Level’s On-Demand Pay Reduces Agency Spend

On-Demand Pay is now offered by almost a third of care providers in the UK. But why?

For many employees, payday isn’t just about receiving their earnings – it’s about catching up. Covering overdue bills, managing unexpected expenses, and paying off debts such as credit cards. With nearly 1 in 4 workers unable to pay an unexpected bill of just £100, financial stress is a growing challenge directly impacting businesses and their employees alike.

On-Demand Pay, also known as Earned Wage Access, allows staff to access some of their earned wages before payday. All without impacting their employer’s cashflow or payroll processes.

In addition to supporting staff, there are many tangible business benefits for care providers who opt to introduce this fast-growing employee benefit. Notably, by rewarding overtime more quickly you incentivise uptake; significantly lowering agency spending as in-house staff are motivated to cover more of the shift rota themselves.

Helping Employers Help Their Employees
Level are On-Demand Pay specialists for the care sector, working with the likes of Agincare, Home Instead, Bluebird, Hollybank Trust and Bracebridge Care Group, to name a few. We understand the unique challenges of the sector – from managing high staff turnover, to the nuances of franchising and dealing with agencies.

“We are really loving Level so far and our staff have nothing but praise for it. It’s also helping to cover our rotas as staff now have instant access to any overtime they may do rather than having to wait” – Bluebird Care.

On-Demand Pay helps employees manage their finances without resorting to costly overdrafts, credit cards, or payday loans. For example, one of Agincare’s carers said that: “Things have been a struggle as I’m a single parent. When I had a car issue it became very useful to be able to access my pay early.”

Seamless Integration with Payroll & Workforce Management Systems
Level’s On-Demand Pay is a market-leading solution. With existing integrations with many of the UK’s leading HR, rota and payroll systems, Level can offer a fully automated solution. Integrations with software like Sona, IRIS, Birdie, SAP, Humanforce and Planday make the setup and go-live process quick, simple and easy. This means you can offer staff flexibility without adding an extra administrative burden on your payroll team.

For further information, visit www.levelft.com