Earned Wage Access for employers

Give your team flexible, on-demand access to their earned wages. That’s the forward-thinking approach to employment benefits.

What is Earned Wage Access?

Earned Wage Access lets employees access up to 50% of their earned wages before their regular payday. It isn’t like payday loans or Buy Now, Pay Later schemes. EWA provides your team with financial flexibility between paydays, all without incurring debt or interest.

Modern payroll. Standout perks.

We live in a time where everything is instant: from food delivery to transport and banking. So why do we still pay employees weekly, fortnightly or monthly? Offer a standout perk, truly empower your employees, and attract and retain great talent with Earned Wage Access.

Offer financial flexibility

Empower your employees to take control of their own pay cycle. Let them spend, save and invest on their own terms.

A perk that works

Waiting weeks to get paid for a shift is a drain on your team. Offer a perk that makes a real difference to their lives.

No additional payroll effort

Withdrawals are automatically recorded as a deduction in the payroll system in the next pay cycle. No work required.

Frequently asked questions

Everything you need to know about Earned Wage Access.

Employees can access 50% of their earned wages, up to a maximum of $1000 each week through Employment Hero. The system calculates how much they’ve earned up until that point, allowing them to withdraw funds as needed, typically instantly.

Offering EWA improves employee satisfaction, reduces financial stress, and improves retention. Think of it like a flexible alternative to traditional pay cycles, allowing employees to access their earned wages when needed, leading to higher productivity and engagement.

EWA integrates seamlessly with Employment Hero payroll, with deductions added automatically to your next payrun. It doesn’t disrupt your payroll cycle but allows employees to access wages early, reducing the need for paycheck advances or payday loans.

Users pay a 1.3% per transaction into a Swag Spend account and 1.5% per transaction into an external bank account.

Employees can access their wages via Employment Hero Work, requesting the amount they’ve earned up to that point. Funds are typically transferred quickly, sometimes instantly, to their bank account or payment card.

EWA helps reduce financial stress by giving employees quicker access to earned wages, helping them save more effectively and impactfully, and manage unexpected expenses without turning to high-interest loans. This can improve financial stability, leading to greater overall wellbeing and job satisfaction.

You can monitor employee usage of EWA through the platform’s dashboard, which provides real-time data on withdrawals. This allows you to track utilisation and assess the impact on employee financial wellbeing.

Earned Wage Access (EWA) insights & tips

Employee Experience
HR
Payroll
Benefits & Perks

Never run another pay run again. We handle it all: you simply approve

Manage all payroll tasks from one place with automated data flows and error alerts., Make paying your people faster and worry-free.

AI-powered automation and expert oversight for accuracy and compliance.

Centralised access to pre-payroll data like timesheets, rostering and leave requests.

A dedicated payroll partner to handle complex tasks, from STPawards, legislation changes to payroll anomalies.

Automated bank transfers, compliance reporting, and more.

Retain, develop, upskill

Drive engagement and retention with our full employee experience product suite.

Let employees access everything they need through an intuitive self-service portal

Keep your team engaged and motivated with world-class perks

Increase morale, productivity, and loyalty with an employee assistance

Upskill staff with courses and essential training from 250+ providers.

Make work feel less like work. 

We’ve made work admin a breeze. Forget paper-based processes and lost leave requests: give your team self-service access to all their important HR and Payroll tasks.

All employee data is housed in a single, secure platform

Automate leave requests, performance reviews, and onboarding.

Centralise and share company policies and essential documents

Workforce analytics and reports to help leaders make data-driven decisions.

Be the employer everyone wants to work for.

You offer the employment – we’ll bring the benefits

Employees can access everything they need through an intuitive self-service portal

Keep your team engaged and motivated with world-class benefits

Give your team flexible, on-demand access to their earned wages

Increase morale, productivity, and loyalty with an employee assistance program.