Level On-Demand Pay
On-Demand Pay is a fundamental feature of modern payroll and is now included as standard for IRIS Staffology and Cascade customers, in partnership with Level. Data is seamlessly synced between IRIS and Level to automate earned wage access for staff. There is no impact on the employer’s cashflow or payroll process. It just works.
On-Demand Pay
By rewarding work immediately, employers can better attract, motivate and support their staff.
- Staff can access their income as they earn it. Before payday. Debt-free.
- Already offered by 20% of UK employers.
- 51% lower staff turnover. 13% less absenteeism. 62% more shifts filled.
- 9/10 users feel more confident with their finances than before.
Financial Wellbeing Toolkit
Level’s platform includes a range of salary-linked services that empower staff to instantly access, save and budget from their earned wages.
- Payroll Savings: Staff can automate saving directly from their paycheck into a high-interest bank account.
- Financial Coaching: A personal finance coach in every employee’s pocket. Trained only on official government advice. Available 24/7.
- Budgeting Tools: Open Banking-powered budgeting tools that bring earnings and spending together in one place – crunching the numbers to keep staff on track.
Fully Automated
Level and IRIS’s strategic partnership includes best-in-class technical integrations and deep collaboration between their teams. The result is the UK’s most automated and seamless On-Demand Pay experience.
- Automated data flows
- Automated reconciliation process
- No impact on employer’s cashflow
- No impact on employer’s payroll process
Want to find out more about IRIS HR Marketplace?
Get in touch with our team.