Employer Customer Story

HC-One: 'I feel happy picking up extra shifts'

HC-One, the UK’s largest care home provider, launched Wagestream in December 2023 to support the financial wellbeing of their 18,500 employees. The initiative aimed to reduce financial stress, improve employee satisfaction, and foster stronger retention rates across the workforce.

Summary

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Sector

Healthcare
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Company Size

18,500
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Benefits used

Budgeting
Flexible Pay
Savings
Education

Discounts

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The Impact

In just a short time, Wagestream has delivered remarkable results:

  • 63% of HC-One’s workforce are now enrolled in the programme.

  • Over 11,500 colleagues actively engage with their financial benefits.

  • 80% of employees report feeling less stressed.

  • 82% of employees feel more in control of their finances.

  • 91% of employees feel positively towards HC-One for offering financial benefits through Wagestream.

The financial outcomes have also been significant:

  • £1,944,274 saved by employees, with 28% of enrolled colleagues opening a Save pot and setting savings goals.

  • Employees enrolled in Wagestream are 18% more likely to work longer for HC-One.

Employee Testimonials

HC-One staff have shared enthusiastic feedback about Wagestream:

“I love that I can track how much I make for each shift through Wagestream and my expenditure too. It also is very beneficial in saving us from high borrowing interest rates from other organisations.”

“Wagestream makes me happy going to work and seeing my money grow. I feel happy picking up extra shifts.”

The Results

By introducing Wagestream, HC-One has successfully empowered their workforce with greater financial control, reduced stress, and increased job satisfaction. The initiative has enhanced employee loyalty, with staff more likely to work longer at HC-One. It underscores HC-One’s commitment to being an employer that truly values and supports its people.