Pub and hotel chain Fuller’s is giving its 5,000 employees early access to their furlough pay during the Covid-19 (Coronavirus) pandemic.
Employees at all of its 200 pubs and hotels, and those working in the organisation’s supporting functions, can access up to 30% of their pay in advance to help with any financial issues that might arise before pay day.
Fuller’s plans to roll out Wagestream’s income streaming services later in the year, have been fast tracked due to the current climate. Employees can access funds via an app and receive their money within 24 hours of requesting a payment, subject to a £1.75 fee.
Dawn Browne, people and talent director at Fuller’s, said: “Our people are at the heart of our business and looking after them is our top priority. With all pubs temporarily closed, these are worrying times for our team members. We already signpost help and advice around mental health, but we know that finances are one of the biggest causes of anxiety at any time.
“We had already planned to roll out Wagestream as there are times when our team members need to access some of their money in advance of payday – but in light of the additional pressures of being furloughed, we decided to go ahead and get the roll out complete.
“It’s not just the early access to wages that are appealing to Fuller’s though. We are big believers in giving our team members the personal tools they need to manage their finances and Wagestream offers access to tips and guides for improving your financial health too. It’s an exciting partnership and one that I know will be well received.”