An advance/off-cycle payment can be made to a talent outside of the payroll run; this would only be permitted and used for an item/payment that was missed or is due to be paid in the next cycle and not to "Loan" the employee money.
How does an advance work?
Payroll will pay 50% of the total gross value directly into the employee's bank account; this will not appear on the payslip, and the client will not be charged for this amount at this time.
In the following months, the gross payment will be made through payroll so it is correctly reported to the authorities, and we will then deduct the advance/off-cycle payment amount as a net deduction. This is to ensure that the employee does not receive the net amount again.
The client will be charged for the gross item only and will not receive a credit for the advance recovery offset. The client will also be charged an off-cycle fee as per the standard services, which will be managed via the platform.
Submitter: Jak Morris