Help us shape MYOB PayGlobal's future product direction

Employee Benefits

As part of our future product direction, we are exploring partnerships with third-party services that could provide additional value to MYOB PayGlobal customers and their employees. One area we are considering is real time remuneration, which could give employees access to a portion of their earned pay before the normal payday. MYOB PayGlobal could make it easier for authorised payroll administrators to set up the service and send invitations to eligible employees.

 

Your feedback will help us understand whether this type of partner-enabled benefit would be valuable to your organisation, and what would make it simple, responsible and easy to manage. 

 

Please consider completing our feedback questionnaire or commenting below.

What is Real Time Remuneration?

In simple terms, real time remuneration allows an employee to access a portion of the pay they have already earned before the normal payday. At a high level:

• What it is: access to a portion of accrued or earned pay during the pay cycle, rather than waiting until the usual payday.
• What it isn’t: a loan, payday advance or traditional credit product. The employee is accessing pay they have already earned, with no loan repayments or credit assessment expected.
• How it could operate: an employer would choose whether to offer the benefit and which employees may be eligible. Employees would use the partner service to view their available balance and request access, with transaction fees and employer subsidy options to be considered.
• How payroll would be involved: PayGlobal would remain the payroll system of record, with any amounts accessed needing to be reconciled through the employer’s payroll process, such as a deduction in the relevant pay cycle.

 

We’re interested in hearing:

• Would this be a valuable employee benefit for your organisation?
• What concerns or conditions would you have?
• What would make the setup and ongoing payroll administration simple and responsible?

 

Please note that this is currently under consideration only. It does not mean MYOB has committed to building, integrating or offering this capability. We’re gathering feedback to understand whether there is genuine customer interest and what requirements would be important.