Critical workers, such as NHS and care staff, can now gain access to their wages ahead of payday for free, by using Hastee.
Earnings on-demand platform Hastee gives workers access to their earned wages before payday. As integral workers in the fight against COVID-19, Hastee is waiving fees for NHS care workers for the next six months as well as for the next three months to all users, including privately employed care workers.
The platform has already reported a 22% week-on-week increase in usage, as workers access their money ahead of payday to stock up on the essentials. Hastee currently supports more than 100,000 workers across several sectors including the NHS, care homes, hospitality and manufacturing.
Hastee is taking action to support workers so that those who either need some extra financial freedom or who have urgent additional payments, can access their earnings without having to borrow the money and pay high rates of interest either via overdrafts or other forms of high-cost credit.
The Hastee platform is always free to employers and allows staff to access up to 50% of their salaries before payday each month for a minimal 2.5% transaction fee. The first £100 withdrawal is always free of fees to everyone, however Hastee is now waiving all fees for NHS care workers for six months and supporting all users across the UK for three months to help provide access to earned pay and financial wellbeing as the coronavirus takes hold across the country.
Announcing the measure, James Herbert, Founder and CEO of Hastee, said: “We want to support the most important members of the workforce to focus on the enormous task at hand - whether it be treating patients in our hospitals or ensuring our food supplies remain consistent as we prepare for further restrictive measures to take hold. By waiving all fees for six months for critical staff and three months for every other business, who will need huge support to get through this, we hope we can at least take some of the financial pressure off those people who are so essential to the overall wellbeing of everyone else.”