What is financial wellbeing and why does aged care need it?

Financial wellbeing refers to tech-based tools and services that help employees manage their finances and access earned wages when needed. The aged care sector is adopting these solutions to address staffing shortages and improve employee retention by reducing financial stress among workers.

How many aged care workers in Australia now have access to Wagestream?

Around 2,500 staff members across Southern Cross Care Queensland, Vacenti, and CareChoice now have access to Wagestream following recent partnerships, joining a global cohort of over 500,000 aged and health care employees on the platform.

Is Wagestream used by other major health care providers?

Yes, Wagestream already services major health care providers including Bupa and approximately 300,000 National Health Service (NHS) employees in the United Kingdom, demonstrating its proven track record in the aged and health care sectors.

Aged Care Adopts Financial Wellbeing Tools to Attract Staff