To use Earned Wage Access by PaidHR, your employer has to activate it. Fill out the referral form and we will reach out to them on your behalf.
Consider John; who receives a monthly salary of #100,000 on the 25th of every month. After paying his rent in July amongs other expenses, John is low on funds. To cover his expenses until the next payday in August, John uses the Earned Wage Access feature on PaidHR. He requests the amount he's earned from July 26th to August 15th, which is #67,750 and gets paid almost immediately.It’s that simple!
With Earned Wage Access what you get is YOUR money. You won't owe anyone, and there's no one bothering you for repayment or burdening you with interest
No. when payday comes around at the end of the month, your salary will cover the days you haven't been paid for yet.
You're eligible for Earned Wage Access if: You receive a salary or pay, OR you/your company permit its use, OR you use the PaidHR platform.
As an employee, all you have to do is refer PaidHR to your employer and we’ll do the rest. Once they have this feature enabled, you’ll be able to access the portion of your salary you've earned, as you wish.
As an employer not already on PaidHR, you’ll have to get on the PaidHR train. See a demo to get started here. If you already use PaidHR, you’re in luck. Simply follow the steps outlined here to begin the process of giving your employees more financial freedom.