What is Pay on Demand (Earned Wage Access)? EWA allows employees to access a portion of their accrued wages before payday. For workers, it provides financial flexibility, reducing reliance on high-interest credit cards or payday loans. According to a 2023 survey (by the SIA), nearly 50% of UK employees have
The recruitment industry is at a pivotal moment. With the rise of the flexible workforce, agencies are navigating new challenges and opportunities. In today’s fast moving recruitment market, speed matters more than ever; especially when it comes to paying workers. For flexible workers, whether freelance, gig or temporary, payment delays
In October, the UK government announced major tax adjustments and new employment standards, bringing both opportunities and challenges for businesses and workers alike. With significant changes to income tax, National Insurance contributions, minimum wage and policies, the budget’s impact will be felt across the workforce. Below, we explore the specific
Statutory pay rates guide for 2024-2025 Keeping up with statutory pay rates is essential not only for HR and payroll compliance but also to maintain employee trust. Keep reading below for the latest statutory pay rates for 2024-2025, plus some emerging trends and answers to some common questions about statutory
59% of UK employees say current financial worries prevent them performing their best. The significance of financial literacy has transcended personal finance and extended its reach into the workplace. Creating a financially literate workforce isn’t just a forward-thinking strategy; it’s a powerful investment that yields benefits for both employees and
Last week on May 16th, our team attended FTT Embedded Finance & Super-Apps Europe 2023. We wanted to use this opportunity to discuss how embedded finance and super-apps can be used to serve the underserved, as well as what customers can do with these to navigate the ongoing cost of
