paygood

For Employees

paygood - wage payment that fits your life

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"Sometimes life gets in the way." - The wage payment comes in the same rhythm, but the expenses don't. Overdrafts, microloans and credit card payments are expensive. Your boss and the paygood.app can help you. Save yourself stress and high costs and stay financially stable.

Access a part of your wage. No credit - no interest.

Freedom for your wishes. More financial flexibility and security.

Prompt payout - securely and discreetly from your smartphone.

Testimonials

I was always embarrassed to ask my boss for money. I preferred to borrow it elsewhere. I don't need that anymore. It's great that my boss gave us paygood.

Diana V.

Kommisioniererin

We have been transferring wages at the end of the month for over 50 years. It's time we adapted this to today's requirements. It's a shame that paygood didn't exist earlier. It would have saved us a lot of time in the HR department.

Wilhelm K.

Unternehmer

paygood is great for me, every now and then something just comes up. I used to overdraw my account or pay later. Now I can save myself the fees and reminders. Great idea.

Lukas D.

Servicemitarbeiter

I think that's a great idea, especially in the lower income bracket. That's where it's needed. That's appreciation that goes down well.

Nina P.

Bereichsleiterin

Simply cool! With paygood I'm more flexible and stay much more relaxed - even at work. The tips on managing money are really good. I'm also showing them to my brother.

Samir A.

Lagerist

Finally something new in the area of employee retention. This is particularly well received by our employees who can't work from home. They always felt they were treated worse. Not any more.

Miriam S.

HR Managerin

Knowing that i can access 200 € at any time makes me sleep better

Christoph V.

Trockenbaumonteur

The employees are already thrilled to have such an easy way to access their own money with paygood. 

Nupel K.

Personalreferentin

"I can manage my financial gaps better and and have less stress.”

The app that gives you more financial freedom. Simple - Discreet - Anytime - Secure
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Financial flexibility for you

Access a part of your earned wage - before your usual wage payment date.

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Keep track on things

Transparency helps you. See all transfers in one place and track the status.

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Your wages - your money

Access part of your earnings. Discreetly, securely, quickly and at any time.

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Just a click

Install the paygood app on your device to be financially flexible at all times. No app store, no download.

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Financial knowledge included

With "KnowGood" you can improve your knowledge of financial behaviour. Our articles are regularly added to your paygood app free of charge.

Your boss appreciates what he has with you. Who can we contact in your company?

A last-minute getaway, new tires for your car, your children's school trip, a one-off offer or the deposit for a new apartment. Solve such challenges out of your own pocket. With paygood.app, you can sleep soundly.

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.

Paygood