Employee Same Day Pay

Attracting and Retaing Talent is a Top Priority for Every Business.

Employees are your greatest asset. Today, they have more choices than ever. Company’s that put their employees first recognize same-day-pay as a key to employee happiness. In addition, employers are recognizing that same-day-pay will immediately improve shift coverage and employee retention.

 

Same-Day-Pay is a company-sponsored third-party employee benefit program designed specifically for the hourly worker resulting in significant cost savings by reducing both turnover and absenteeism. Employers also see a significant increase in number of job applicants when referenced in their hiring campaigns.

It can get expensive and time-consuming to attract, hire, and train hourly talent

$2,500

AVERAGE COST TO HIRE A NEW QUICK SERVE RESTAURANT EMPLOYEE

$3,328

AVERAGE COST TO HIRE A NEW RETAIL
EMPLOYEE

$4,250

AVERAGE COST TO HIRE A NEW SENIOR LIVING
EMPLOYEE

$5,864

AVERAGE COST TO HIRE A NEW HOSPITALITY
EMPLOYEE

Attract and retain by solving for the needs of workers

Why do hourly employees need same-day-pay? It may surprise you to learn that the number one reason is to put food on the table, for themselves and their families. Medical bills and transportation costs are also high on the list. The reality is workers live paycheck to paycheck, and the two-week payroll cycle can seem like an eternity to someone facing financial stress. Worse yet, they are destroying their financial future by seeking predatory loans and taking early advances on retirement savings.

What hourly workers use a paycheck advance  for.

Access

Instant access ot wages earned

Budget

Deal with financial upredictability

Grow

Coroporate communications, resources, internal opportunities

FREE, Simple employee setup

Immediate savings to your company at no cost and no integration

At no cost to you and no integration to payroll, there is an easy solution that will build loyalty, redude turnover, attract employees and keep employees in your company. 

PAY/ACCESS: Same-Day-Pay allowing instant access to earned wages helping employees avoid predatory lenders and other bad money choices when in a pinch

BUDGET: Free in-app budgeting and financial wellness tools to make your employees better stewards of their money

ENGAGE:Free in-app communication tools allowing employers to engage their hourly workers as they do their corporate workers

Your ideal candidate is considering your company and one of your close competitors for the exact same position. You and your competitor are both reputable companies competing for this coveted candidate. Whoever offers same-day-pay wins. Worse yet, a company could risk losing current employees to another company offering same-day-pay as employees will follow the money.  

Earn

Employees see opportunities to pick up additional shifts

  • Enterprise provides access to read schedules
  • Employee can see estimated earnings per shift and per week
  • Employees can drop shifts and pick up open shifts for additional wages

Insights

Unlock people data at scale

  • Benefits adoption and trends
  • Unlock talent in organization
  • Predict turnover trends

Request a free analysis.

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Or Call us at 1-800-488-5798