Financial pressures are at an all-time high for workers throughout the UK after months of lockdowns and closures. Further pressure throughout January and February has caused even more financial stress.
That’s why we’re proud to announce that we’re working in partnership with Wagestream, Europe’s leading Financial Wellness platform, to ease some of the financial pressures brought about by COVID-19 and bring true financial wellbeing to more and more workers across the UK.
This partnership will further our mission to support employee engagement with innovative and fully inclusive benefits. iCOM clients will now be able to access powerful financial wellbeing tools via our brandable benefits HUB to better support and engage their workforces along with a range of other voluntary benefits designed to stretch pay and make disposable income go further.
Wagestream allows employees to track and access a percentage of their earned pay whenever they want to if they face unexpected expenses. They will also be able to save with Safestream — a micro-savings tool that allows them to proactively put aside small, regular sums straight from their pay cheque. A hub of financial education tools provided in conjunction with The Money Advice Service will help them become more confident and feel in control of their money.
The current economic climate makes this partnership more important than ever. 2020 put many workers under extreme financial pressure, so iCOM is proud to add something to the platform that would support them during this difficult period and beyond.
Chris Last, Director of Sales & Strategic Partnerships, iCOM Reward commented:
"Adding Wagestream’s innovative technology to our platform means that we can help current and future clients to better support their people. We see earned wage access as a powerful tool that's about to become a key part of the workplace around the globe. We’ve partnered with Wagestream as they have a simple solution that offers Earned Wage Access which genuinely works for organisations and their people. We can’t wait to start bringing earned wage access to more and more workers throughout the UK."
Peter Briffett, Wagestream CEO & Co-Founder commented:
“We’re delighted to be working with such a well-established and experienced benefits provider such as iCOM. Bringing together our innovative technology and their decades of experience and knowledge is the perfect partnership. It’s now more critical than ever to provide access to wages as they’re earned and this partnership will help us to support more and more workers throughout the UK. We’re looking forward to working with their team to extend earned wage access to as many workers as possible.”
Wagestream and iCOM are now working together to open up access to earned wages to employees throughout the UK.
If you’re already working with iCOM and want to start providing vital financial support to your staff, get in touch by contacting us at firstname.lastname@example.org.
If you want to understand more about the partnership and working with Wagestream, let us know.