SCB launches “SCB Mee Tung” to help office workers Advance salary, reduce informal loans
Mr. Thanawat Kittisuwan, Executive Vice President The executive of GTS and Ecosystems, Siam Commercial Bank, said that the tight liquidity problem in the salary man group has become more serious. from the impact of the epidemic of COVID-19
That dragged almost 2 years, both the burden of higher living expenses and unexpected expenses incurred by households. Meanwhile, revenue fell from salary cuts, hours worked and bonuses, according to data from the Center for Economic and Business Research. The Siam Commercial Bank (EIC) reported that in the first quarter of 2021, labor market salaries dropped -2.9 percent across all industries and bonus income dropped by -41.0%. This makes the income numbers even worse.
Siam Commercial Bank wants to reduce the problem of salaryman who turned to rely on informal loans from the beginning. therefore proceeded to implement the project “SCB Means Money” which currently employs more than 5,600 people of partner organizations to use the service. Today is the right time to bring the innovation of “SCB have the money” and the potential of SCB Payroll to help solve the liquidity crisis for payroll workers without creating a burden for employers. With the advance payroll (On-Demand Access Wages), which ensures that after this will get the attention of various organizations. Apply to join the program for better benefits for employees.
Mr. Thanawat said that you can pay in advance through the SCB Easy application for the number of days you want through the concept of “have money without having to wait for the end of the month” with a simple and convenient work system for all parties. Only the employer company informs the name of the target group of employees and updates the number of working days. Then the employee named in the right will be able to reimburse the salary equal to the number of days that have actually worked in that month, up to a maximum of 50% of the salary or not more than 20,000 baht per month (or as determined by the employer).
“It is the answer to the human resource management problem of the modern organization. Along with helping to take care of financial matters, employees have the perfect choice in emergencies. The bank also offers a full range of financial welfare packages to its employees, such as deposits, loans, life insurance and credit cards. which gives superior privileges, both special interest and many specific promotions,” said Mr. Thanawat.
This is to help alleviate the burden of expenses in the current situation. The Bank has reduced the salary advance fee from 1,000 baht per 20 to 1,000 baht per 10 from September 15, 2021 – December 31, 2021 only. Employees who receive salary through SCB Payroll and participating organizations will be able to advance salary. available 24 hours a day through the Me-Tang function in the SCB Easy application. Organizations interested in using the SCB Payroll Solution can contact the Relationship Manager. or learn more details at https://www.scb.co.th/th/payroll.html For more information, please contact SCB Business Call Center 0 2722 2222.
