Employer Case Study

NHS: Financial benefits help me do a better job at work

 

We caught up with some of our fantastic NHS members from across the UK, to chat all things Wagestream and money.

 

They shared their experiences of money worries, how this impacts their focus at work, and how Wagestream alleviates some of that stress.

 

"Having Wagestream take some of that pressure away, I just feel like I'm more present in work and I can be the best version of myself."

 

Employee impact guide

Summary

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Sector

Healthcare

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Company Size

1.5 million

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Benefits Offered

Budgeting

Flexible Pay

Savings

Education

Discounts

Money worries

 

Recent research from Wagestream has shown that money worries at work can impact cognitive capacity by up to 13 IQ points - a significant impact on your teams' wellbeing and performance. 

 

Financial benefits

 

This paper also explores how a money management toolkit impacts budgeting & spending, alongside feelings of scarcity and stress. Research respondents overwhelmingly report spending less money after getting access to the Wagestream app, despite being able to access their pay more frequently than is set by their employer’s fixed pay cycle.

 

NHS Support

 

800,000 NHS workers now have access to financial tools and support through Wagestream - across more than half of NHS Trusts in the UK. 

 

With this support in place, the impact on some of the nation's hardest workers has been huge:

 

  • 91% feel more positive towards the NHS as an employer
  • 76% feel less stressed
  • 80% feel more in control of their finances
  • 22% sleep better at night
  • 25,863 are saving with Wagestream, many for the first time

 

Your questions, answered

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