What is Wagestream and how does it help employees?

Wagestream is a financial wellbeing fintech company that provides tools and support to help employees manage their finances better. The platform offers financial education and wellbeing programs designed to improve staff financial health, particularly during times of inflation and rising interest rates.

Why did Barbeques Galore partner with Wagestream?

Barbeques Galore partnered with Wagestream to improve its employee benefits program and address staff retention and attraction in a competitive employment market. The partnership aims to support employees' financial wellbeing, which research shows is highly valued by job seekers and current staff.

Do financial wellbeing programs actually help retain employees?

Yes; according to a Wagestream survey of over 1,000 Australians, 47.5 percent of respondents would be incentivized to stay with their employer if supported with financial wellbeing programs, and 80 percent feel more positively about employers offering such tools. However, only 25.7 percent of employees currently have access to these programs.

Barbeques Galore Partners with Wagestream for Staff Wellbeing