Immediate pay for hourly workers is a company sponsored third-party employee benefit program specifically designed for the hourly worker at NO COST to the employer and requires NO INTEGRATION to payroll systems. With unemployment at historic lows, it’s becoming increasingly difficult to attract and retain top talent.
Offering instant access to earned wages is a benefit that can build loyalty with your hourly workers, and give you a competitive edge in recruiting top talent. Employers with hourly workers will find themselves at a competitive disadvantage if they’re not offering instant access to earned wages. The average cost to replace an employee is $3,228, and the average cost of absenteeism per employee is $3,600.