Wrkr completes Rest Employer Services Platform Trial

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Stock WRKR Ltd (WRK.ASX)
Release Time 17 Jun 2025, 9:19 a.m.
Price Sensitive Yes
 Wrkr completes Rest Employer Services Platform Trial
Key Points
  • Successful pilot of Wrkr's employer services platform with Rest and MUFG Retirement Services
  • Positive feedback from participating Rest employers on platform's user experience
  • Significant step forward in Rest's preparations for the introduction of Payday Super
Full Summary

Wrkr Ltd (ASX: WRK), an innovator in digital workforce compliance solutions, has completed a successful pilot of its employer services platform with Rest, one of Australia's largest profit-to-member superannuation funds, in partnership with MUFG Retirement Services. The pilot included deploying a production version of Wrkr's platform for testing and feedback by Rest, MUFG Retirement Services users, Rest employers and their users. Over the pilot period, production data was used, including the onboarding of new businesses and users, and the processing of numerous super contributions. The period was used to co-design improvements and features to ensure a significant uplift in user experience from current experiences and test alignment to Payday Super changes. Following the successful pilot, Rest has moved into the next phase of implementation of the platform including negotiating the final commercial terms with MUFG Retirement Services. Rest, with more than two million members and around $93 billion in funds under management, is now well positioned to accelerate preparations for the introduction of Payday Super, expected in July 2026. Wrkr will work closely with Rest and MUFG Retirement Services to define the active users and implementation timing, and will provide further financial information once the implementation plan and commercials between Rest and MUFG Retirement Services are complete.

Outlook

Wrkr is well positioned to support Rest's preparations for the introduction of Payday Super, expected in July 2026, through the successful pilot of its employer services platform and the next phase of implementation.