A DPO's guide to unlocking financial benefits

Employer Case Study

A DPO's guide to unlocking financial benefits

Carole Crocker, Data Protection Officer at Iris Care Group understands the balance between launching new benefits and taking care of data privacy.

Wagestream speaks to Carole on best practice when it comes to data protection, and her advice on implementing new benefits such as Wagestream.

"The information that Wagestream wish to collect, is completely within GDPR, and you are protected as an organisation."

Summary

Sector

Health & Social care

Company Size

1643

Benefits Offered

Budgeting

Flexible Pay

Savings

Education

Discounts

Supporting colleagues

Iris Care Group works to support thousands of people across the UK with treatment for complex mental health conditions.

When looking for financial benefits to help support their teams, who work so hard to care for others, questions around sharing data with an external benefits provider arose.

Protecting data

Carole has been in the role of Data Protection Officer at Iris Care for over a year. She took all the necessary steps to ensure her colleagues could access supportive financial benefits - whilst keeping their data safe.

Creating impact

In less than a year, Iris Care's colleagues have put aside almost £40,000 in rainy day pots, with many saving for the very first time.

They have also been paid more than £240,000 of their pay flexibly - allowing them to choose a pay cycle that works for them.

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Wagestream Ltd is a company registered in England and Wales (number 11173225) at 35 Gresse Street, London, W1T 1QY; registered with the Financial Conduct Authority (FCA) (firm reference 902046) as an EMD Agent of Electronic Money Institutions authorised by the Financial Conduct Authority: PayrNet Limited (firm reference 900594) and Modulr FS Limited (firm reference 900573); acts as an agent of TrueLayer Limited, who is authorised by the FCA as an Authorised Payment Institution (firm reference 901096); and as a PSD agent (firm reference: 995651) of Bud Financial Limited (firm reference: 793327), both Payment Institutions authorised by the FCA, for Account Information Services. Registered with the ICO (reference ZA421647).

Where your funds are held by Modulr, (as indicated in the App) please see Modulr for further Modulr details.

Wagestream Finance Ltd is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.