Flexible Pay Best Practice Guide

5 million people in the U.K. and U.S. are paid flexibly – meaning they are given choice over how frequently they get paid. It’s preferred by 9 in 10 workers on shifts or volatile income, who need a more flexible way of getting paid than their salaried, higher-income colleagues.

Access your employer checklist to understand:

• What is flexible pay?
• How should employers manage it?
• Is it a regulated product?
• How can I implement it for my team?

The employer checklist is based on guidance from UK Government body Nest Insight, and a long-term study on flexible pay run by Wagestream with advisory input from University of California, Berkeley, think tank Resolution Foundation and UK Government body Money & Pensions Service.

This is a checklist to ensure flexible pay is a powerful benefit that sits alongside a wider range of financial wellbeing tools offered through providers such as Wagestream.

One thousand employers - like Asda, Bupa, Burger King, Pizza Express, Mitchells & Butlers and the NHS - make work more rewarding, by offering financial benefits through the Wagestream platform. Three million people use Wagestream to manage budgeting, get paid when they choose, build rainy-day pots, chat to money coaches, save on their bills, and more - all in one app. Wagestream is a B Corporation, built with the Fair By Design financial inclusion campaign.