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Humanforce to acquire Wagestream Australia, empowering deskless workers to manage their work, earnings and financial wellbeing in a single workforce management solution

SYDNEY, Feb. 9, 2023 /PRNewswire/ Humanforce, a Sydney-based global provider of workforce management and payroll solutions,today announced its acquisition of the Australian operations of Wagestream (formerly Earnd), Australia's largest provider of on-demand pay (also known as earned wage access). Founded in 2018 as a charity-backed and mission-led financial wellbeing organisation, Earnd set out to change the way employees interact with their money, and ultimately change the way employers deliver financial wellbeing tools to ensure a positive impact on their employees' lives. After only four years in operation, the company boasts well-known customer brands including BPAY, Hungry Jack's, Carnival Cruises, JD Sports and Accor. This is Humanforce's second acquisition since leading technology-focused private equity firm Accel-KKR bolstered its investment in the business with its second round of funding in May, 2022. Over the last three years,Humanforce has delivered SaaS bo

Plymouth servers surprised with $4,600 tip at Tavern on the Wharf

A Facebook group that first came together to motivate each other is now motivating others to perform random acts of kindness after leaving a huge tip.

Fintech Firm Wagestream Releases Australian State Of Financial Wellbeing Report

Fintech Firm Wagestream Releases Australian State Of Financial Wellbeing Report
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Wagestream launches Australian State of Financial Wellbeing Report, reveals glaring disconnect between employers and employees

58% of employers believe they offer financial wellbeing tools, but only 36% of employees believe they receive them One in two employees would "think more favourably of my employer" and "be more likely to stay with my employer" if they were offered financial wellbeing tools Almost 30% of employees run short of money for food and regular expenses, under 50% can save regularly, and almost 40% struggle to meet bills and commitments from time to time Yet just 6% of employers plan to run a financial wellbeing program within next 12 months SYDNEY, Nov. 16, 2022 /PRNewswire/ Financial wellbeing fintechWagestream, as part of its Financial Inclusion Action Plan,has launched the inaugural Australian State of Employee Financial Wellbeing Report in a bid to identify how Aussie workers' skyrocketing cost of living pressures can be eased. Wagestream Australia CEO Josh Vernon The report is one of the largest pieces of research into employee financial wellbeing globally, undert

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