Earned Wage Access

What is Earned Wage Access?

Earned Wage Access (EWA) lets employees access their already earned wages before payday. It’s not a loan – it’s simply giving people access to money they’ve already worked for. Through Paytime, your team can access up to 50% of their earned wages when they need them (customisable based on your preferences), creating financial confidence and workplace satisfaction.

EWA in Australia

The Australian workforce is changing, and innovative companies are leading the way in employee financial wellbeing. With over 60% of Australian workers experiencing financial stress between pay periods, EWA has emerged as a powerful tool for forward thinking employers. As Australia’s leading provider of Earned Wage Access, Paytime is helping businesses transform their approach to employee financial wellness.

Why Choose Earned Wage Access?

Benefits for Your Business

Attract and Retain Staff Better

• 32% faster time-to-hire with 2-3x more applicants when advertising real-time pay access
• 39% reduction in employee turnover
• Strengthen your employer brand in a competitive market

Boost Staff Productivity

• Up to 60% reduction in absenteeism
• Increased shift coverage and engagement
• More reliable attendance and performance

Support Financial Wellbeing

• Reduce employee financial stress
• Provide better budgeting tools and resources
• Offer instant access to earned wages

Maintain Business Efficiency

• No impact on cash flow – Paytime covers all advances
• Keep your existing payroll process
• Automatic reconciliation on payday

The Paytime Solution

Complete Financial Wellness Platform

• Real-time access to earned wages
• Financial education and budgeting tools
• Mental health and wellbeing resources
• Up to 40% cashback at 2000+ retailers
• Automated savings programs
• Access to financial counsellors

Easy Setup

• Works with your existing payroll system
• No disruption to your processes
• Implementation in less than a week
• ISO27001 accredited and SOC2 compliant

How It Works

For Employers

• Quick integration with your payroll system
• Set custom access limits and controls
• Monitor usage through a simple dashboard
• Run payroll as usual – we handle everything else

For Employers

• Download the Paytime app
• Link to their work profile
• View their available earned wages
• Access funds instantly when needed

Common Questions

• • Is this a payday loan?

    No. EWA only gives access to wages already earned – there’s no lending involved, no interest charges, and no debt.

  • Will this affect our payroll?

    Not at all. Paytime integrates seamlessly with your existing payroll system, with no changes to your current process.

  • How do you ensure responsible use?

    We’ve built in smart guardrails:

    • Adjustable access limits (standard up to 50% of earned wages)
    • Clear usage limits
    • Financial education tools
    • Budgeting support and guidance

• How does earned wage access work in practice?

  Employees can access up to 50% of their already earned wages through the Paytime app. For example, if someone has worked three shifts this week, they can access payment for those shifts without waiting until payday. The accessed amount is then automatically reconciled in their next pay cycle.

• What makes Paytime different from other providers?

  Paytime is Australia’s most comprehensive earned wage access solution, offering:

  • Full payroll system integration
  • ISO27001 accreditation and SOC2 compliance
  • Complete financial wellness platform
  • Local Australian support
  • Proven implementation framework
  • Comprehensive employee education tools

• How does this benefit different industries?

  Different sectors see unique benefits:

  • Hospitality: Improved shift coverage and staff retention
  • Healthcare: Reduced financial stress and absenteeism
  • Retail: Enhanced employee satisfaction and recruitment
  • Manufacturing: Better employee engagement and retention