Less stress. More minds on the job.

It makes it easy for employees to manage their money between paydays by allowing every staff member to stream a share of their wages as they work, track their earnings, save and get financial education.

It means your staff can come to work with less financial stress and keep their minds on the job.

A lady sitting on a couch using her laptop.
Less stress for employees

50% of users say that Wagestream has reduced their financial stress meaning your employees can come to work with a clear head and keep their minds on the job.

Learn more
No loans, no credit

Unlike others, we won’t sell loans to your people, because we’re not a loan company.

Encouraging debt isn’t a good financial wellbeing strategy. Loaning money won’t change behaviours or reduce financial stress.

Learn more
Measurable financial wellbeing

It’s our mission to empower everyone to have a better relationship with money. That’s why your employer portal gives you complete oversight and control on how your workforce is using our financial wellness services.

It makes it easy for you to measure the effectiveness of your financial wellbeing strategy.

Learn more

Less stress for employees

50% of users say that Wagestream has reduced their financial stress meaning your employees can come to work with a clear head and keep their minds on the job.

Learn more

No loans, no credit

Unlike others, we won’t sell loans to your people, because we’re not a loan company.

Encouraging debt isn’t a good financial wellbeing strategy. Loaning money won’t change behaviours or reduce financial stress.

Learn more

Measurable financial wellbeing

It’s our mission to empower everyone to have a better relationship with money. That’s why your employer portal gives you complete oversight and control on how your workforce is using our financial wellness services.

It makes it easy for you to measure the effectiveness of your financial wellbeing strategy.

Learn more

What’s financial stress costing your organisation?

Significant savings by reducing staff turnover

Average company savings

£1,000,000

Around half of employees worry about money at work.

They’re worried they won’t have enough cash to pay their bills.

money

We know the feeling because we all worry about money sometimes.

Wagestream is a solution that can give you a business advantage.

We don't believe in the set-it and forget-it approach to financial wellness. Wagestream provides tailored programmes that provide measurable business benefits.

Easy implementation

One size nearly never fits all, which is why we customise a full range of usage controls, alerts and reporting that you can access for your whole organisation and individual employees.

1 st
Week

Identify needs

Identify needs

  • Every organisation and employee is different, so we start off by identifying the specific needs of you and your people.
2 nd
Week

Planning & training

Planning & training

  • We work closely with your HR, Operations, Finance, Communications and Technology teams to successfully manage implementation and rollout.
3 rd
Week

Launch & review

Launch & review

  • Our team create a personalised communication plan to make sure your have an impactful launch and that you get the most from your benefit.
4 th
Week
check-circle

Support

check-circle

Support

  • We’ll measure the effectiveness of your financial wellbeing strategy and help you with reporting.

We were up and running in 3 weeks.

A profile picture of Lucy Jarvis

Lucy Jarvis

David Lloyd HR Manager

“We were really energised after meeting with Wagestream and understanding their product – so much so that we asked if they could turn a launch around in 3 weeks! They absolutely delivered this, I have never known such a quick response time to queries from both the HR team and employees, along with fantastic levels of customer service. I would recommend working with Wagestream to anyone!”

How does it
work?

Get up and running within 4 weeks or sooner – without changing your existing systems or cash flow. Simply tell us how you want Wagestream built for your workforce. We’ll take care of the rest.

A lady showing her friends how the wagestream application works.

Cashflow journey

Wagestream works seamlessly with 100% UK and Irish payroll providers. Before each pay cycle, Wagestream funds a dedicated account at your company. When an employee requests a transfer, the funds are drawn from that and the account topped up through your company’s normal payroll process. That’s why there is no change to your company’s valuable cash flow.

work
Your company
Your company bank account
bank
Without Wagestream With Wagestream

Slide the Wagestream circle up

You can now move it back...

and watch what will happen...

How easy is that?

Employee bank account
bank
user-2
Employee

Wagestream your way

work
Company
  • Plugs into workforce management software
  • Tailored rollout from 24/7 customer support team
  • No impact to HR or payroll systems
bank
Bank
  • Wagestream facilitates withdrawals
  • Payments reconciled monthly
Wagestream
  • Tracks employee earnings in real-time
  • Employer portal for oversight, control and reporting
  • Employee app for easy access
Employees
  • Available to every employee
  • Stream, track, save and financial education products
  • €1.75 flat-rate withdrawal fee

The Employer Guide to Financial Wellbeing

With 48% of people saying that money worries are a distraction at work, supporting the financial wellbeing of your workforce is not only good for your employees, it’s good for business.

Just like physical or mental wellbeing, financial wellbeing is a measure of your financial health and relationship with money.

Most of us simply want to feel a greater sense of financial security and have a bit more flexibility and control over our finances. That’s why we created Wagestream to give employees peace-of-mind that they’ll be okay when life just happens.

50%

Households don’t have enough money to pay for an unexpected bill of €300

16%

of people said their financial worries had led them to miss work

48%

of people are distracted in work because of money problems

The five pillars

to a successful financial wellbeing program

1
Must be available to 100% of staff

The millions of people in Ireland that are financially excluded from affordable credit options

are often the ones that need it the most. By offering a universally inclusive financial

wellbeing program, you can help to break the negative credit cycle of financial exclusion.

2
Must be available and accessible every day of the month

We know that payday lenders target the most vulnerable in the final days of the month, the period that can be the toughest financially. An effective financial wellbeing program must be available to everyone, every day of the month to stop them from turning to irresponsible lenders.

3
Must include independent financial education

Empowering employees to make the right decisions when it comes to their money can only be done through effective, independent financial education.

money
4
Doesn’t increase employee debt in any form

Encouraging debt shouldn’t be a part of a financial wellbeing strategy that is genuinely

committed to improving the lives of employees. Loaning money won’t change behaviours or reduce financial stress.

5
Must promote good saving habits

How we feel about our money depends on the choices we make every day. Encouraging staff to make the right decisions and build good savings habits early on is the best way to help them feel better about their money, reduce workplace stress and get on well at work.

Meet Sarah

Sarah represents over half of the Irish working population.


Let us tell you her story

This is Sarah

Low credit score
check-circle
Earnings
€28,667
Savings
€250
Household debt
€15,385
Rather than help, financial services take from Sarah:
€163 fee for €250 payday loan
€5 a day overdraft fees
70% APR high-cost credit card

The only financial institution she can trust is her employer who pays her.

Sarah’s employer wants to give their staff more support so they can work with less stress and give better customer service.

Retention rate
41%
staff turnover
Recruitment costs
€5,873
/employee
overview
Salary advance
€57,000
cost a year in chaps fees
Sarah’s employer struggles with issues of their own:
Overtime shifts hard to fill
Improve workplace culture
Reduce workplace stress
Financial wellness is on their agenda
That’s why we built Wagestream for Sarah and her employer
Sarah
work
Her employer
  • Sarah never has to go into overdraft or take a loan
  • Sarah is happier and less stressed
  • Sarah can afford unplanned expenses
  • Easier to recruit and retain staff
  • Better workplace culture. Improved productivity
  • No more salary advances. Ever
  • Measurable improvement in financial health

You’re in good company

We work with organisations across all industries and sectors who share in our mission for a healthy, happy and engaged workforce who are in control of their finances.

Tim Painter HR Director, Stonegate Pubs

“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. Our employees have had an overwhelmingly positive reaction to the introduction of this service.”

50%
of people say Wagestream reduced financial stress
HR Manager, David Lloyd clubs

“We asked if they could turn a launch around in 3 weeks! They absolutely delivered this and not only did they ensure that they were set up from their side of things, but they also supported us to get our plan and communications together ready for launch. I have never known such a quick response time to queries from both the HR team and employees, along with fantastic levels of customer service. I would recommend working with the Wagestream Team to anyone!”

Claire Clarke HR Director, Casual Dining Group

“You can’t put a value on it if employees are coming to work with less stress when it comes to their finances. They’re going to be able to deliver excellent customer service and be happier in their environment.”

35%
say Wagestream stops them from taking a payday loan
43%
say Wagestream was used to cover an unexpected bill