Wagestream

Why we do what we do.

"Without financial wellbeing, it’s very hard to find the mental energy to develop yourself or focus on your career. That security allows you to respond to challenges and pursue opportunities for growth." -Alex Henley, Culture & Colleague Experience, Co-op Premiering in Talk Money Week, we're delighted to have Alex Henley and Emily Trant discussing how the Co-op implemented powerful workplace savings that boosted employee participation by more than 50%, and what the future looks like for other businesses looking to do the same for their people. 💸 Save your seat: https://hubs.la/Q02W9W8P0

Do those at the top know the true financial lives of their lower-earning people? Thank you HR magazine for sharing our latest research today, produced with CogCo, which delves into the 'empathy gap' between higher and lower earners in the UK, when it comes to finances such as income, savings, and spending: https://hubs.la/Q02VZXZc0 It reveals executives considerably underestimate the financial savviness of lower earners, and often fall into the trap of thinking financial literacy alone will solve financial wellbeing for their workforce. The key message here is that to address this gap, employers must pivot towards action-focused solutions - rather than relying on comfortable but often ineffective interventions like education only. Read the State of Financial Wellbeing 2024 here - https://hubs.la/Q02VZWYJ0

Many leaders think the answer to employees struggling with the cost of living is financial education. But while education is helpful, new research has revealed a perception gap between senior leaders who govern financial wellbeing policies and their working populations. Understanding this gap can help to build better solutions.

Heading to CIPD's Annual Conference in two weeks? Catch the Wagestream team at C7, and Emily Trant leading a panel session on the main conference agenda on Wednesday 6th, speaking alongside Rebecca Pearson, GM of Bupa Care Services and Owain Service, CEO of CogCo and former MD of the Government's Nudge Unit. The session will reveal how behavioural science practices can take your financial wellbeing to the next level, with real life examples from Bupa which has taken on these learnings with astonishing results. Make sure to save your seat for the main stage session 😉

Premiering in Talk Money Week 💸 In the UK, a significant savings crisis is impacting nearly a quarter of adults, with 25% having £100 or less in savings and 17% having no savings at all. This financial vulnerability can have serious effects on employee wellbeing and productivity. We're delighted to have Alex Henley and Emily Trant discussing how the Co-op implemented powerful workplace savings that boosted employee participation by more than 50%, and what the future looks like for other businesses looking to do the same for their people. Save your seat: https://hubs.la/Q02Vstyj0

What would you think if an employee didn't turn up for work on payday? It might not be what you suspect... This episode of Invisible Worker explores the murky world of illegal money lending, the impact on everyday workers, and shines a light on how prolific workplace loan sharks are in the UK. Catch the latest episode: 🎙️ Spotify - https://hubs.ly/Q02VhRtL0 🎙️ Apple - https://hubs.ly/Q02VhSmT0 🎥 FWF website - https://hubs.ly/Q02VhQzJ0

As part of our spotlight sequence we’ve been catching up with members of our Go-to-Market (GTM) team to share their journeys, lessons learnt and advice that has helped them through their careers to date. In this piece we speak to our Head of Delivery, Emelia, to learn more about her ascension to leadership and the part she plays here at Wagestream.

Thank you to the speakers who took to the main stage of this year's Financial Wellbeing Forum to share their incredible stories and insights. Wagestream to proud to support this industry-leading event. We welcomed: 🏦 Bank of Dave 🇬🇧 Tulip Siddiq MP, Economic Secretary to the Treasury 📚 Sarah Holmes Berk, Harvard University 🔎 Alice Martin, Work Foundation 💸 Emily Trant, Wagestream 🐒 Nisha Katona, Mowgli Street Food ✅ Peter Cheese, CIPD 🛒 Natasha Rice FCIPD, Tesco 🛍️ Helen Dickinson, British Retail Consortium 👨⚕️ Martin Jones MBE, Home Instead 👨⚕️ Adam Kay, of 'This is Going to Hurt'  🔍 Anne Angsten Clark, Nest Insight 🧠 Owain Service, CogCo

"I'm borrowing to put food on the table and money in the electric meter." This episode of Invisible Worker explores the murky world of illegal money lending, the impact on everyday workers, and shines a light on how prolific workplace loan sharks are in the UK. Catch the latest episode: 🎙️ Spotify - https://hubs.la/Q02T3tTd0 🎙️ Apple - https://hubs.la/Q02T39Q20 🎥 FWF website - https://hubs.la/Q02T3FKJ0