Automated transfers reduces behavioural barriers

Grow enables employees to build resilience by automating transfers from their pay towards their goals, helping workers overcome behavioural barriers to saving. These barriers include struggling to follow through on savings plans, forgetting to save, saving what’s leftover or being tempted to spend on payday.

How Grow builds financial wellbeing

Micro-savings makes saving money achievable for all

Grow lets employees decide on an amount to set aside each hour worked making saving feel achievable. Research finds framing transfers in small amounts quadruples the take up of savings programs and reduces the barriers for lower income workers who may be put off committing to larger amounts.

Helps workers make progress towards future goals

Research finds many of us struggle to save for the future because we prioritise our needs in the present and struggle to connect with our future selves. Setting clear goals and timelines to reach them has been proven to increase connection to saving and ultimately, how much is saved.

The positive impact of Flexible pay

33% of withdrawals are to cover bills and 21% are to buy groceries

88% decrease in reliance on loans and 39% decrease in reliance on credit cards

12 months after making their first withdrawal, people make fewer transfers a month

What people say about Flexible pay

“I like it because it’s my money that I’ve earned and I don’t pay interest on it.
It feels more like I’ve earned it – and I’m living within my means.”

“It allows me to stay on top of my finances, which helps me keep my days
running smoothly. I have full control over when I can spend my earnings.”

The positive impact of Flexible pay

33% of withdrawals are to cover bills and 21% are to buy groceries

88% decrease in reliance on loans and 39% decrease in reliance on credit cards

12 months after making their first withdrawal, people make fewer transfers a month

What people say about Flexible pay

How Grow works

Employees can name their goal, enter how much they’d need and select how much to set aside from each hour worked
Employees confirm their automated plan and set up their Grow account after reading and agreeing to the T&Cs
From the Humanforce Thrive app, employees can see how much their earnings have grown towards their goal amount, their estimated goal date and how much will be transferred after they’ve been paid
Employees have flexibility to cancel or change their goal anytime and can access money instantly when they need to.

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We're the mission-led responsible experts in financial wellbeing, providing award-winning innovative solutions to solve the number one employee concern — financial stress. We can have a financial wellbeing program up and running in your business in 4 weeks.

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