THE MOST EFFECTIVE EMPLOYEE BENEFIT
Motivate, retain and automate.
Connect your payroll and shift scheduling system to InstaPaid and get an effective way to motivate hourly employees – completely automatically, directly from your existing systems.
THE MOST EFFECTIVE EMPLOYEE BENEFIT
Motivate, retain and automate.
Connect your payroll and shift scheduling system to InstaPaid and get an effective way to motivate hourly employees – completely automatically, directly from your existing systems.
Why choose Instapaid?
Attracts and retains new talent
Employees want flexibility. Give hourly employees access to their earned pay when they need it. It strengthens your employer brand, reduces churn, and makes you more competitive.
Ensures full staffing on extra shifts
When employees have quick access to their earned pay, they are more motivated to work extra shifts. InstaPaid removes friction, improves staffing levels, and gives you better utilization of resources.
Creates loyalty among employees
With a clear overview of shifts and earnings, satisfaction increases, stress is reduced, and loyalty is strengthened. The OECD shows that lack of pay and development is behind 30% of job changes – and InstaPaid addresses both.
Saves time on manual payroll administration
Automate payroll and tips and eliminate manual processes. InstaPaid securely integrates with your systems, reduces errors and provides full traceability and GDPR compliance. Less administration – more time for HR.
What is InstaPaid?
InstaPaid is a platform that allows employees to instantly access their earned wages whenever they want.
We developed InstaPaid to revolutionize employee payroll.
Immediate payment of earned salary
Watch earned wages grow in real time
"Plug and play" platform
Free for employees
Employee key figures
Sources: JP MORGAN (2022), EY (2020), PWC (2022), HBR (2022), ADP (2022)
Some of our integrations and partners
What does InstaPaid cost?
Calculate direct savings from employee turnover
This calculation is based on existing customers and industry benchmarks for flexible wage access services. We estimate a 10% reduction in employee turnover across all employees, or 20% among active InstaPaid users.
Testimonials
Benefits for employers
Attracts new employees
The company will be positioned as a modern workplace and will be the favorite especially for younger employees
Higher workforce utilization
Motivate employees to take more shifts, which optimizes employee resources
New tools to drive behavior
Simplify the process by awarding rewards or bonuses to employees, which reinforces their positive behavior and contributes to their development.
Perception of higher value of salary
Increases job satisfaction, well-being and employee retention
Benefits for employees
Recognition
Instant reward after each shift
save money
On interest costs from private overdrafts and loans (e.g. quick and consumer loans)
Employer loyalty
55% of the employees surveyed are motivated to work more shifts
Increased financial security
Create an overview of earned funds and upcoming shifts
that's how it works
Emma checking her InstaPaid app. Her earned salary balance is
5.000,- that have not yet been paid.
Emma has to pay her electricity bill, but wants to avoid it
an expensive overdraft
Emma requests a payment of 1.200,-
via the InstaPaid app.
Money is transferred to Emma's bank account
within seconds
Emma's available balance is
immediately up to date to 3,800,-
Challenges we solve
Expensive interest expenses
Lack of flexible salary payment can lead to short-term loans or the payment of expensive interest for overdrafts.
Economic imbalance
Social gap between employer and employee.
Outdated remuneration methods
Young people are frustrated by the lack of flexibility and delays in current remuneration methods.
Lack of motivation
The time lag between effort and reward leads to financial stress for some employees.
Recruit and retain employees
Challenges in attracting and retaining employees Employers must either raise wages or provide attractive employee benefits.
Employee engagement
With InstaPaid. as a unique employee benefit, the employer sends a clear signal to its employees that their well-being is a high priority. Financial flexibility and freedom will increase employee well-being.
Higher employee retention
Flexible pay has become a popular employee retention tool, with 78% stating that using it motivates them to stay with employers who offer it
Attractive workplace
Stress
Contact support
There is nothing we want more than to help. If you are an employee with questions about your app or if you need technical help, you can write to us here or call our support on +45 70 60 34 04.