Case Study: Anchor improves colleague wellbeing and reduces agency spend with Stream

Anchor - Customer Case Study

Anchor, a not-for-profit care home organization, faced significant workforce challenges and needed to improve the financial wellbeing of its employees. They sought a solution that could provide personalized tools to help their colleagues manage their money and partnered with Stream for its financial benefits platform.

Stream implemented a comprehensive platform offering flexible pay, budgeting tools, savings options, financial coaching, and rewards. The results were substantial: over 50% of colleagues used the benefits, £600,000 was saved in six months, and 82% of members felt less stressed. Additionally, the flexible pay options helped reduce agency spend for Anchor by enabling employees to pick up more shifts.

Anchor

Rob Martin

Executive Director of Care Services