JaliHR · The Options

Three ways to bring workplace banking to your people.

Each one clears the bar the study set: no cost, no liability, no lending your own money. Here is each, plainly, so you can decide.

Option 01 · Direct lender

Power.

Power lends to employees directly, with insurance alongside. The company pays nothing and guarantees nothing. Automation for HR is in development, so deductions add some work today.

Products

Loans and insurance

Loan pricing

6% per month

Cost to the company

None

Employer liability

None

Work for HR

Some todayAutomation is on their roadmap

Visit yourpower.io Email Power →

Option 02 · Bank-led rail · JaliHR's recommendation

Phela.

Regulated banks lend at bank rates. Employees repay through payroll, hard-capped so access never becomes over-indebtedness. Savings and investment run on the same rail.

The company carries nothing and does nothing. It simply works.

Products

Loans, savings, investment, insuranceThrough multiple banks. Your employees choose.

Loan pricing

Bank ratesIf a bank lends at 1.6% a month, your people get 1.6%. If it is 2%, that is it.

Affordability

Hard-capped at 28% of net payChecked in real time, before any loan

Your bank programme

It stays, and it growsPhela runs your existing programme on the rail. No programme yet? You get the banks already on it.

Your SACCO & internal loans

Phela powers them tooYour internal programmes become a financial wellness tool: the automation, without the admin

Cost, liability, work for HR

None, none, none

Payroll

AgnosticSwitch payroll providers and the benefit moves with you

Meet with Phela

Option 03 · Payroll-led

SeamlessHR & Workpay.

For companies already running SeamlessHR or Workpay. If you are considering this route and you are not on either platform, talk to Phela above.

These work much like Phela, with one difference we can speak to: Phela gives your employees multiple lenders to choose from. For what each platform offers today, ask them directly.

On SeamlessHR

enock@seamlesshr.comAsk what financial wellness options are live on your plan

On Workpay

pauline.rogito@myworkpay.comSame question, same directness

Side by side

Compare the three.

	PowerDirect lender	PhelaRecommended	SeamlessHR · WorkpayPayroll-led
Products	Loans, insurance	Loans, savings, investment, insurance	Ask your provider
Loan pricing	6% per month	Bank rates	Ask your provider
Cost to the company	None	None	Ask your provider
Employer liability	None	None	Ask your provider
Work for HR	Some, automation in development	None	Ask your provider
Affordability caps	Ask Power	Hard cap at 28% of net pay	Ask your provider
Portable across payrolls	Yes	Yes	Tied to the platform
Grows your existing bank programme	No	Yes	Ask your provider

To be clear

We recommend nothing outside these three.

We have looked at the rest. They are either expensive, will not solve the problem, or are genuinely not a good option for your employees. This is a hill we are happy to die on.

If none of the three are available to you, run an internal salary loans programme. It is work, and it is your money, but it is honest help while you get there.

And if your leadership believes staff need financial skills, not easier credit, respect that. Start with education and savings. Credit into a culture that opposes it fails, and it should.

Not sure which fits?

Check your company, or just ask us.

Run the diagnostic on your own numbers, or bring us your setup and we will tell you straight, including if the answer is "none of them yet".

Run a diagnostic on your company Talk to us →