Salutem Care and Education has introduced Wagestream Workplace Savings, a progressive financial initiative aimed at improving staff wellbeing.
- Wagestream Workplace Savings offers a 4.7% annual equivalent rate (AER), facilitating attractive savings opportunities for employees.
- One of the key benefits of this offering is the flexibility it provides, allowing employees to withdraw funds at any time without penalties.
- Salutem’s commitment to employee wellbeing is further reinforced by their national recognition in workplace awards and their top employer status.
- John Godden, CEO of Salutem Care, emphasizes the importance of employee wellbeing in delivering superior care and education.
Salutem Care and Education has recently rolled out Wagestream Workplace Savings as part of its commitment to enhance financial wellbeing for its staff. This strategic step introduces additional benefits beyond the existing Wagestream salary streaming services.
Wagestream Workplace Savings distinguishes itself with a compelling annual equivalent rate of 4.7%, standing out as an attractive option compared to many high street savings accounts. Its design caters to employees by removing the need for a fixed deposit requirement, making it accessible to a broader range of staff.
The flexibility inherent in Wagestream Workplace Savings is a significant highlight. Employees can access their savings whenever needed without facing any fees or penalties, a stark contrast to conventional saving plans that often restrict withdrawals.
Furthermore, the account is secured under the Financial Services Compensation Scheme, offering additional peace of mind regarding the safety of their savings. This assurance is critical as it allows employees to manage finances confidently, knowing their funds are protected.
This initiative aligns with Salutem’s broader strategy to champion employee welfare. In recent years, the company launched ‘Salutem Extras,’ an app providing various benefits and perks, reflecting a sustained effort towards fostering a robust people-first culture.
Salutem’s dedication to its workforce has not gone unnoticed. It has been consistently recognized for its inspiring workplace culture, earning accolades such as being listed among the top 50 Inspiring Workplaces and as a leading employer by the Top Employers Institute. Such accolades affirm the organization’s steadfast focus on its staff’s wellbeing.
John Godden, the CEO of Salutem Care and Education, articulates the critical link between employee satisfaction and quality service delivery. “At Salutem, we know that the wellbeing of our employees is key to providing the best care and education for the people we support,” he notes, underscoring the company’s mission to enhance staff welfare continually.
Salutem Care and Education’s introduction of Wagestream Workplace Savings marks a pivotal step in promoting financial stability and staff wellbeing.
