Salutem Care and Education introduced Wagestream Workplace Savings to its full Wagestream offer of salary streamlining and other financial benefits.
Wagestream, is a platform for financial benefits designed to help colleagues maintain their financial well-being.
Employees can access an account at their workplace with an attractive annual equivalent rate of 4.7% (AER). This is a great tool for managing finances.
Wagestream is unlike many other high street accounts that require employees to deposit a certain amount in order to receive the competitive interest rates. The flexibility to withdraw savings without fees or penalties is another benefit.
The Financial Services Compensation Scheme protects all staff money, so they can invest with confidence.
Salutem Care and Education has been working to improve employee well-being for many years. This initiative is part of that effort. It has launched several initiatives in recent years. One of them is ‘Salutem Extras,’ an app which offers employees additional benefits.
Salutem Care and Education was named one of the top 50 Inspiring Places to Work in 2024, recognizing their outstanding efforts towards creating a “PeopleFirst” culture. The Top Employers Institute has also named the organisation as one of the UK’s top employers.
John Godden is the CEO of Salutem Care and Education. He said: “At Salutem we understand that our employees’ wellbeing is crucial to the care and education we provide for those we support. We give our employees more financial flexibility and peace-of-mind by continuing to develop and enhance our partnership with Wagestream and initiatives like Salutem Extras.
The fact that we have been named an Inspiring Workplaces Award and recognized as a Top Employer is testament to the efforts we make to ensure our people come first. This is another step to ensure that our teams are valued and supported each day.
The first time this post appeared was on Human Resources News.
