Instawork’s affiliate, Advantage Workforce Services, LLC (“AWS”) is launching a new program to enable Instapay for W-2 shifts.
Note: W-2 Instapay is not currently available in CA, CO, and CT.
How do I sign up for W-2 Instapay?
As an invited participant of this program, it is simple to start receiving W-2 Instapay. All you have to do is update your Payment settings in the app. Here are the steps:
Go to Profile / Setting (gear icon on top of the app) / Payment settings.
In the Payment settings page, tap on the pencil to the right of W-2 shifts
Review and accept the AWS W-2 Instapay Terms & Conditions
Change your Payment settings frequency to Instapay.
After you have selected Instapay as your Payment frequency, please select a Payment account.
If you select Checking, your bank may take up to 3 business days after the end of your W-2 shift to make your W-2 Instapay available in your account
If you select Debit, your bank will generally make your earnings available in an hour. (Please note that you have to provide your Debit information for W-2 shifts even if you have already provided the information for 1099 shifts. We are asking this information again to ensure that we pay you correctly. You can use the same debit card for your 1099 and W-2 shifts.)
Note: At any time, if you don’t want the Instapay feature to be enabled for W-2 shifts, simply switch your W-2 payment frequency back to Weekly.
How does W-2 Instapay work?
Make sure you have “Instapay” selected in your Payment settings for W-2 shifts.
After you clock out of a W-2 shift, go to the Earnings tab to review payment details and confirm you want a portion of your estimated earnings sent early via Instapay. If you do not select Instapay before the start of your next shift, the earnings will be sent as part of your regular Weekly payment.
If your Payment settings are set to Debit, your bank will generally make your earnings available within an hour. If you choose Checking, it may take up to 3 business days after the shift for the funds to appear in your account.
Any remaining earnings will be processed and paid out at the end of the Weekly pay period.*
Important to note:
A 5% fee applies to each Instapay payout. You can always get paid for free by choosing the Weekly option in your Payment Settings.
How much will I receive in W-2 Instapay?
For each Instapay transaction, you will receive 60% of the estimated gross income (pre-tax earnings) for your shift, less an expedited transaction fee of 5% of that Instapay amount. The remaining 40% of your gross income for the shift, finalized will be processed and paid out (less any applicable deductions and withholdings) at the end of the weekly pay period, on Wednesday of the following week. .
For example, you completed a W-2 shift on July 1, 2024. This shift has a total pay of $100.00, $57.00 will be paid through Instapay on July 1st, 2024 (this is calculated as $60.00 - 5% Instapay fee). Then on Wednesday, July 10th, 2024, you will be paid the remaining amount AFTER any applicable deductions and withholdings are made.
You can review your payment details by logging into the ADP portal (here) and navigating to the Pay Statement section.
What does W-2 Instapay look like on the app?
When you choose W-2 Instapay for a given shift, you’ll see detailed information about the payment in the app (below is an example):
As you can see on the above screen from an example shift, the total estimated gross earnings were $161.76, you can also see:
Instapay amount (60% of estimated gross): $97.05
Instapay expedited transaction fee (5% of Instapay amount): $4.85
Net Instapay amount sent to account: $92.20
Remaining 40% of estimated gross earnings for the shift, which will be paid out in Weekly pay at the end of the pay period: $64.71
How can my friends sign up for W-2 Instapay?
Currently, the W-2 Instapay program is invitation-only. Once we expand further, we will invite more Pros to participate.
Note: W-2 Instapay is not currently available in CA, CO, and CT.
How do I contact the Support team about W-2 Instapay?
You can always reach out to our team with questions about this program via the support option in the app by tapping the question mark () on the top right-hand corner of the screen. Please include the phrase ‘W2 instapay’ to ensurer your question is sent to the correct team.