Wagestream for hospitality

Make every shift a step towards wellbeing

The leading hospitality operators offer colleagues financial benefits and support, with Wagestream.

Top hospitality operators improve financial wellbeing, with Wagestream

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Cost of living is hitting your team, hard

From customer service to table service, your colleagues are doing their best to deliver a great customer experience. 

But they're distracted: more than 1 in 5 (21%) are finding it tough to focus at work, because of the rising cost of living1.

Together, we have the power to help.
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12 types of support to make every shift count

Providing income is the most important thing you do for your team.

Turn that into a competitive advantage, by offering meaningful, flexible financial benefits built around pay - with the Wagestream financial benefits platform.

Operators that roll out Wagestream see 73% of colleagues engaging with their benefits and 86% feeling less stressed about money.

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Free research: how hospitality compares on financial wellbeing

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Benefits that benefit hospitality teams

Your talent votes with its feet: more than a third (37%) will consider working elsewhere, if offered better financial wellbeing support.

After rolling out new financial benefits with Wagestream you can typically expect to see:

  • 27% faster recruitment
  • 5% increase in retention
  • 78% of colleagues feeling more positive about you as an employer
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“Action needs to be taken because financial and related mental health issues are negatively affecting a significant proportion of the workforce…employees not only need but now also expect this support from their employer.”

 

CIPD Guide on Financial Wellbeing

Built different

Wagestream is the only financial wellbeing provider that was founded as a dual-purpose business, with a social charter.

In fact, to invest in Wagestream, every shareholder has had to sign up to that social charter. What does that mean, in practice?

 

  • We report on our impact to our shareholders
  • We’re audited as a certified B Corporation
  • We’re accountable to an Impact Advisory Board
  • We co-create our financial benefits with frontline workers and a Client Advisory Board of their employers
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Ready to connect

Wagestream is an ISO 27001 certified platform that connects to any workforce management (WFM), payroll or time and attendance (T&A) system.

Just connect them to Wagestream, roll out your employee financial wellbeing app, and measure the impact through your real-time dashboard.
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12 benefits in one app, to build financial wellbeing

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Listen to our podcast on tackling financial exclusion

¹ State of Financial Wellbeing, Hospitality Outlook - Financial Wellbeing Forum, Wagestream