Trust case studies
From rent due before payday and unexpected bills, to waiting weeks and even months for bank shift pay, the gap between work done and pay received can often put people under unnecessary financial stress. Earnd provides employees with information on how much they have earned or accrued daily, and enables them to draw down, save and manage their earnings more flexibly.
This report explores how improving employee's financial worries can also reduce the cost of agency fees, as well as employee turnover and sick leave. It demonstrates what trust leaders can do to address the challenge of financial stress among staff and help their employees to take control of their money and achieve financial wellbeing.
Locum’s Nest is the NHS’ first digital collaborative bank for doctors, founded by two doctors. Their app facilitates and supports collaboration between neighbouring trusts to increase the bank pool.
The case study below tells the story of how a range of trusts in the southern half of the country used the app to start a South England collaborative, successfully expanding the number of trusts within the collaborative and ultimately providing key benefits for all the NHS trusts involved.