On-Demand Pay, also known as Earned Wage Access, gives staff debt-free access to their earned income before payday, without impacting their employer’s cashflow.
1 in 5 UK employers already offer this service, but that number is much higher in hospitality. The service supports staff’s financial wellbeing, reduces staff turnover by up to 50% and incentivises overtime by rewarding work immediately.
Only Level and Wagestream have the technology to fully automate this service, but Level is the UK’s sole credible provider that doesn’t cross-sell loans or credit.
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