28% of staff worry about money daily

Access to earned pay at any point of the month

Employees can access up to 50% of their earned pay at any time, including the day before payday. There is no impact on your 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

Earned wage access 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: Earned Wage Access (EWA) 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. Earned Wage Access (EWA) means that fluctuating earnings do not have to mean cashflow problems and can make longer-term financial planning much easier.

Your questions, answered

  • How much does it cost for employees to access earned wages?

  • How much does Wagestream charge to provide Earned Wage Access?

  • Is Earned Wage Access (EWA) a loan or credit?

  • What is the impact of Earned Wage Access on my payroll process?

  • Who provides the funds to employees?

  • Is there a limit to how much employees can access?

Get a live demo of flexible pay with Wagestream

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There’s no better way of understanding how Earned Wage Access (EWA) can create a happier, more engaged team than by seeing it in action. Book your 30 minute, no-obligation slot today.

Book a demo now

Having the added security of that little bit of flexibility with your wages is really useful.


Wagestream user

There's more to the Wagestream financial wellbeing app