Transform your employees financial wellbeing

Wagestream allows employers to make a material difference to the financial wellbeing of employees by giving them the power over when they get paid. By doing so, you can reduce the financial pressure on employees - 86% of our users said they felt less stressed through the Covid period because of Wagestream - and provide them with a positive alternative to taking on high cost credit.

The best employee benefit

In as little as 4 weeks, with zero set up costs, you can transform the financial well being of employees, at a time they want it most. We plug into Zellis technology and our app gives every employee power and control over their pay in 4 helpful ways: instant pay access (including furlough and hardship funds), pay tracking (used by 75% of users), instant savings and financial tools and advice. Across our platform, over 1 in every 2 employees uses Wagestream and we have employee reviews and employer case studies that show its engagement and impact on businesses.

Slash recruitment costs by keeping people longer.

Research by EY has shown that 75% of employees who experience financial difficulties have reported a material deterioration in their health and wellbeing, manifesting itself at work as distraction, absenteeism, reduced performance and ultimately employee turnover. Wagestream can reduce this financial and administrative cost to your business and at the same time increase employee satisfaction, loyalty and your attractiveness as an employer. Our data shows that employers who use Wagestream are able to reduce staff turnover by 16%.

Accelerate take up of overtime

The simple fact is that most people see overtime as an immediate cost of their time, with a delayed financial reward. Wagestream closes the gap between effort and reward, letting your people track and access the extra pay from their overtime shift the very next day. Our data clearly shows that by reducing this gap, employers can accelerate the take up of overtime and reduce the hassle, headaches and external costs of filling shifts.

A secure service that transforms employee experience

Wagestream is a FCA registered, cloud-based service. It wraps around all payroll and a range of WFM tools, without impacting them. Our usage data shows that Wagestream can increase employee productivity and motivation, and reduce stress in 4 weeks or less. All without creating extra work for payroll or HR, with zero integration costs, and no impact on cash flow. You can customise how your employees use the service via the employer portal, backed by a full support package 24/7.

Product Features for employees

Employees work then wait to get paid, whilst their financial wellbeing is under pressure. All because payroll is hugely complex. The end result, a business process that causes 7 in 10 employees financial and emotional stress, and means many people are forced to pay extortionate fees to tide them over. Not so with Wagestream, we’re winning in our mission to transform pay and transform employee’s lives from the most important starting point - pay.