The roadmap: building credit and building financial futures
The Product team reflect on the evolving best practice of employee financial benefits, and the role of...
Carlisle is a leading supplier of outsourced workforce solutions for major businesses across the UK and Ireland. With a 4750-strong team, supporting staff has always been at the front of CEO Paul Evans, and his team’s mind..
"The best thing about Carlisle is Wagestream."
Facilities Management
4,750
Budgeting
Flexible Pay
Savings
Education
Discounts
Established in 2011, Carlisle is a leading supplier of outsourced workforce solutions for businesses across the UK and Ireland. The business works with many of the country's biggest businesses, such as Tesco, Sainsbury's, Arsenal FC and Jaguar Land Rover.
Carlisle implemented Wagestream's financial benefits platform for its team in May 2019, and has seen fantastic results - with more than 50% of colleagues engaging with the benefits on offer.
In five years, Carlisle's colleagues have...
- put away nearly £1 million - with many saving for the very first time.
- been paid £16 million of their pay flexibly - giving them more control, and reducing their reliance on expensive forms of credit.
There is a fixed fee of £1.75 each time a transfer is made. This is paid by the employee unless you decide to subsidise it.
Please contact us via the Pricing page for a bespoke discussion.
Our technology has been designed to have a minimal impact on company payroll processes – we’d be happy to provide you with more details.
Wagestream has a revolving credit facility with an FCA authorised banking institution. From this facility we can provision funds to the employer to enable its employees to access a proportion of their earned wages via the Wagestream app.
Yes. They can’t access more than 50% of their earned wages – you can set this lower if you wish. There is also a monthly withdrawal limit of £1000.