# First index-linked payroll giving scheme from Charities Trust

- Link: https://fundraising.co.uk/2006/12/01/first-indexlinked-payroll-giving-scheme-charities-trust/
- Published: 2006-12-01T00:00:00+00:00
- Author: Howard Lake

Charities Trust is introducing ‘The Xtra Factor’ to its payroll giving scheme through
which employees will be able to increase their payments by a small amount each year.

The idea is being introduced at Home Retail Group – parent company of Argos and 
Homebase – with the first annual increase of three per cent coming into effect in
June 2007. The percentage is a ‘suggested’ amount, but donors can choose their own
level of increase. This is designed to counter the often static donations given 
via payroll giving. Many payroll giving relationships are long-standing and once
they are set up, often not amended.

Charities Trust sales and marketing manager Jason Doherty said: In 2005 payroll 
giving donations in the UK reached almost £100m. If every donor signed up to payroll
giving and agreed just a small nominal increase of three per cent, for example, 
Th Xtra Factor would deliver a staggering £3m additional revenue for chariites and
good causes.

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