Recent Payroll Giving Quality Mark (PGQM) figures show a significant increase on the number of employers offering Payroll Giving, as well as a sharp upturn in the number of employees engaging in the scheme.
The Government backed Payroll Giving Quality Marks are awarded annually to employers to show the percentage uptake amongst their employees. Competition can be fierce between employers, and the Quality Marks, heralded by the sector as a driving force, encourage employers to make Payroll Giving accessible.
With around 1500 more Quality Marks awarded this year (up from 2100 in 2018 to 3458 in 2019), Payroll Giving is proving itself to be a popular method of giving, despite celebrating its 30th birthday a couple of years ago.
Of the individual levels, there is good news across the board; 59% more employers achieved the newest Diamond Award level compared to last year; 95% more got Platinum; and over 1000 additional Bronze awards were given.
All companies receiving a Quality Mark this year also qualify to apply for a National Payroll Giving Excellence Award (the only Payroll Giving-focused awards in the UK) which take place in November.
Jennifer Healy, Chief Talent Officer at Mindshare UK said: “Mindshare is delighted to offer Payroll Giving to its employees, enabling them to support their chosen charities directly through their pay, tax efficiently. Receiving the Diamond Quality Mark highlights the high percentage of employees who want to make a difference.”
Andrew Simmonds, Chair of Trustees at Together For Animals said: “Payroll Giving provides Together For Animals with a vital regular source of income, allowing us to provide lifesaving care for animals desperately in need. 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.”
Panikos Efthimiou, chair of the APGO (Association of Professional Fundraising Organisations) adds: “Payroll Giving continues to demonstrate itself as a vital, robust and sustainable source of income for all charities. 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% of all employees are giving regularly to their favourite causes! We look forward to seeing lots of new companies joining us at the National Payroll Giving Excellence Awards this year.”