Case Study: schuh improves employee financial wellbeing with Stream Platforms

Schuh boosts employee adoption to 78.5% with Stream

schuh, a leading UK footwear retailer, faced a challenge in supporting its predominantly young, hourly-paid workforce. Employees sought more flexibility with their finances, and traditional monthly pay cycles were creating financial pressure. Schuh needed a solution that aligned with its core values and provided meaningful financial wellbeing support beyond simple pay advances. They partnered with Stream to implement its financial wellbeing platform.

Stream provided Schuh with a complete toolkit including earned wage access, savings, loans, and financial education. The solution achieved a 78.5% adoption rate, significantly reducing employee financial stress and reliance on staff loans by 85%. Over a thousand employees became active savers, collectively saving £202k. The platform also eased operational burdens on payroll teams and became a key benefit for attracting and retaining talent, strengthening Schuh's employer proposition.

Schuh