No more waiting around for Friday, pay day is now whenever you need it to be! With Next Day Pay®, you can work a shift and receive 50% of your gross earnings the very next business day. ShiftMed will even transfer these payments directly to your bank account - free of charge.
How does it work?
After you work a shift, your gross earnings will be updated in the ShiftMed app. If your shifts are eligible for Next Day Pay®, you’ll be able to withdrawal up to 50% of your wages. So, say you earned $300 on your last shift, you’d be able to withdraw up to $150.
To use Next Day Pay®, you must have your direct deposit set up and verified.**
For a shift to be eligible for Next Day Pay®, you must check-in & check-out via the ShiftMed app with the nursing supervisor’s signature.
You can submit 1 withdrawal request per day.
You must submit any withdrawal before 5 PM Eastern (EST) each day in order for that request to be transferred to your bank account the next business day. Any requests made after 5 PM Eastern (EST) will be paid out on the 2nd business day following the request.
Withdrawals submitted on Friday will be paid out on Monday, while requests made on Saturday and Sunday will be paid out on the following Tuesday.
Orientation shifts are not eligible for Next Day Pay®, for these shifts you’ll be paid out on the scheduled pay day that week.
When clocking in and out we must capture your GPS location. ***
Changing your direct deposit information while you have a pending request can delay or cancel your request.
Friday evening and night shifts are not eligible for next day pay, for these shifts you’ll be paid out on the scheduled pay day that week.
Your account must be in good standing, no suspensions, DNR's etc.
What does gross earnings mean?
Gross earnings are the total wages you’ve earned before taxes.
Why can I only withdrawal 50% of my gross earnings?
By withholding 50%, we’re able to deduct the necessary taxes from that amount before paying out the remaining sum on the scheduled weekly pay day.
When do I get paid the remaining 50% of my gross earnings?
Your remaining wages are paid out weekly on Friday.
Why can’t I make requests after 5 PM Eastern (EST)?
Since your withdrawals are sent directly to your bank account, the transfers must be made during your bank’s business hours.
Why does my available balance seem lower than what I’ve earned?
Your available balance is the sum of your gross earnings from the shifts eligible for Next Day Pay®.
Any shifts that you work where there was no check-in & check-out in the ShiftMed app with the nursing supervisor’s signature (or was an orientation shift) won’t show up in your available balance. For shifts not eligible for Next Day Pay®, you’ll be paid out on the scheduled pay day for that week.
Why does my available balance show $0 on Saturday?
ShiftMed’s pay periods begin Saturday and end each Friday. So, each Friday you’ll be paid out as scheduled and your available balance in Next Day Pay® will be zeroed out. Once you work your first shift of that pay period, you’ll see your gross earnings added to your available balance.
What if I change my Direct Deposit information after I have submitted a Next Day Pay® request?
Most likely you will not receive your Next Day Pay® request because the updated Direct Deposit information would need to be verified. Payment advances cannot be paid out until the Direct Deposit account information has been verified.
What happens when if I request a withdrawal on a bank holiday?
If you submit a request on a bank holiday, then that withdrawal will not be able to be processed until the next business day. The payment will be transferred the business day after the withdrawal was processed.
Bank Holidays in 2021:
Memorial Day, May 31st
Independence Day, July 4th
Labor Day, September 6th
Columbus Day, October 11th
Veterans Day, November 11th
Thanksgiving Day, November 25th
Christmas Day, December 25th
If you have any questions or need further assistance, you can start a chat with us by using the 'Get Help' option in the ShiftMed app.
**For first time users or those updating direct deposit information, it can take up to 3- 5 business days to verify for Next Day Pay®.
*** GPS locations can be impacted by low cell service or cell tower issues
If you have any questions please reach out to us using the Get Help feature in the app or email us at email@example.com.