Challenges
HCRG found that their employees did not have savings as a buffer for unplanned expenses which consequently took an effect on their financial wellbeing. They desired their employees to have more control over short notice shift pay, allowing them to access some of their earned wages at the end of the shift.
They wanted to empower employees to improve financial wellbeing but did not want to add to HR and payroll workloads.
Solutions
Wagestream and iTrent provided a solution for HCRC employees to save money every month, by introducing a user-friendly flexible pay system which reduced financial stress.
The new systems delivered a solution that supported the groups broad financial education objectives, whilst achieving the aim of a simple to administer system. Paul Lundbeck stated “Wagestream is no extra work for us. It just runs in the background. It needs minimal payroll input.”
Benefits HCRG saw:
- Employees managing their admin
- Positive implementation process
- Flexible access to pay
- Improves employee wellbeing
- Simple and easy to use
