Whether you love to eat at restaurants, shop for the latest fashion, or have exciting days out with loved ones, no matter what you enjoy, you can make your money go further as a Health Service Discounts member.
- When Is NHS Payday?
- Do NHS staff get paid weekly or monthly?
- How many days before payday, and do you get a payslip NHS?
- Does NHS pay in advance?
NHS Payday is right around the corner; for many, managing your money after payday can be a struggle. Research conducted by Nationwide discovered that 1 in 5 people spend over half their monthly wages within 48 hours of being paid, leaving them with little to last the month.
Here are some more interesting facts;
- Within two days of receiving their salary, 20% of people use up more than half of their discretionary funds.
- The urge to make spontaneous purchases surges right after payday, leading to buyer’s remorse for 59% of individuals.
- By the time their next payday approaches, 60% of individuals find themselves with less than £100 in their pocket.
- A week before their salary is due, 15% of people find their wallets completely empty.
- To make ends meet until their next payday, over 50% are compelled to withdraw from their savings.
Activity | % spend after payday |
---|---|
Larger than usual food shop | 27% |
Getting a takeaway | 24% |
Buying new clothes | 20% |
Eating out at restaurants | 16% |
Buying new items for the home | 14% |
Going to the pub | 12% |
Buying gifts | 11% |
Buying tickets to events | 10% |
Buying toys for children | 10% |
Buying a nice lunch for work | 10% |
Computer Games/Video Games | 7% |
When is NHS Payday?
The NHS Payday can vary, but it’s likely to take place between the 27th – 1st of the month. However, this may change if it is a bank holiday or a weekend. In that case, the NHS payday will be brought forward to the nearest working day.
Whether you love to eat at restaurants, shop for the latest fashion, have exciting days out with loved ones, or even if you’d like to save on your monthly bills, no matter what you enjoy, you can make your money go further as a Health Service Discounts member. Make payday last longer by becoming a member today.
Do NHS staff get paid weekly or monthly?
The NHS Payday can vary, but it’s likely to take place between the 27th – 1st of the month. Once you have received your first month’s salary, it is possible to contact the Payroll Department to switch to a paid weekly method.
If you stick with the monthly payday option and the first working day of the month lands on a bank holiday or a weekend, then the payday will be brought forward to the earliest possible working day.
How many days before payday, and do you get a payslip NHS?
On average, NHS staff will receive their payslip 2 days before payday. Once the payroll team has approved the payroll run, you will be able to access your payslip.
Does NHS pay in advance?
As an NHS employee, you will automatically be set up to be paid on a monthly basis by direct credit to your account.
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