What is a salary advance app?
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 your employees 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 Earned Wage Access, Employer Salary Advance Scheme (ESAS) or Flexible Pay.
Book a demo today to find out more about our salary advance app solution.
Benefits of using a salary advance app
Improve employee financial resilience and flexibility
Reduce financial stress
Increase staff retention
Increase staff morale and motivation
Fill in additional shifts
Fill unsociable shifts
Increase applicant pool
Reduce employee reliance on debt
Keep track of your employees earned wage activity with our Insights dashboard
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 with the salary advance app.
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 employee engagement with the platform.
The Withdrawals section allows admins to track and predict employee demand for the fastP.A.Y.E salary on-demand solution.
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.