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Travelodge, a leading hotel chain with over 600 locations, prioritises the wellbeing of its 13,500 colleagues as part of its purpose to be the 'Brilliant Base'. Given that 86% of its workforce is part-time, supporting financial stability is crucial to its strategy, which aims for an inclusive workplace where everyone can 'get in and get on at a time that’s right for them.'
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Workplace Savings
91%
of colleagues say they feel happy with Travelodge introducing Stream
80%
of colleagues using Stream feel more in control of their finances
76%
report feeling less stressed
A focus on financial wellbeing
Travelodge recognised the need to enhance its colleagues' financial resilience. While the company was already focusing on providing stable contracts (avoiding zero-hour contracts) and offering career progression through its Aspire development programme, it required an innovative tool to support employees who needed access to their wages between paydays, helping them avoid reliance on high-cost credit options.
This led Travelodge to introduce Stream as a key part of its comprehensive 'Better Me' wellbeing strategy, which addresses emotional, physical, work, and financial wellbeing.
Empowerment and control
The introduction of Stream has had a significant, positive impact on colleague sentiment and financial habits:
Colleague feedback highlights:
"Brilliant if you want to have control of your salary and quick check they approved all your hours..."
"I like the breakdown of the shifts and how much you get paid. It helps me understand my money and budget better."
"Thank you for this app, it really is life changing. ...not having to wait payday to payday to help feed my family really helps."
"Since having the app, I have found managing money a lot better. Seeing what I’m earning from day to day has been good it gives me an insight of what and how I’m earning."
Business outcomes and broader impact
While still early in the journey, Travelodge has observed encouraging trends that support positive business outcomes:
The platform's additional features, such as Workplace Savings and access to financial coaching are also key components. The save function is actively promoted to encourage financial resilience.
Advice for other businesses
Travelodge's Katharine Gourley - Director of People Operations, shares advice for companies considering Stream and other financial wellbeing benefits, emphasising that the benefit is about much more than just drawing down on wages early:
"Understand your demographic and what parts of this will be most useful to your colleagues—we’ve focussed on promoting the save function to our salaried colleagues for example... It’s easy to assume that’s all people will use it for but we’re finding really heavy usage of the other features."
By offering Stream, Travelodge reinforces its commitment to its colleagues' financial wellbeing, helping them manage unexpected costs, budget more effectively, and ultimately supporting its goal of being a workplace where individuals can thrive and progress.
Talk to us about the positive impact we can have on your teams and your business.