The retail co-operative society has partnered with MHR to launch iTrent Financial Wellbeing benefit, powered by Wagestream, as part of its wider ‘We’ve Got You’ wellbeing campaign.
The new benefit will allow employees to access up to 50% of their earned pay at any time during pay cycles, and offers professional financial guidance to help them manage their personal finances.
It also offers tools to monitor financial health and progress, and a competitive interest rate for saving money.
Central Co-op is running webinars for employees and managers on how the benefits works. The programme will be hosted on the employer’s centralised platform, Difference Maker Hub, which offers recognition and rewards, resources, and discounts at hundreds of retailers.
Jennifer Roberts, senior reward and wellbeing manager at Central Co-op, said: “Our mission is to support our teams and [employees] in every possible way. The launch of iTrent Financial Wellbeing, powered by Wagestream, is a testament to our commitment to building a healthier, happier and more financially secure future for everyone. ‘We've Got You’ is not just about addressing workplace challenges; it’s about recognising that life extends beyond office walls.
“[Employees] can access a wide range of resources on our new online wellbeing centre to support them through both professional and personal challenges, with many services available outside regular working hours to ensure support is there when its needed most.”
