Leading Dynamic Workforce Management Platform Integrates With Industry Leader for Worker Instant Payment and Financial Education
London, UK–Sirenum, the leading UK-based provider of technology solutions for innovative temporary staffing agencies, is proud to announce today that it has entered a strategic partnership with Wagestream, the leading UK provider of solutions for employees to regain financial freedom, enabling workers to withdraw earned pay in advance of payday for a simple one-time fee. ProActive Rail, a leading provider of staff to the transport industry in Greater London, is the first joint customer of the two businesses to take advantage of the integration.
The cooperation between the two London-based companies was announced in conjunction with Sirenum’s sponsorship of SIA’s Collaboration in the Gig Economy, the leading European conference for buyers and sellers of contingent and hourly work. Sirenum CEO and founder Benjamin Rubin is featured on the event’s keynote panel.
“Both Sirenum and Wagestream are transformative solutions for hourly workers and their employers,” said Rubin. “Our values are well aligned, as are the benefits we provide to our customers–more engaged staff, improved processes, and more transparency into the payroll process for both agencies and their temps. We’re thrilled to be working together to streamline staff management for British staffing agencies and their workers.”
In addition to expediting access to earned wages, Wagestream’s mission is to eradicate payday loans, which are inevitably extortionate and still very prevalent in the UK. The Wagestream app includes resources for financial education and allows employers to monitor usage and dial up or down access to put their employees in the best position for financial health.
Wagestream CEO and founder, Peter Briffett hailed the partnership, saying “This is a crucial step towards giving much needed financial stability to thousands of temporary and hourly workers in the UK. We’ve seen that businesses that offer their workers flexible pay experience a remarkable increase in retention and engagement of temporary staff. The integration with Sirenum will shorten the time it takes to get hard-earned money into the accounts of workers via Wagestream, further shortening the link between work and reward, boosting worker productivity and loyalty as a result.
“Staff engagement has been a core value of ours for years,” said ProActive Rail CEO Ruth Purim. “Sirenum has been transformative for our business. Enabling our staff to use Wagestream will further increase engagement and retention. Going with Wagestream was a no-brainer.”
The integration is available immediately to UK staffing agencies and other employers of hourly workers. For more information, please contact your Sirenum or Wagestream representative.
Sirenum powers the dynamic workforce. As the leading global provider of cloud-based workforce management technology to temporary staffing agencies, Sirenum provides transformational technology to innovative employers, streamlining the management of hundreds of thousands of workers across the UK, Europe, and the USA, including organisations in the government, transport and logistics, care, and security and events verticals. To learn more about Sirenum technology for dynamic workforce management, please visit www.sirenum.com/solutions.
Contact: Joshua Pines, Director of Marketing and Corporate Development, josh.pines+PR@sirenum.com
Wagestream allows all employees, both salaried and hourly, to have complete control over when they get paid. It effectively ends the stress caused by monthly pay cycles and prevents millions of UK workers suffering overdraft charges, credit card debt, or worst case, entering cycles of poverty caused by payday loans.
Wagestream is a social impact, charity backed platform, that has proven and significant retention, productivity and recruitment benefits for employers.
Wagestream Ltd is registered with the Financial Conduct Authority as an EMD Agent (reference 902046) of PayrNet Limited, an Electronic Money Institution authorised by the Financial Conduct Authority (reference number: 900594).
Find out more here: https://wagestream.co.uk/
Media Contact: Clarity PR on behalf of Wagestream
Phone: +44 (0) 20 7100 1333