paygood

Rethinking wage payment. paygood - on-demand pay

Unique win-win for employers and employees

Healthy employees - successful company

We empower employees to access their earned wages at any time.

We support employees in a sustainable manner with regular contributions to financial education.

For employees

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Discover the paygood.app for financial flexibility with your own money.

Get a portion of your earned wages around the clock. Up-to-date and cost-free.

For companies

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Both sides demonstrably benefit from the increased financial well-being of employees:

More motivation, more loyalty, more commitment, more productivity - less fluctuation, fewer days of absence, less administration, lower recruiting costs.

Get in touch with us now

Experience the benefit and

get to know paygood.

I‘m an employee

Enjoy financial freedom with paygood thanks to the money you earn and stay financially healthy with our tips.

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I‘m a company

Benefit from higher employee satisfaction, greater loyalty and more productivity with paygood.

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Why companies and their employees love paygood.

"The employees simply find the paygood.app cool. They can manage their financial gaps better and save on credit costs. Our customers are enthusiastic about the concept because they have happier employees and have a real point in their favor when looking for employees, especially in the middle and lower income sectors. This saves costs and increases profits."

Kurt Beckers Co-Founder

It's time to invest in your people

Every 2nd

bank account is at € 0 at the end of the month - exceptional expenses cannot be paid from savings

2 of 3

employees take out (overdraft) loans at high interest rates and fees 2-4 times a year

Over 80 %

of employees do not want to ask their employer for help in the event of a bottleneck because it is embarrassing.

Higher productivity

through higher motivation

Lower recruitment costs

due to reduced fluctuation

  • employee termination

    18% less

    A social benefit that has a direct impact on employee turnover. You help your employees to keep their finances under control.

  • employee satisfaction

    10% higher

    Our services strengthen employee engagement and have a direct impact on NPS and loyalty.

  • operational readiness

    15% higher

    We create a connection between work and payment and makes it visible. This increases the willingness to work and the motivation.

With paygood you achieve an enormous contribution for your company

Employee loyalty that really works - for all employees

Sustainable and social benefit for genuine ESG commitment

Significantly increases financial well-being and mental health

Financial flexibility with your own money - save on overdraft interest

Quality of life is demonstrably improved by a high sense of security

High esteem through personal responsibility and flexibility

Have any question?

Find quick answers about paygood
Access to earned wages is an incentive that allows employees to request an advanced payment on their wages/salary before the end of the payroll period.
paygood is available to all employers and their employees with immediate effect. Simply get in touch with us.
Each employee can use paygood as often as they wish per month. The employer can individually adjust the available portion of the earned wage/salary as a proportionate percentage of the monthly net according to its company policy. We recommend making a maximum of 50% of the monthly net available.
Before the payroll run, all advanced payments of the payroll month are exported from paygood and imported into the payroll system with the corresponding wage type. The amounts paid to the employees are thus automatically withheld as an advance from the employee's current wage and salary payment and posted accordingly in the financial accounting system. paygood supports all common payroll systems.
Nothing. paygood is free of charge for the employee. The costs are borne exclusively by the employer. Good for your employees and therefore good for your company.
In order for your company to provide your employees with access to wages they have already earned, you either place a deposit in your separate account or we take care of the capital requirements.
paygood connects the employee data from the payroll or HR system with our own platform. This calculates how much money the employee has already earned up to the current day of the current month. If the employee requests a payout via the paygood app, this amount can be configured by the employer (it is usually between 25% and 50%) to ensure that the employee never spends more than they have earned. This approach supports the financial well-being of employees and helps to clarify the link between work and pay. The verification, approval, transfer and posting process is automated and requires no additional effort on the part of the employer.

From a tax and social security perspective, the use of paygood does not have any additional effects. The integration of paygood into the HR department's processes also does not create any additional work or control effort.

Through automated processes, paygood ensures that the amounts paid out are withheld from the net wage and booked during the next payroll run. In this way, paygood supports compliance regulations and can even promote the quality of payroll accounting. paygood disbursements of earned wages are not loans but payments on account, as they are already made manually in many industries.

 They are therefore not subject to the same legal regulations as loans or other forms of credit. Manual payments on account and advance payments, which are currently common in companies, are cumbersome and time-consuming for the HR department. With paygood, these activities are no longer necessary.

paygood is a valuable financial benefit that can help improve employees wellbeing. It can even reduce employees financial stress, leading to higher productivity, greater job satisfaction and lower turnover. This in turn means that companies find it easier to attract and retain employees. Studies by Harvard University and PwC on the benefits of solutions that give employees access to their earned wages show:

  • 77% of employees who use such solutions say their confidence has improved.
  • 72% feel they have more control.
  • 74% say that access to their earned wages has helped to reduce their financial stress.
  • 59% say that access to earned wages gives them additional motivation to go to work.

By offering paygood to their employees, companies show that they care about the financial well-being of their employees, which in turn increases employee engagement and satisfaction with the company. Higher employee engagement leads to lower turnover and lower costs for recruitment, induction, and training.

Financial wellness is the confidence and strength of knowing that bills can be paid at any time. Employees who enjoy financial wellness have fewer money worries and know how to deal with them. Financial wellness ensures that employees don't bring money stress and worries to work. Instead, they can concentrate fully on their job.