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Benefits

Cooperative / thrift

A staff savings scheme with automatic payroll contributions.

A cooperative or thrift scheme lets employees save (and sometimes borrow) through work, with contributions deducted from pay each month and a tracked balance. It's a common and valued benefit in Nigerian workplaces.

Related terms

Help & how-to

See it in practice

See it applied to real payroll

Vintage People applies these statutory rules on every run, with a full audit trail.