Earned Wage Access For Your Employees

Improved retention, easier hiring, increased overtime and happier employees are just some of the benefits that fastP.A.Y.E can help employers deliver. It leaves employers in control of how and when they give access to earned wages whether it is a simple advance or a rapid payment for overtime shifts.

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How Employers Use fastP.A.Y.E

Support for staff through the living crisis

Through the benefits assessment tool your employees can check if they are eligible for Government grants and benefits as well as utilities social tariffs. There are almost 8mn households in the UK that are missing £16bn in means-tested benefits and through this tool we have found that 85% of customers are entitled to £750 a month on benefits.

Water and telecom social tariffs can increase the income of the most vulnerable households by more than £3000 a year. These are cheaper water, broadband, phone and mobile deals offered by some providers and most people don't realise thay are available.

Through our solution your employees can assess if they are eligible for any of these and make sure they are not missing out on additional income.

Improve Retention

Are you able to retain your employees and keep them happy? The average cost of finding a replacement employee is £5453, fastP.A.Y.E increases retention by as much as 30% and saves you thousands in recruitment costs.

Improve Recruitment

Are you struggling to stand out and attract top talent?

fastP.A.Y.E is proven to increase the applicant pool by as much as 90%.

With fastP.A.Y.E your new starters are not required to wait weeks on end (up to 6 weeks in some cases) to receive their first payment and therefore will be happy to choose you as an employer that can provide flexibility over their pay.

Improve Your Rewards Package

By introducing fastP.A.Y.E you will immediately improve your benefits portfolio and be seen as a forward thinking and progressive employer. In the current labour market when it comes to choosing an employer, applicants are making a decision on the benefits and perks companies are offering.

Solve Operational Challenges

Do your managers have too many shifts to cover but not enough staff? With fastP.A.Y.E you can improve uptake in extra shifts by as much as 40% by simply paying staff immediately for any additional hours they've worked.

This strategy reduces the reliance on agency staff and extra costs for your business.

Improve Employee Financial Wellbeing

Everyone runs out of money regardless of their salary and demographics. Since the COVID pandemic began social responsibility and financial wellbeing have become a top priority for employers. With fastP.A.Y.E employers can provide truly impactful financial benefits while still remaining in full control and having full visibility of how much and when it is available for staff to drawdown.

Alternative To Weekly Pay

Achieve all the benefits of a more frequent pay without the administrative burden of a weekly payroll or changing your payroll process.

fastP.A.Y.E is an easy and quick way to offer early payments for your staff and keep your internal processes the same.

Process One-off Payments

With fastP.A.Y.E one-off staff payments can be processed without the long administrative and costly burden on your payroll department.

Support for staff through the living crisis

Improve Retention

Improve Recruitment

Improve Your Rewards Package

Solve Operational Challenges

Improve Employee Financial Wellbeing

Alternative To Weekly Pay

Process One-off Payments

Improve Recruitment

Are you struggling to stand out and attract top talent? fastP.A.Y.E is proven to increase the applicant pool by as much as….

With fastP.A.Y.E your new starters are not required to wait weeks on end (up to 6 weeks in some cases) to receive their first payment and therefore will be happy to choose you as an employer that can provide flexibility over their pay.

Improve Retention

Are you able to retain your employees and keep them happy? The average cost of finding a replacement employee is £5453, fastP.A.Y.E increases retention by as much as…. %

Solve Operational Challenges

Do your managers have too many shifts to cover but not enough staff? With fastP.A.Y.E you can improve uptake in extra shifts by as much as ….% by simply paying staff immediately for any additional hours worked.

This strategy also reduces the reliance on agency staff and extra costs for your business.

Provide Financial Support And Wellbeing

Everyone runs out of money at some point regardless their salary and demographics. Since the COVID pandemic began social responsibility and financial wellbeing has become a top priority for most employers. …% say that they are offering employee
financial wellbeing benefits. With fastPAYE employers remain in full control and have full visibility of how much and when it is available for staff to drawdown.

Improve Your Rewards Package

You might want to introduce fastP.A.Y.E to improve your benefits portfolio. In the current labour market when it comes to choosing an employer, staff are making a decision on the benefits companies are offering.

Alternative to Weekly Pay

Achieve all the benefits of a more frequent pay without the administrative burden of a weekly payroll or changing your payroll provider.

fastP.A.Y.E is an easy and quick way to offer early payments for your staff and keep your internal processes the same.

Process One-off Payments

With fastP.A.Y.E one-off staff payments can be processed without the long administrative burden on your payroll department.

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fastP.A.Y.E Is Easy To Set Up
In Just 3 Quick Steps

Step 1

Fund the Account

fastP.A.Y.E doesn’t create a loan for the employer and you have full transparency and control over the money paid out early

Step 2

Invite Employees

You have full flexibility over which of your staff can access fastP.A.Y.E 

Step 3

Set-Up Rules and Configure Availability

Define your own custom rules on wage access, withdrawal availability and security access

Cash flow

Find Out More
“Operating fastPAYE is easy, none of the steps I need to do take more than 5 minutes including running a payroll file. It takes me less than half an hour a month to manage”

fastP.A.Y.E customer

As an employer, you have full control

fastP.A.Y.E gives you full control over all key decisions such as how often payments are made, how much they amount to, which employees receive it and ensuring messaging is in line with company values.

Not having to borrow the money

Our model doesn’t rely on borrowing money to pay your employees. As there are no interest payments to meet, we can be very competitive and offer a flexible model that supports your financial well-being strategy.

Integration into all major WFM and HR software

fastP.A.Y.E was founded and is owned by ShopWorks, a workforce management company which has many years’ experience supporting some of Britain’s best known businesses.

Who is it for?

Giving employees flexible access to their earned wages is quickly becoming the norm in order to retain, motivate and look after your colleagues in an evolving working environment.

If you are a forward-thinking organisation that would like to benefit from an improved employee financial wellbeing, retention, recruitment and productivity, then get in touch with us today. 

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Testimonials

Love this service! Had a lot of outgoings last this month. Just helped me service my car.

Karl

fastP.A.Y.E user

Amazing, helps a lot in hard times when I am short of money and payday is still weeks away.

Abbie

fastP.A.Y.E user

Very convenient and helpful service when I run out of money before payday.

Brony

fastP.A.Y.E user

Great! I love fastPaye. It’s the same as working as an agency care worker and getting paid the following week 🔥🔥.

Prince

fastP.A.Y.E user

Easy, trouble-free love the fact I can draw my wage a week before as I’m always broke. This makes a big difference.

Sharon

fastP.A.Y.E user

Great, really fast and helpful app. I needed money for unexpected repair bill and this service was exactly what I needed.

Shelley

fastP.A.Y.E user

fastP.A.Y.E is authorised and regulated by the Financial Conduct Authority

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.

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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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