Case Study: Toolstation achieves reduced financial stress and improved employee wellbeing with Wagestream

How Toolstation give staff control over their money

Toolstation discovered that financial stress from a locked monthly pay cycle was harming colleague wellbeing and forcing some people to use payday loans or ask for advances. They partnered with Wagestream to address this problem using Wagestream’s earned-wage-access and financial-wellbeing platform.

Wagestream rolled out its service end-to-end—handling communications and onboarding—and provided features like on-demand access to earned pay, shift tracking, pay transparency, savings tools and financial education. The result was immediate: colleagues could access wages in seconds, managers found it easier to support new starters, and Toolstation reported reduced financial anxiety, improved budgeting, increased willingness to take overtime and a noticeable boost in staff wellbeing thanks to Wagestream.

Toolstation

Cherie Marchant

HR Director