With the rapid changes and
uncertainty that surrounds this situation we will do our best to keep you up to
date and anticipate the information that will be most useful to you. Again,
none of us know what the coming weeks will bring but rest assured we’ll work
hard to keep on top of it.
Summary of Marshall Motor Group Chief Financial Officer, Richard Blumberger’s money saving ideas. In addition to the support announced by the Government a number of companies are providing assistance to their customers to help them manage their payments. Some examples are set out (see link). Clearly everybody’s personal circumstances are different, and you should only make use of these ideas if they are right for you.
Don’t forget you all have access to Marshall Reward our fantastic discounted shopping portal plus they now have a Community Online Academy with lots of FREE learning courses, fitness programmes and more!
This scheme has been introduced to support those colleagues returning from furlough who have benefited from the average pay arrangements. We appreciate that the first month back into the role you will see a reduction in pay due to having earned no commissions in the previous month.
To give you some financial comfort, should you need it, the Pay it Forward Scheme gives you the option to request £1,000 advance which you then pay back, interest free, over no more than 4 months. Here are a few useful points:
- Scheme only available for returning colleagues post furlough who have benefited from average pay arrangements - Criteria applies (e.g. successful probation, no disciplinaries) - The advance will be made at the same time as the monthly salary is paid - Cut off for applications will be the 15th of each month - Sign off required from Line Manager, General Manager, Franchise Director and HR Director - Available immediately
To apply complete the Pay it Forward Request Form and email, together with LM, GM and FD authorisation, to email@example.com