Introduction to Earned Wage Access (EWA)

EWA gives you access to your money as you earn it, instead of waiting for payday, giving you greater control over your finances. It is available exclusively to employees of organisations using the Employment Hero Payroll platform, accessible through the Swag app.

When you withdraw your wages in advance through EWA, the amount will be deducted from your next pay. This service is not a credit product and does not incur interest or late fees. Earned Wage Access amounts are limited to 50% of an employee's unpaid net pay owed, with a weekly cap of £500,

Important considerations:

• Ensure you have enough funds for your financial obligations.
• Employment Hero is not liable for any losses or financial hardship resulting from accessing your pay early.

You can find out if you are eligible in this article.

Follow the instructions in our article: How do I set up earned wage access?

You can learn how to use earned wage access in this article.

There is a small fee for each earned wage access transaction:

• 1.3% of the transaction amount if you choose to have your funds sent to your Swag Wallet account.
• 1.5% of the transaction amount if you prefer to have your funds sent to another bank account.

Payroll managers do not need to do any admin. Any EWA withdrawals are automatically deducted by Employment Hero from the next pay cycle.

Submit a request via the Employment Hero support team. Get in touch with us here.

No, you get early access to your own earned wages without the need to use credit cards, Buy Now, Pay Later (BNPL), or loans. There are no interest or late fees for using EWA. It is important to note that the earned wage access transaction fee covers Swag's costs, and is not interest on your payment.