Casual Dining Group unveils new suite of financial services including on-demand pay for employees

Cafe Rouge

Casual Dining Group has boosted its employee benefits by unveiling a new suite of financial services  across its entire portfolio of brands.

The suite includes the availability of on-demand pay, real-time financial education and an innovative range of financial welfare tools for its clients.

The company says that the move demonstrates its commitment to attracting and retaining the best people in the industry, as well as safe guarding its employees against possible mental health issues caused by financial distress.

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On-demand pay as been rolled out across all its brands with immediate effect, and facilitated through Wagestream in partnership with Fourth, allowing employees to access money they have earned up until that point ahead of payday for just a £1.75 transaction fee.

Thanks to the integration with Fourth and Wagestream, all payments are deducted from the normal fortnightly or monthly pay cycles, meaning there is no impact to the payroll process.

To further support employees with their financial wellbeing, the company has also introduced Salary Finance, a service which helps people get out of debt and into savings with a suite of products such as affordable loans, simple savings both directly from salary, and financial education

Claire Clarke, group HR director, Casual Dining Group, said: “Attracting and retaining the best employees in the industry is an ongoing battle for all businesses.

“Despite facing into a number of industry headwinds, we’re focused on continually improving the support, training and services we offer our employees and this latest introduction of Wagestream and Salary Finance is just one extension of that.”

She added: “Generationally and culturally, what people demand from the workplace has changed. It’s no longer enough to offer a competitive wage, you need to create a meaningful environment that promotes positivity and progression in order to improve staff retention.

“Through our work with Wagestream and Salary Finance, we are able to promote and provide a suite of financial services and training to our employees, should they need it, which gives them the tools and information they need to confidently tackle a number of financial scenarios.”

The Casual Dining Group operates a number of big name brands, including Cafe Rouge, Las Iguanas, Bella Italia and La Tasca.

Tags : employeesThe Casual Dining Group
Patrick Cremona

The author Patrick Cremona

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