Wagestream gives your staff access to their wages as they're earned, for a benefit that empowers your staff to make retail great again. We're proud to be the only financial wellness solution that's supported by the Retail Trust.
The link between access to income streaming and reducing attrition is real as, with employer data, we've proven to reduce attrition by 16%.
Wagestream can guarantee, with the use of employer data, to reduce the number of people leaving your business by 16%, in less than 12 months.
Employees who are actively using Wagestream can feel a stronger link between their work and what they earn, therefore have done on average, 22% more hours per month.
80% of users feel more positive about their employer since the introduction of Wagestream. This is only going to strengthen the loyalty between you and your employees.
Camden Town Brewery
Camden Town Brewery were experiencing high levels of salary advance requests so wanted to provide their staff with a flexible benefit that gives them more autonomy over how they get paid.
We experience a 53% adoption rate within the first 60 days in the Hospitality and Retail industry.
76% of staff feel less stressed as a result of using Wagestream. By providing staff with practical financial tools, they’re better able to manage their finances and worry less about their money when they’re at work. This means improved customer service for your business.
71% of staff check the app weekly to track their earnings. This encourages staff to do more hours when they can see the instant increase in what they're going to get paid.
Over 30% of staff make transfers every month. This means your staff will regularly use this benefit therefore are less likely to move to another company that doesn't offer the service.
Unlike others, we won't sell loans to your people because loaning money won't reduce financial stress or have the positive business benefits you're looking for.
Your dedicated Partner Success Manager
will work with you to understand
your specific business needs and
how to overcome them
We work closely with your internal teams
to provide training and manage
implementation and rollout
so that impact on your
organisation is minimal
Launch and review
You get complete visibility and control
over employee usage and we will measure
the effectiveness of your financial
wellbeing strategy so that you get
the most from your benefit
Your Partner Success Manager will
always be on hand to support you and your
employees throughout launch and beyond