Employment Hero EWA

Employment Hero EWA (Earned Wage Access) is built into the Employment Hero Work app. Employees whose employer uses the Employment Hero HR and payroll platform can request access to wages they have already earned at any time. Employment Hero funds the request and the amount is automatically deducted as a payroll deduction in the next pay run.

The fee per withdrawal is 1.3% (Swag Wallet) or 1.5% (bank account) when the funds are sent to an external bank account. A lower fee applies for transfers to the Swag Wallet (Employment Hero's integrated spending account). There is no interest charged.

EWA is included at no additional cost for employers already on the Employment Hero platform. There is no separate setup fee for the employer.

Yes. The employer must be using the Employment Hero HR platform and have payroll connected to it. Employees cannot access EWA independently; the feature is enabled through the employer's account.

Employees can access up to 50% of their earned wages per pay period, subject to a weekly maximum set by Employment Hero.

Employment Hero EWA works with Employment Hero Payroll, Xero, and MYOB. The employer's payroll must be connected to the Employment Hero platform for EWA to function.

No. Employment Hero EWA gives employees early access to wages they have already earned. It is interest-free and does not involve the extension of new credit in the way a payday loan or personal loan does. Employment Hero holds an ASIC credit licence for this product in Australia.