Put employee financial wellbeing
in reach

Attract talent and increase retention with Openwage on-demand pay.

The employee benefit that’s completely free for employers.

As an employer, you have an important role to play in supporting your employee’s financial wellbeing

Why does employee financial wellbeing matter?

When your employees worry about money, it affects their mental and physical health.

This negatively affects their performance and makes them less productive at work.

Financial wellbeing should be an essential part of your overall employee wellbeing strategy.

Good news! Even companies with no budget can implement Openwage’s financial wellbeing benefit. It’s free for employers.

8.3 million

struggle with monthly bills

Money is a primary cause of anxiety in the UK

In the UK, 8.3 million people struggle to cover their monthly bills1, and three in four people say a shortage of money severely impacts their life and wellbeing2.

Money worries follow people into work. Employees everywhere are carrying financial burdens while trying to do their job. And when employees are experiencing financial stress, it severely impacts their ability to work.

It can also impact their mental health and overall wellbeing, leading to:

  • Decreased productivity
  • Higher absence rates
  • Distraction
  • Anxiety and depression

Financial stress is costing employers billions

It’s not just employees that are affected when money becomes a worry. It’s estimated that poor financial wellbeing costs UK employers around £4 billion every year through absenteeism, lost productivity, and employee turnover3.

Reducing stress and promoting employee wellbeing has become a priority for businesses. Now, more and more employers are embracing initiatives that promote financial wellbeing through an employee benefit scheme.

Financial loss

£4 billion

What is Openwage?

Openwage is an app that gives employees on-­demand access to money they’ve earned before their scheduled payday.

Transparent and affordable

Openwage makes on-­demand pay affordable to everyone. Employees pay a small, transparent fee for each transfer. We charge 1% of the sum transferred with a minimum fee of £1. On their usual payday, employees receive their remaining salary.

A safer alternative to high-cost credit

Openwage isn’t a loan or any form of credit, so there’s no interest to pay. With Openwage, employees can access their earned pay whenever they need. This means they don’t have to resort to payday loans, credit cards, or overdrafts.

What does it mean for your employees?

Reduced financial stress

On-­demand pay helps to reduce the financial stress of living paycheck to paycheck. Knowing they can access their pay instantly boosts employee financial wellbeing and can create a happier, healthier workforce.

Increased wellbeing & productivity

On-demand pay gives your employees financial flexibility to manage unexpected expenses. This helps to reduce money worries and allows them to be more focused and productive at work.

Lower absenteeism

Reducing stress has a positive impact on your employees’ mental health and boosts their mood. Happier employees are less likely to be absent from work through sickness.

What our customers say

On-demand pay has been extremely well-received by our employees. The team at Openwage made the process of setting up and rolling out the service very quick and easy. It’s benefits like this that play an important part in people choosing to either join or remain within our company.

Neil Singh, Director
Nexus Support

The app is really excellent. I like how my pay enters my account instantaneously.

Having payment spread across the month is always something I’ve preferred, so it has been great for me.

Openwage user

Really nice and straightforward to use.

Openwage user


Openwage user

Simple and easy to use

Openwage user

What can Openwage do?

Why choose Openwage?

No impact on cashflow

There's no impact on your cashflow as Openwage provides the funds for all on-demand pay.

Increase retention

Retain stronger talent. It's good for your business and reduces your running costs.

Attract the best talent

By offering an employee-valued financial wellbeing benefit, you'll be more attractive to new talent.

It's free for employers

There are no set-up fees or recurring costs to your business. It's completely free for employers.

No payroll disruption

With Openwage, you don't need to make any changes to the way you run payroll.

No risk to your business

Since we provide the funds to employees, there is no financial risk to your business.

How does Openwage work?

We set up your account

Easily add your employees

Your employees get paid

Let's get started

  • Ernst and Young Employee Financial Wellbeing Survey, June 2020
  • On-­demand pay: Payroll that works for all, Releasing liquidity through on­-demand pay: the $1 opportunity, Ernst and Young, 2020
  • Employee Wellbeing The state of the nation's financial health May 2020, Lane Clark & Peacock LLP