Enable your employees to become financially independent with on-demand pay, automated savings and financial education
The best part of it? We take care of everything so there is no impact on your cash flow
Your financial well-being app for employees
LaraPay allows you to alleviate the common costs and problems that arise from financially stressed employees. With a variety of features such as flexible early wage access, LaraPay provides a comprehensive tool that increases productivity and whilst decreasing financial stress and employee turnover.
Real-time wage overview
Tackling the damaging impact of the monthly pay cycle
- Zero changes in your payroll accounting
- Quick and easy implementation
- Zero impact on your cash flow
Financial stress in the workplace is becoming the norm in Germany
of the German population has no savings at all
of the German population cannot meet unexpected expenses at least once a year
of the population lacks basic financial knowledge
Why you should care about your employee’s financial well-being
Financially stressed employees worry and become less productive.
Financially stressed employees change jobs more often.
Financial stress damages health and increases work absence.
Do my employees need their own computers or smartphones to use LaraPay?
Do we have to integrate our HR system with LaraPay?
Who is LaraPay already working with?
Who pays for LaraPay? And how much does it cost?
Your employees only pay a small fixed fee per early wage request which is transparently communicated to them with every request.
We’re more than happy to send you the exact figures – just let us know via our contact form.
Are we the right employer to use LaraPay?
No matter which industry you’re in – whether you provide temporary employment or work with shift schedules, LaraPay can support you in relieving your employees of financial stress burden.
Is LaraPay compatible with part-time employment, sick days, parental leave, etc.?
Is LaraPay also available for shift, hourly wage and temporary workers?
If an employee leaves the company, how can we be sure that they will no longer be able to withdrway early wages?
Does the employer have to finance the early wage accesses?
How do you ensure employees cannot claim more money than they're entitled to?
By integrating with your HR system we are able to retrieve real-time data on the amount your employees have earned. Together with your early wage cap, we are able to constantly control how much an individual employee can withdraw. The early wage cap percentage can go up to a maximum of 50%.
What are the implications on our payroll accounting?
We’re more than happy to answer any questions, or chat to you about our solution and how we can support you in improving your employee’s financial well-being – just leave us a message and your contact details below!