Pay Day Advance (PDA)

Dear Team Members,

I would like to thank you, our fantastic team, once again for your commitment and hard work throughout the pandemic.

We have awarded you an above inflation pay increases from April and I am pleased to announce an enhancement to our unique team benefit, the PDA scheme, that you have enjoyed for several years.

Introduced to help our team avoid rip-off payday loan sharks, our PDA is today increasing to allow advances of up to £1,000. We do not ask for a reason, charge no fee or interest, and you will pay no benefit-in-kind tax under current legislation.

The amount of PDA depends on your employment period and is limited to no more than your usual net monthly pay. We will deduct your monthly repayments from your pay starting from your next salary payment. You may apply for a top-up at any time. All advances are subject to funds availability, governed by demand.

EMPLOYED FOR	MAXIMUM ADVANCE	MONTHLY PAYMENT
3 MONTHS	£300	£30
6 MONTHS	£500	£50
12 MONTHS	£1,000	£100

Notes of Interest:

To qualify you must be in our permanent employment, up to date with your training and Covid vaccinations and have had no attendance, time-keeping, or disciplinary issues over the past 3 months.
In exceptional circumstances (e.g., long-term sickness, disability, or clinical reason for no Covid vaccination) we will consider a PDA.
Full terms and conditions are on the PDA agreement.

Yours sincerely

Dave Lock

Managing Director