In order to track your accrued unpaid wages, Level requires certain data about your salary / hourly rate and how many hours you have worked at any point in time during the month. Level establishes that data through a secure data connection with the employer’s HR systems.
Each employer’s systems are different. We have a range of technical and operational methods of establishing that reliable, secure data connection to suit the individual employer’s requirements.
It is important to note that this data is only transferred to Level for employees who have opted into the Level EWA scheme and provided their consent for Level to access data.
For more information about the Data Privacy considerations in relation to launching an EWA scheme see here.
The ability to advance the wages you have earned at any time during your pay cycle, is a unique and innovative service. But it does not have to be a ‘black box’. At Level it is made possible by carefully designed and built enterprise technology and processes, connecting Level to an employer's HR and payroll systems.
Level’s systems are deliberately light-touch and easy to implement from the employer's perspective and facilitate a valuable service for their employees, which promotes and supports good financial health.
Reasons for AdvanceProject type
The Role of On-Demand Pay in UK ProductivityProject type
Payroll SavingsProject type
Application and FormsProject type
Work and WorkplaceProject type
Mental HealthProject type
Employee and Employee BenefitsProject type
Salary Advance and Salary FinanceProject type
How does it work?Project type
Can I get it?Project type
What is it?Project type
Mark Up, Loan Rate & Interest RateProject type
Reasons for LoansProject type
TechRound | Interview with Stephen HollidayProject type