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Click here for the latest Coronavirus updates from Fourth

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Wagestream is now Available to Fourth’s Payroll Customers at no Additional Cost

We understand the significant impact that COVID-19 has had on the hospitality sector and the challenges operators have faced to reopen safely and effectively amid ever changing regulations. New measures have resulted in increased financial pressure for hospitality sector employees, which can have an impact on their health and wellbeing.

Fourth and Wagestream want to do as much as we can to support the sector so are now offering the Wagestream Financial Wellbeing Platform as part of the Fourth Workforce Management solution, at no additional cost to customers using the payroll module.

Wagestream is already being used by many Fourth customers, with proven success of increasing staff wellbeing, retention, and productivity. It’s fully integrated into the Fourth platform meaning additional resources are not required to activate, so your employees can quickly start benefiting from the Fourth and Wagestream Financial Wellbeing Platform.

The Fourth and Wagestream Financial Wellbeing Platform

Wagestream is a financial wellbeing platform that allows your staff to track and access their wages as they work, automatically build a savings pot, and learn better money habits.

The Benefits of Fourth x Wagestream

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Track

Employees can track earnings in real-time, set up reminders for recurring bills and clearly see their incomings vs outgoings. 55% of users now feel more in control of their finances.

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Stream

Employees can access earned wages, cover unexpected expenses and avoid unnecessary debt. 42% of users have since avoided turning to payday lenders.

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Learn

Financial health tools and trusted and impartial information to build money confidence. 6x a month users access financial tools and tips in the app.

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Save

Create a savings culture through incentivised savings directly from their salary. Help your employees save for a more secure financial future. Employees who stream are 2-3x times more likely to start saving.

Fourth Customers Already Benefitting from Wagestream

“It’s not just the early access to wages that is appealing to Fuller’s though. We are big believers in giving our team members the personal tools they need to manage their finances and Wagestream offers access to tips and guides for improving your financial health too. It’s an exciting partnership and one that I know will be well received.”
Dawne Brown

People & Talent Director, Fuller Smith and Turner

“We are excited to partner with Wagestream and be able to give our employees an instant and accessible way to access their wages. We want to make things as easy as we can for our teams and Wagestream will be key in delivering that.
By launching Wagestream now, it means our employees can access their furlough pay before we receive it from the Government which will ensure we are continuing to support them during these tough times.”
Kate Moscardini

Head of People Experience, Honest Burgers

“In these uncertain times it’s important to give as much help and support as you can to your staff and using Wagestream we felt we would be supporting our staff with increased access to their incomes at a time of extreme uncertainty and need.”
Joanne Sullivan

Head of People, Byron

“Wagestream has been an absolute Godsend for help with managing my finances. I’ve reduced my reliance on credit to bridge what is very often a small gap at the end of the month but would cost me so much more if I used credit instead of the money I have already earned. I was hesitant to use it at first as I thought it would push me into further debt but that has not been the case at all – it’s actually helped me rack up less debt and I am now on track to gain better control of my finances.”
Employees

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Learn more about our Wagestream feature at no Additional Cost.

To find out more or to activate this new feature, complete the form to the right and a product specialist will be in touch!