Halfords supports staff financial wellbeing with budgeting app
Every Halfords employee now has access to financial wellbeing app Wagestream, having rolled it out to thousands of staff around the US. It...
Wagestream makes work more rewarding for more than two million people - by giving them access to fair financial services through their employer. Offered through caring employers like Bupa, Co-op, Next, Pizza Hut, University of Chicago and the UK's National Health Service, workers use Wagestream to choose when they get paid, manage their budgeting, build for a rainy day, chat to a personal money coach, and get fairer deals on financial products - all in one app.
Wagestream was founded with investment from leading social impact funds and operates on a social charter: every service it provides must measurably improve financial wellbeing. More than 70% of people using Wagestream feel more in control of their money - leading to a happier, healthier, more productive workforce, and improved recruitment and retention for their employers.
While overall focus on employee welfare increased during the pandemic, survey reveals financial wellbeing is still falling down businesses’ agendas.