Getting Started with Earned Wage Access as an Admin on PaidHR
Earned Wage Access is a helpful employee benefit that lets workers access some of their earned pay before their regular payday. Here's how to set it up:
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Go to the system settings
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Select HR and Payroll
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Select the Earned Wage Access section to toggle it on
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Click on Edit
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Enter your company's basic information:
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Company name
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Company email address
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Registration number
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Company address
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Company phone number
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Tax Identification Number (TIN)
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Choose a Cut-Off Day
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This is the last day before payday when employees can access their earned wages
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Select a specific day that works best for your company's payroll schedule
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How To Edit Earned Wage Access Settings ( Cut-off Day)
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Go to Settings
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Select HR & Payroll
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Select Earned Wage Access and select Edit
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Scroll down to the cut-off day as needed
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Click Next
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Check the box to accept the terms and conditions
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Click Submit to save your changes