Using Wageflo
On-demand Wages allow you to withdraw your pay as you earn it. No need to wait until payday. As soon as your manager approves the shifts you've worked, you can access up to 80% of your pay early! Login to your foundU app to see when and how much of your wage you can access.
Wageflo also works with our budgeting tool. Setting up your recurring expenses in the budget tool gives you better visibility over what money you have to work with each pay period. It also allows you to see what you are likely to earn in the pay period based on what shifts have been rostered. You can read more about this here.
Seem too good to be true - it's not! Have questions? We have addressed some of the more popular Frequently Asked Questions below so be sure to take a look!
To access your pay early:
- From within your employee app, select 'Withdraw Now' from the home screen.
- Enter the value you would like to withdraw (minimum of $100) & follow the prompts!
Got Questions or Feedback? Let us know!
Learn more about Wageflo for employees here
FAQs - Frequently Asked Questions
I'm a new employee, why can't I see Wageflo Wages in my App?
- You must be paid once by your business before you will have access to Wageflo and see the Wageflo option in your App.
- You will also want to ensure that your employers have Wageflo enabled for use in their business.
Why does my available balance show less than I expect?
There are many reasons that your available balance could be lower than your expectation, including that:
- Your employer may not yet have approved your shifts, or,
- You are expecting to see allowances and leave as a part of this value - these items are not always included.
- You have taken money out - this will lower your available balance.
- You had an overdrawn amount from the previous pay period, that has reduced this pay period's available balance. Learn more about overdrawn amounts here.
Are there any restrictions to using the Wageflo feature?
- You must be over 18 years old to use this feature.
- If you have recently made updates to your bank details or TFN statement, then you will be required to wait until you have one more pay processed with these new details before you can access this feature.
What are the minimum and maximum withdrawal requirements?
- Min $100 withdrawal with a fee of $5. Once processed you will see your funds in your account almost instantly, usually in about 15 seconds.
- The maximum amount that you can withdraw will be 80% of your wages.
I'm a salaried employee, can I access Wageflo?
You can, however, you will only have an available balance at the end of your week. This can still be withdrawn before your next payday.
We are currently working on making your balance being made available earlier. So stay tuned for updates!
I have used Wageflo in the past, why don't I have any available wages this pay period?
There may be a few different reasons why you don't have any available wages this pay period.
- If you have recently made updates to your bank details or TFN statement.
- Your worked shifts may not have been approved yet.
- If your payslip has been edited by your payroll officer.
- If you are in an overdrawn state. Learn more about overdrawn amounts here.
I'm a monthly paid employee, can I access Wageflo?
No, unfortunately, Wageflo is not currently available to monthly employees at this stage.
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