July 3, 2020 11:27 amPublished by EmilyLeave your thoughts
Financial worries are costing employers billions a year in lost productivity, low employee retention rates and recruitment costs, and many aren’t paying attention to it. We all know what it feels like to worry about money. Almost half of us find money worries to be the most stressful part of life (PWC). With money worries… View Article
June 1, 2020 3:12 pmPublished by EmilyLeave your thoughts
Fuller’s, the premium pubs and hotels business, has teamed up with Wagestream to help build team members financial resilience and provide the ability to draw up to 30% of their earned wages in advance with income streaming. The service will be available to all 5,000 team members in over 200 Fuller’s Managed Pubs and Hotels… View Article
February 26, 2020 2:25 pmPublished by EmilyLeave your thoughts
As of this year, companies are required to formally report on Section 172 Statement as a part of annual reporting. Demonstrating that more than ever, there’s a clear demand for companies to align their overall strategies with interests of a diverse range of stakeholders. It signifies a recognition of the various entities involved in creating… View Article
December 16, 2019 3:13 pmPublished by Emily
UK retailers store profit margins have halved in the last 8 years. With more and more consumers turning to online shopping, retailers need to find new ways to cut their costs and bring back the high street experience. The Retail Economics Retail Cost Base Index shows that operating costs rose by 2.4% in 2018 and… View Article
December 6, 2019 12:19 pmPublished by Emily
It’s widely understood that one of the key issues facing the Security Industry is low personnel retention and engagement. With Private Security Firms now covering a lot of what the public sector once did, the Industry is in the spotlight more than ever. Problems filling shifts with suitably trained officers mean that firms are often… View Article
October 22, 2019 3:19 pmPublished by EmilyLeave your thoughts
We look at the real cost of financial stress in your organisation and how you can practically address it with income streaming.
October 22, 2019 3:12 pmPublished by EmilyLeave your thoughts
How the pub industry is overcoming their retention issues by providing income streaming with access to Wagestream
October 10, 2019 10:24 amPublished by EmilyLeave your thoughts
Often the smallest short-term need can lead to a mountain of debt. In May 2019 UK borrowers paid a staggering £138 million pounds each and every day in interest payments and the debt crisis is only predicted to get worse. All this debt is having a huge impact on the workforce, with 85% of UK… View Article
October 10, 2019 8:26 amPublished by EmilyLeave your thoughts
With the new legislation coming into play, whilst a step in the right direction, these workers require more benefits and rights. Contributor Peter Briffett, CEO and founder of financial wellness organisation – Wagestream. Many of the companies using gig workers today are well known for the very flexible products and services that they give to… View Article
October 9, 2019 4:41 pmPublished by EmilyLeave your thoughts
Somerset Care has launched a new income-streaming app that allows staff members to access their pay when they need it. The company went live with the Wagestream app last month after seeing that income streaming helped recruit and retain workers, and improved the financial well-being of its employees. Wagestream will allow the provider’s 3,000 members… View Article
October 9, 2019 2:28 pmPublished by EmilyLeave your thoughts
We’ve all been there. It’s close to the end of the month. Another bill drops through the letter box and you can’t pay it. What do you do? Grab a credit card? Dip into your savings? Take out a payday loan? For millions of people across the UK, receiving an unexpected bill means taking out… View Article