Wagestream

TGI Fridays axes free meals for staff

TGI Fridays has announced that staff who work a shift longer than 10 hours will no longer receive free meals. The company stated that staff would instead receive a 50% discount on all menu items, something that all staff received when working less than 10 hours. Unite Hospitality has launched…

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Over 2m hospitality workers suffering ‘declining mental health’

Over 2 million people who work in the hospitality sector are suffering from “declining mental health” as a result of the cost of living, according to the State of Financial Wellbeing index from Wagestream. The index also found that 67% of hospitality staff have cut back on their spending with…

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Hospitality shifts down 68% on pre-lockdown levels, research finds

The hospitality industry is missing out on a “crucial post-lockdown renaissance” with shifts down 68.9% on pre-lockdown levels, according to new research by Wagestream. The group said that even in England, where pubs, restaurants, bars and cafes have been able to open since 4 July , the number of shifts…

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Prezzo enables early access to furlough pay

Prezzo is now offering income streaming to its 3,000 employees to enable early access to furlough pay amid the ongoing pandemic. The income streaming will allow workers early access to accrued pay, and provider Wagestream has also extended its service to cover furlough pay from the government during the crisis. …

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Hospitality slowdown worsens with 98% collapse in shifts

The hospitality industry has now suffered a 98% slowdown as the coronavirus shutdown continues to weigh heavily on the sector, according to income streaming provider Wagesteam.  Wage stream found that the number of shifts being carried out by workers in the hospitality industry has fallen 97.96% month on month, deteriorating…

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Hospitality sector suffers 76.6% slowdown due to coronavirus lockdown

The hospitality sector has experienced a 77% slowdown in the past month according to new analysis which lays bare the impact of the coronavirus pandemic, according to income streaming provider Wagestream. The analysis reveals how the industry has been forced into a “radical decline” since but is still “soldiering on”…

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