Employer Customer Story

HCRG: 82% feel more in control

Their goals are to empower employees to improve their financial wellbeing, and they've rolled out a holistic solution that helps their colleagues feel supported and confident in building financial health. 

Summary

hcrg logo
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Sector

Healthcare
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Company Size

5,000
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Benefits used

Budgeting
Flexible Pay
Savings
Education
Discounts

The impact of offering Wagestream

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Empowering Financial Wellbeing: HCRG Care Group’s Success with Wagestream

HCRG Care Group, a leading provider of health and social care services, sought innovative ways to empower their employees financially and enhance their overall wellbeing. The organisation faced challenges common in today’s workforce: the need for financial flexibility, increasing short-notice shift uptake, and boosting their employer brand to attract and retain talent.

The Challenge

HCRG Care Group identified several goals:

  • Enable employees to improve their financial wellbeing.
  • Provide flexible pay options to give staff control over when they’re paid.
  • Increase uptake of short-notice shifts by allowing workers to access a portion of their earnings immediately after completing a shift.
  • Move away from traditional, rigid pay cycles.
  • Enhance their employer brand with relevant and impactful benefits.
  • Support staff in saving money every month.

The Solution

The integration of Wagestream with iTrent delivered the comprehensive solution HCRG Care Group was looking for. Wagestream’s user-friendly platform provided:

  • Flexible pay options to reduce financial stress among employees.
  • Tools aligned with the organisation’s financial education objectives.
  • A seamless, low-maintenance system that operated in the background with minimal input from HR and Payroll teams.
  • An attractive benefit to bolster employee wellbeing and aid in talent acquisition and retention.

The Results

Wagestream has had a transformative impact on HCRG Care Group’s workforce:

  • 82% of employees feel more in control of their money.
  • 70% of employees report feeling less financial stress.
  • 32% of employees have started saving for the future.

Paul Lundbeck, People Director at HCRG Care Group, highlighted the ease of implementation, stating,

“Wagestream is no extra work for us. It just runs in the background. It needs minimal payroll input.”

He also praised the alignment of Wagestream’s social impact mission with the organisation’s values.

By prioritising employee financial wellbeing, HCRG Care Group not only achieved its objectives but also fostered a more engaged and satisfied workforce.