A guide to getting Earned Wage Access right
Dive into this toolkit for understanding, evaluating, and choosing responsible earned wage access that helps both employees and the organization.
Why You Should Care
Soaring financial stress means certain benefits have become a necessity for hourly workers.
The employers who understand this are the ones who’ll win the battle for talent.
Earned Wage Access (EWA), or on-demand pay, is the ability for employees to withdraw money they have already earned, whenever they need it – rather than waiting for a set payday.
EY research found that 70% of all workers are paid either monthly or every two weeks, yet 80% of workers want their pay to be calculated on-demand.
Offering EWA as a financial benefit can enable you to better your EVP; better the performance, productivity, experience, and wellbeing of your employees; and translate into positive ROI across recruiting, retention, and talent management.
Download this guide today to:
- Zoom in on why hourly workers are under such financial stress.
- What benefits EWA can offer the business and your employees.
- How and why employer-sponsored EWA can help to drive the best employee experience.
- What EWA can look like for enterprise organizations.
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