Power Over Pay
Over a million people now have power over their pay, the greatest benefit any employer can give.
Power over pay means the ability to instantly access, track, save and manage earned wages.
Power over pay means a transformed employee experience with quicker recruitment, higher retention rates, more overtime take-up and better financial wellbeing.
A simple app for instantly accessing, tracking, saving and better managing their pay
The market-leading, cloud-based platform to rapidly transform every employee's experience - from boosting recruitment, through to becoming the ultimate financial wellbeing benefit
As part of a financial wellbeing platform designed to increase savings and reduce reliance on credit, EWA simply means employers can offer employees access to their already-earned wages, throughout the month.
EWA is proven with data to improve financial wellbeing and reduce reliance on predatory forms of lending by 88%. No interest is charged and it is not an advance.
According to the Financial Conduct Authority, EWA is not a loan and should not be considered a form of credit.
With Wagestream, you can give people power over their pay and remove that financial stress. Here's how it works for them.
"This is so much better than asking for an advance with your boss. Help on budgeting and debt management, all good stuff.”
Wagestreamer Since Aug ‘18
now feel more in control of their finances
“Wagestream helped me afford to get into work when I was stuck instead of taking out a payday loan or something, which is what I would have done.”
Wagestreamer Since April ‘19
were able to cover unexpected expenses
“It’s a nice peaceful way of managing your money plus loads of advice.”
Wagestreamer Since Jan ‘20
a month users access financial tips and tools in the app
“I like Safestream for one simple reason. Because the money leaves my pay check before I see it in my bank, I forget about the £50 a month I’m putting aside and budget with what’s in my account.”
Wagestreamer Since Nov ‘19
Employees who stream are 2-3x more likely to start saving
Join the employers transforming peoples' lives, by providing power over pay.
Staff turnover reduced by up to 16% for multiple clients
“The ability to retain staff is already paying dividends for us as a business.”
600 job adverts on indeed.co.uk using Wagestream as an attraction tool
“This is a real revolution in pay that is already making it easier to recruit and retain staff.”
77% of users feel less stressed as a result of using Wagestream
“Instant payment facilities can be great for staff, giving them the flexibility to take control of their finances, reducing stress and improving their overall wellbeing. For me, it’s a win win.”
Wagestream has helped increase the number of hours worked by 22% across multiple clients
“Partnering with Wagestream has had a positive impact on our service delivery with staff volunteering for extra shifts.”
Exposed to cycles of debt
50% of workers in the UK run out of money before payday due to the monthly pay cycle* *ONS
Would like help with money management
39% of adults do not feel confident managing their money* *Wagestream Survey of 493 respondents from streamers
Want more financial support from their employer
70% of employees are looking for support from their employer to improve their financial resilience* *Aon - ‘Prevention is better than cure’ white paper
Need a financial buffer
50% of households under the age of 35 can't afford an unexpected bill of just £250* *Experian - '3.5 million young households can’t afford a surprise expense of £250' report
48% of people are distracted at work by money worries**PwC’s 8th annual Employee Financial Wellness Survey
16% of people say their financial worries have led them to miss work**PwC’s 8th annual Employee Financial Wellness Survey
78% are more likely to leave for another organisation who cares more about their financial wellbeing*PwC’s 8th annual Employee Financial Wellness Survey
of your workforce will feel more positive about you for introducing a solution which helps them
of users feel their financial situation has improved because of Wagestream
of users say that they feel less distracted at work due to money stress because of Wagestream