Give your people choice over when they get paid
Flexible access to pay that’s already earned, all month.
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Access to earned pay at any point of the month
Employees can access up to 40% of their earned pay at any time, including the day before payday. There is no impact on payroll process when employees access their pay throughout the month, and their available balance is updated based on actual shifts worked.
Reduce reliance on credit and debt
Flexible pay is not credit: employees access their accrued wages at a fixed cost, reducing their reliance on loans and high-interest borrowing. The funds they can access are a portion of what they’ve actually earned that month to date: Flexible pay is not a loan or borrowing and no interest is ever paid on funds accessed.
Smooth out fluctuations between pay periods
Access to earned wages allows employees with varying income to ensure cashflow problems do not impact their financial health. Hourly-paid staff especially have fluctuating earnings depending on shift patterns worked which makes budgeting difficult. Flexible pay means that fluctuating earnings do not have to mean cashflow problems and can make longer-term financial planning much easier.
There's more to the Wagestream financial wellbeing app
FLEXIBLE PAY
Live visibility of pay and spending for all of your employees
START SAVING
Putting money aside towards a goal helps all staff build better financial health
COACH