Earned Wage Access

Give employees flexibility and access to some of their already earned wages before payday for greater control over their finances or in an emergency.

What is Earned Wage Access

This unique feature allows employers to give their colleagues some of their already earned wages before payday. We let you decide when, how often and how much they can access. What’s more, unlike other providers this is not a loan for the employer or the employees.

This tool introduces positive financial flexibility into the workplace and removes the stigma associated with financial difficulty. This type of solution is also referred to as On-Demand Pay, Employer Salary Advance Scheme (ESAS) or Flexible Pay.

Benefits of Earned Wage Access

Improve employee financial resilience and flexibility

Reduce absenteeism

Reduce financial stress

Increase staff retention

Increase staff morale and motivation

Fill in additional shifts

Fill unsociable shifts

Recruit faster

Increase applicant pool

Reduce employee reliance on debt

Insights

The Insight dashboard gives a snapshot overview of the fastP.A.Y.E employer platform, allowing for quick analysis of your employee’s withdrawals, accounts and overall usage.

The user section provides a breakdown of the overall employee numbers that have been invited to use fastP.A.Y.E, helping to track and follow enrolment rates and uptake.

Accounts information helps you to understand the employee engagement with the platform.

Withdrawals section allows admins to track and predict employee demand for the fastP.A.Y.E earned wage withdrawals by the platform users each month.

Enhance your business operations and boost employee satisfaction with fastP.A.Y.E

Book a free demo now with one of our Product Experts. Let us show you how your business can benefit from fastP.A.Y.E.

fastP.A.Y.E is a socially responsible way for your employees to access their already earned wages before payday.

You keep control of when and how much your employees can access while removing the need for expensive short-term credit.

Our solution is designed for the modern workforce. Flexible wage access helps employees better manage their finances and will mark you out as a highly progressive employer.

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