Earned Wage Access (EWA) 101 

A benefit that has driven considerable conversation is Earned Wage Access (EWA), also known as On-Demand Pay, which allows employees to withdraw a portion of their already-earned wages before their scheduled payday. 

This guide aims to provide employers with a comprehensive understanding of Earned Wage Access, as well as covering the findings from our recent survey.

"For over a century, many Brits have lived by the rhythm of the monthly payday. It’s so ingrained that few of us ever question it. But technology is revolutionising every aspect of how we manage money, from instant payments to real-time banking. The workplace is the final frontier."

Stephanie Coward, Managing Director for HCM at IRIS Software Group

Earned Wage Access Guide 101 HC V3 792 | Earned Wage Access (EWA) 101

The all-in-one guide to On-Demand Pay 

We recently ran a survey of 1,000 UK workers to better understand their financial position, uncovering that many are regularly relying on debt and struggling to save. 

Given the continuously rising cost of living and troubling economic uncertainty, financial flexibility is more crucial than ever.  

I urge employers to consider their employees’ financial wellbeing with greater care, as it extends far beyond simply paying wages. 

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