paygood was created with the aim of contributing to the financial well-being of all employees and adding social value.
To this purpose, we want to give all employees access to earned wages at all times in order to reduce financial and mental stress. In this way, we help employees to avoid getting into debt and to keep an overview of their financial situation.
Giving employees access to a portion of monthly net is nothing new.
Many countries around the world already have such solutions. However, this often hides advance payments that cause additional costs for employees, like mini-credits.
In Germany, advanced and pre-payments in payroll accounting are familiar,
but can lead to high administrative expenses and occasional post-payment clarification due to overlooked withholding.
With our extensive experience in personnel management, we understand the financial challenges faced by employees, particularly those in the lower income bracket.
Behind paygood is the idea
to create an automated solution that, on one hand, significantly simplifies the advanced payment process for companies and, on the other hand, helps employees to better manage their money.
OUR MISSION
How did we achieve this?
With paygood, we have created a tool that gives every employee access to the wages they have earned.
In addition, we use paygood to provide information and tips
on how to handle money in order to sustainably improve the financial situation of employees.
paygood thus offers employees relevant added value and employers the opportunity to show social commitment.
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