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Redundancies planned as CAF and Sharing the Caring merge 09/11/04
 
Staff at Sharing the Caring (StC), one of the UK’s leading promoters of payroll giving, are currently awaiting details as to how many redundancies will occur due to the announcement that the organisation is to merge with the Charities Aid Foundation (CAF).

StC, a wholly owned subsidiary of Help the Aged (HtA), has 41 employees whose positions are now subject to a four-week consultation period. It is expected that a number of them will lose their jobs.

Although responsible for raising around £6 million each year for UK charities, StC only delivers a modest amount to the HtA and it is believed that by transferring the organisation over the CAF at the end of year, a one-stop-shop will be created helping increase the flow of income as well as making these funds available to more organisations.

Under CAF, future activities will include the promotion of payroll giving, the collection and distribution of donations, and the management of relationships with the aim of shortening communication channels between all the parties involved – including beneficiaries.

Jenny Byers, executive director for donor services at CAF, says: “This is a tremendous opportunity for payroll giving. By mobilising the combined reach and expertise of StC and CAF, and by drawing on the Government’s own commitment to the scheme, we can generate even greater interest in this valuable form of giving.”

Michael Lake, director general for HtA, says he is proud of StC’s achievements. I am pleased that we have been able through this merger to pass the baton on the CAF, whose sole goal is to capitalise on the enormous future potential for payroll giving for the benefit of the charity sector.”

 
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