Level x Guided Innovation Video Interview
In this conversation, Geraint Thomas fron Guided Innovation and Kate from Level discuss the rapid digitalisation of the care sector, the financial pressures faced by care providers, and the impact of staffing shortages on care workers. They explore the role of On-Demand Pay as a solution to financial stress and how technology can enhance the work experience for care staff. Geraint emphasises the importance of flexibility in pay structures and the need for care organisations to adopt modern benefits to attract and retain staff.
Key takeaways:
Social care has rapidly adopted digital technologies since COVID.
Assistive technologies and staff-focused apps are often overlooked.
Financial pressures in care are unique due to high staff costs.
Staffing shortages lead to increased stress and burnout among care workers.
Monthly pay cycles can create financial stress for staff.
On-Demand Pay can help alleviate financial pressures for care workers.
Education is key to implementing on-demand pay solutions.
AI can automate mundane tasks, allowing staff to focus on care.
Flexibility in pay can improve staff satisfaction and retention.
A comprehensive staffing strategy is essential for care organizations.