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


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2 nd
week

Planning & training

Planning & training

3 rd
week

Launch & review

Launch & review

4 th
week
check-circle

Support

check-circle

Support

A profile picture of

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 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

and watch what will happen…

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 5.8 million people in the UK 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.

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