Maximize retention, engagement, and recruitment with UKG Wallet
Employers that offer UKG Wallet report a 30% increase in employee retention. Attract and retain top talent by supporting your employees’ financial wellness with our award-winning Earned Wage Access benefit and give your employees access to their earned wages before payday – at no cost to your business.
Is financial stress hurting your bottom line?
Is financial stress hurting your bottom line?
Employee financial stress leads to low retention rates, productivity, and employee satisfaction. UKG Wallet’s Earned Wage Access helps employees save money and avoid predatory fees and loans, ultimately supporting their financial wellness.
2/3
of employees
experiencing financial stress results in your workforce becoming 2x more likely to turn to payday loans, overdrafts, and other costly alternatives.
rates on payday loans and average monthly fees of $380 for overdrafts are incurred by employees who are unable to access their hard earned money when they need it.
9/10
of employees
want Earned Wage Access through their employer, 89% would stay longer if they had EWA, and 79% would switch jobs to get EWA.
in retention and an average of 16 hours per employee per month gained in productivity by businesses that offer EWA
*These statistics are based off of U.S. studies
The UKG Wallet Financial Wellness Platform
Your team can access the money they have already earned, between paydays, and transfer it to their bank account, or apply those wages towards an Uber or an Amazon account.
Employees are empowered to save hundreds of dollars a month in late fees, overdraft charges, and interest payments while reaching their financial goals.
Seamlessly integrate your payroll processes with Payactiv. We front the money so your employees are covered without disrupting your existing systems.
Financial Learning & Coaching
Included with their UKG Wallet account, Employees will have access to learning resources with articles on common financial topics as well as 1-on-1 financial coaching from a professional.
UKG Wallet Connect
Through our communication platform, you can send important notices, announcements, and resources to your workforce. Keep everyone in the conversation, whether it’s notice of an office closure or a birthday shoutout.
It’s as seamless as…
We’ve partnered with every leading HCM to integrate with existing systems, whatever your industry or size. No change to your cash flow. All you have to do is connect.
Compliance
UKG Wallet is authorized to provide services in all provinces and territories.
Security
ISO27001, SOC1 Type II, SOC2 Type II, PCI DSS Level 1 certified. We use multiple authentication options.
Configurable
Our platform supports SSO, internationalization, and 450+ rules to customize the service for your business.
Built with leading technology
UKG Wallet is powered by Payactiv, a trusted industry leader and pioneer of Earned Wage Access. Payactiv saved more than 4500 businesses over $1Billion in the U.S. and we’ve joined forces to do the same.
Let’s work together
Get in touch to request a demo for your company.
Have questions? We have answers.
How long does it take to start offering UKG Wallet to employees?
Once an employer agrees to offer UKG Wallet as an employee benefit, the service can go live within 4-8 weeks. We provide implementation and on-site training where required.
How does the service work for salaried employees?
For salaried employees, UKG Wallet allows 40 hours per week Monday through Friday.
How is information shared between payroll systems and UKG Wallet?
UKG Wallet has API integrations for your UKG time and attendance system, as well as most other payroll and time and attendance systems. We follow the highest security standards possible in the industry.
How much does it cost businesses to offer UKG Wallet?
There are no setup or recurring costs to the business.
Who funds the money accessed by employees?
We do. UKG Wallet fronts the cash to the employees. There is no income or expense impact for the employer.
Additional Resources
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