“At first we were nervous of the impact of Wagestream on our payroll department, but the Wagestream Team promised they would make life easier. We’ve been working with them for almost a year and are delighted they have kept that promise! In fact, payday is smoother than ever before. This is down to the amazing 24/7 support that they offer to us and our employees, but also as a result of payroll features such as the banking validation report which allows us to identify incorrect bank accounts before pay day!”
Your Payroll Resource Centre
Wagestream works seamlessly with 100% of UK payroll systems and providers.
Our unique technology solution means that your payroll process isn’t affected and that there’s little to no work for your internal teams.
For payroll, it's no headache
We're fully integrated with all major payroll and workforce management providers
Our stream account solution means no manual deductions or calculations for your team
We work closely with payroll to successfully manage implementation and roll out
Our 24/7 customer support are always on hand for any queries you may have
Our unique system, explained
Wagestream works seamlessly between you and your staff to simplify earned wage access.
How it works
Your colleague
Your colleague enrols with Wagestream and sets up a stream account. They transfer a percentage of their earned wages based on hours worked.
Wagestream
Wagestream funds all transfers of earned wages so there's no impact on your valuable cashflow. Wagestream keeps a record of all wage transfers.
Your organisation
You pay wages at the end of the month or week through the usual process.
Stream account
As wages flow through an enrolled employees stream account, Wagestream settles any transfers of earned wages that have happened throughout the pay cycle.
Our workforce management and payroll partners
Frimley Health NHS Foundation Trust
Frimley Health NHS Foundation had long been thinking about the benefits of providing more frequent pay to their staff but put it off due to the amount of resource and time it would take.
Wagestream provided them with a way to offer more flexible pay without effecting their payroll systems or requiring any resource from their payroll team.
Olga Jaskulska, Payroll Manager, Byron
Salaries
£100 million
We process £100m in salaries per month at 200 milliseconds per salary
“A month's turnaround to get this implemented in NHS terms is considerably quick. It’s quick, it’s easy and it’s going to benefit your staff, what more do you need to say?”
Rob Shuttleworth, HR Systems and Information Manager, Frimley Health NHS Foundation Trust
Launch
4 weeks
4 week maximum launch time
"Getting early access to money you have already earned, that is to all intents and purposes yours, seems so simple but this is a real revolution in pay that is already making it easier to recruit and retain staff."
Tim Painter, HR Director, Stonegate Pubs
Employee retention
16%
reduction in staff turnover
"Our key challenges are now in recruitment and training, so Wagestream will help us with this!"
TC Facilities Management
Talent attraction
27%
Faster recruitment process when offering Wagestream