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Bensons for Beds launches workplace finance platform for colleagues

Workers can now track earnings in real time, save directly from wages, access earned pay before payday, consolidate pension pots and use benefits and discounts. 

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Bensons for Beds has launched the workplace finance platform Stream to provide its employees with more practical support around financial wellbeing. 

Stream allows workers to track earnings in real time, save directly from wages, access earned pay before payday, consolidate pension pots and use benefits and discounts. 

Colleagues can also receive personalised guidance and education through Stream’s coach feature.

Carrie Westwell, chief people & culture officer at Bensons for Beds, said: “Financial wellbeing is now one of the most important ways employers can support their people. 

“It is not just about what someone earns, but how easy it is for them to plan, manage the unexpected and feel more confident about the future.

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“At Bensons, we want our reward and benefits offer to be practical, relevant and genuinely useful in colleagues’ everyday lives.”

Westwell added: “Stream gives our teams more visibility and flexibility, while sitting alongside the wider package of pay, benefits, wellbeing support and development opportunities we are continuing to build.

“Our colleagues are the heart of the Bensons experience. They bring our sleep expertise to life for customers every day, so investing in their wellbeing is fundamental to the culture we want to create and the kind of business we want to be. 

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“So far nearly a third of colleagues have already enrolled and 70% of them have already set up a savings pot.”

Peter Briffett, CEO and co-founder of Stream, said: “The best employers are recognising that their people are their greatest asset, and that true financial support doesn’t stop at a salary. 

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“By giving colleagues tools to support greater visibility over day-to-day money management, along with long term financial planning, Bensons are investing in the financial future of thousands of UK workers. We’re proud to be a part of that.”

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