Attract, motivate and support staff with UK Earned Wage Access
The only UK Earned Wage Access platform on the SAP Store. Fully automated via SuccessFactors integration. Attract, motivate and retain staff by enabling them to access, save and budget from their earned income before payday.
Overview
Support staff with salary-linked services
You can eliminate up to 99% of short-term debt use in your workforce by providing this high quality alternative to debt. In a BIT study, 88% of users report feeling more in control of their personal finances.
Lower staff turnover with a benefit 9 out of 10 workers want
When the reward for work is more immediate, staff are more motivated and less likely to leave. Capita plc's call centre division saw a 50% reduction in staff turnover in the cohort that used Level's Earned Wage Access service. In a recent study, more UK workers chose Earned Wage Access over extra holiday days.
Fill shifts by giving your staff access to the future of pay
By closing the gap between work and pay, staff members are much keener to take on additional shifts. London's top tutoring agency, Mentor Education reduced unfilled shifts by 62% in a matter of weeks. This is because extra hours on a Friday night are more appealing if you can get paid on Saturday morning, rather than on a far-away payday.
Details
Solution type
APIs and Technical Components
Industry
Cross-Industry, Professional Services, High Tech, Education and Research
Compatibility
Works with
Features
Easily enable on-demand pay
Earned Wage Access, also known as On-Demand Pay, allows staff to access their earned income before payday. Doing so is debt-free for them and doesn't impact their employer’s cashflow. Safeguards can be customised, with standard limits set at 50% of gross pay and a maximum of £750 in a pay period.
Automate & reward building a savings habit with payroll savings
Support staff with an automated, high-interest savings tool that helps them prepare for a rainy day. Fully protected by the UK government under the Financial Services Compensation Scheme and free-to-use for staff. Makes building a savings habit easy and rewarding.
Embrace AI with the future of personal finance for your workforce
Put a personal finance coach in every employee’s pocket, with auto-onboarding via Level's integration with SAP SuccessFactors. Trained only on official government guidance, this coach is available 24/7 and is powered by a UK specific, custom-trained AI model.
Plans and pricing
All plans include:
Enterprise Edition
£1.95 flat fee per withdrawal of earned income (paid by staff member). All other services free to use for staff.
Employer pays nothing
Minimum 500 UK employees
Per One-TimeEUR 2.50£1.95 flat fee per withdrawal of earned income (paid by staff member). All other services free to use for staff.
Employer pays nothing
Minimum 500 UK employees
SME Edition
£1.95 flat fee per withdrawal of earned income (paid by staff member). All other services free to use for staff.
£4,200 +VAT annual fee to employer
Maximum 500 UK based employees
Per One-TimeEUR 2.50£1.95 flat fee per withdrawal of earned income (paid by staff member). All other services free to use for staff.
£4,200 +VAT annual fee to employer
Maximum 500 UK based employees
