An introduction to flexible pay (Earned Wage Access)
25 million people in the UK and US are paid flexibly - meaning they are given choice over how frequently they get paid.
It's preferred by 9 in 10 workers on shifts or volatile income, who need a more flexible way of getting paid than their salaries, higher-income colleagues.
This guide from dives into:
- The basics of flexible pay
- Its regulation in the marketplace
- How employers can best embed it into their organisations
- What the experts have to say
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Wagestream Finance Ltd is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.
Where your funds are held by Modulr, (as indicated in the App) please see Modulr for further Modulr details.
Wagestream Finance Ltd is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.
