Employer Customer Story

91% feel more positive towards Care UK

One of the largest providers of residential care services in the UK, sought to enhance the financial wellbeing of their workforce. In 2021, they introduced Wagestream as a comprehensive solution for their 14,500 employees, and the results have been transformative.

Summary

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Sector

Healthcare
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Company Size

14,500
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Benefits used

Budgeting
Flexible Pay
Savings
Education
Financial Health Checker

Discounts

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The Impact

Since launching Wagestream:

  • 76% of Care UK’s workforce have enrolled in the programme.

  • Over 11,000 colleagues have actively engaged with their financial benefits.

  • 74% of employees report feeling less stressed.

  • 77% of employees feel more in control of their finances.

  • 91% of employees feel positive towards Care UK for offering financial benefits through Wagestream.

The introduction of Wagestream has also unlocked significant financial outcomes:

  • £670,000 annually in state support accessed through the state benefits checker.

  • £2,890,484 saved by employees, with 28% of enrolled colleagues opening a Save pot and setting savings goals.

Employee Testimonials

The feedback from employees highlights the profound impact of Wagestream:

“It’s a fantastic way to keep track of your earnings. I can monitor and then work out how much I’m getting paid. It’s helped relieve the stress of not knowing exactly how much I’ll get. Now I can definitely make sure all outgoings are covered. Love it.”

“As an international student, I struggled a lot to manage money and used to borrow. But Care UK introduced me to Wagestream. I am very happy that my money is managed so well. Thank you so much for everything.”

The Results

By introducing Wagestream, Care UK has empowered its employees with greater financial control, reduced stress, and improved wellbeing. The initiative has strengthened Care UK’s reputation as an employer that prioritises the financial health of its workforce, fostering engagement and loyalty among staff.