EarlyPay
Salary on demand: Transforming employee compensation in the UK
Empower your employees with access to their earned wages when they need it most. Boost retention, improve satisfaction, and stand out in today's competitive job market.
Salary on demand (or earned wage access) is reshaping how UK employees interact with their earnings. As financial pressures mount, employers are adopting this model to empower workers, boost retention, and stay competitive. Here’s how Access EarlyPay is leading this shift and what it means for modern workplaces.
What is salary on demand?
Salary on demand allows employees to access already-earned wages before their scheduled payday. Unlike traditional pay cycles, it offers flexbility, controland security:
- Flexibility:
Withdraw earnings as they accrue, not just monthly or weekly, giving employees control over their finances.
- Control:
Employees manage cash flow for emergencies or planned expenses without relying on high-interest loans.
- Security:
Avoids high-cost borrowing—no loans or credit checks required. Access only what's already earned.
- Seamless
integration: For employers, it integrates seamlessly with existing payroll systems with minimal administrative effort.
Learn how Access EarlyPay simplifies implementation and onboarding
Why the shift is accelerating
The landscape of employee compensation is rapidly evolving in the UK, with on-demand pay becoming an increasingly sought-after benefit.
- Cost-of-living crisis:
4 million UK workers now use on-demand pay to manage rising expenses. Access EarlyPay provides a financial lifeline during challenging economic times.
- Employee expectations:
Younger generations prioritise financial autonomy—73% of candidates prefer employers offering salary on demand as a benefit
- Proven retention impact:
Companies using Access EarlyPay report 80% higher employee loyalty. Retain your talent by addressing their financial wellbeing needs.
- Regulatory alignment:
The UK's focus on financial wellbeing (e.g., FCA's Consumer Duty) encourages ethical alternatives to payday loans.
Implications for Employers
| Opportunity | Outcome |
| Recruitment edge | Stand out in competitive sectors like healthcare and retail with a sought-after benefit |
| Productivity boost | Financially secure employees show 46% higher shift uptake and better focus |
| Cost savings | Reduce payroll errors and administrative burdens through automated systems |
| ESG alignment | Demonstrate social responsibility by tackling financial exclusion |
Addressing common concerns
We understand employers have questions about implementing on-demand pay. Here's how Access EarlyPay addresses the most common concerns.
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Financial dependency? Access EarlyPay couples withdrawals with Thrive, a financial education tool teaching budgeting and debt management
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Payroll disruption? Integration occurs behind the scenes—no manual adjustments needed
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Cost to employers? Fees are employee-paid, with no direct financial burden on businesses
Real-world impact
See how leading UK organisations have transformed their workplace with Access EarlyPay.
- The Co-operative Bank:
“Honestly there isn’t anything negative... It’s completely bought into from board level as a real positive” (HR Director).
- Maria Mallaband Care Group:
Staff use EarlyPay to cover childcare costs, reducing absenteeism.
- TFG London:
Improved employee satisfaction scores after implementation.
Key features of Access Earlypay
As the 2024 FinTech Futures PayTech Award winner, we've pioneered responsible on-demand pay in the UK. Our solution combines flexibility with financial guidance.
- Instant access
Employees withdraw via app, funds arrive in minutes with no waiting periods.
- Full transparency
Withdrawals appear on payslips with clear fee breakdowns for complete visibility.
- Thrive integration
Financial literacy resources directly in the app to support positive financial habits.
- Payroll sync
Automatic reconciliation with existing systems like Sage and Xero for seamless integration.
The road ahead
Salary on demand is becoming a standard expectation, not just a perk. With Access EarlyPay, UK employers can preempt regulatory changes, leverage data insights, and build resilience against economic uncertainty through happier, more stable workforces.
Join thousands of UK employers already transforming their compensation approach.