase in both employers and employees supporting payroll giving, which supports us and so many charities each year.”
‘Vital, robust and sustainable source of income’
Panikos Efthimiou, chair of APGO, said: “Payroll giving continues to demonstrate itself as a vital, robust and sustainable source of income for all charities.”
Nearly 60 per cent more employers achieved the “diamond” award level this year, 95 per cent more attained platinum and more than 1,000 additional employers received bronze.
The government-backed awards are given out annually and are based on participation in the scheme by an organisation’s staff.
Efthimiou said: “We are delighted to see this positive increase in quality marks, and especially those aspiring to reach diamond level as that means more than 30 per cent of all employees are giving regularly to their favourite causes.”