Trusts move to daily pay to support vulnerable staff

Trusts are rapidly introducing technology which allows staff to draw down a proportion of their pay on a daily basis to support those whose households have become financially vulnerable because of the pandemic.

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Jasmine Rapson, HSJ correspondent

  • Trusts exploring paying staff on same day during coronavirus pandemic 
  • Technology hoped to support trust employees on lower pay bands 
  • Pay system endorsed by former chief executive of Northern Care Alliance Sir David Dalton

Trusts are rapidly introducing technology which allows staff to draw down a proportion of their pay on a daily basis to support those whose households have become financially vulnerable because of the pandemic.

Wagestream and Earnd are among the providers that have offered their services to the NHS for free since the COVID-19 outbreak, to help ease financial anxiety among the overstretched workforce. 

So far, seven trusts are working with Earnd — an app provided by financial tech company Greensill, which allows staff to draw down a portion of their pay immediately after a shift.


Read the full story for free here.

HSJ

HSJ editorial team, Wilmington Healthcare

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