Source: XpertHR P&D Date: 05/01/2005 Publisher: XpertHR

Premiums and allowances: Welfare loans scheme policy (policy)

TOPICS:
pay and benefits benefits (pay-related and other)
terms, conditions and employee rights policies and procedures
contracts of employment staff handbooks

AUTHOR: Tim Russell and Lynda Macdonald


Policy wording: A welfare loans scheme is available to all full-time and part-time employees (except those undertaking probationary service).

The purpose of a welfare loan is to assist employees who find themselves in financial difficulty as a result of unexpected expenditure.

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