Case Study: Travelodge helps employees save over £1 million with Stream

Travelodge saves £1.1 million with Stream

Travelodge, a hospitality company, sought to enhance its employees' financial wellbeing. The challenge was that employees lacked visibility into their earnings between paydays and struggled to cover essential costs while waiting for payday, which caused financial stress. To address this, Travelodge turned to the vendor Stream and its financial wellbeing platform.

By implementing Stream, Travelodge gave employees on-demand access to their earned wages and tools to track their pay. The solution led to significant results, including £1.1 million deposited into Workplace Savings. Measurably, 74% of employees felt less stressed about money and 85% retention was achieved amongst employees with over six months tenure. Stream also helped reduce payroll queries for the business.

Travelodge