Navigating the costing pressure in the last-mile industry
The last-mile delivery industry has witnessed significant growth over the last couple of years, driven by factors such as the impact of the coronavirus pandemic, changing consumer preferences, and the expansion of the e-commerce sector.
A recent report documented that the UK’s last-mile delivery market has a projected valuation of US $25.3 billion by the end of 2029. Despite this good news, there are said to be challenges with cost pressure as many courier companies attempt to balance delivery costs while also trying to ensure fair compensation for their delivery drivers.
How can Wise help?
Wise is an onboarding and payment platform for courier companies, helping them with:
Not only this but through the Wise app, we offer drivers access to a full suite of perks that can help your business navigate the cost pressure more efficiently.
What perks does Wise offer drivers?
Digital GP Services – We enable drivers to have prompt and convenient access to healthcare. The on-demand nature of Wise’s Digital GP service saves drivers valuable time, connecting drivers with medical experts at a time that best suits them, eliminating the need for time-consuming visits and having to book within work time, and as a result, losing out on money.
With this service, drivers also have access to free prescriptions, helping them to save money!
24/7 Mental Health Support – We support delivery drivers to access the help they need when they need it, wherever they need it. By providing constant access to mental health support, courier companies can encourage drivers to seek help at their convenience, reducing the stress involved in seeking the correct help and the financial pressure that comes with it.
Discounts – Driver can access a free discount portal, helping them save money on their everyday purchases. Wise’s discount portal offers money off over 900 brands, including major retailers, restaurants, and supermarkets.
Accountancy – With Wise, courier drivers can access the very best accountancy advice; through this service, many drivers save up to £20 per week.
Get in touch
The cost savings many drivers receive through Wise’s full suite of perks can contribute to increased job satisfaction and financial stability, reducing their willingness to seek higher-paying alternatives.
To speak to an expert, book a quick consultation here.