If you’re among the many employers who are looking for new ways to stand out in a difficult employment market, you’ve probably heard that raising wages isn’t enough to compete for hourly workers. And perhaps you’ve considered – or heard about – the ability to pay workers a portion of their wages faster than the traditional payroll cycle.
Known as earned wage access, on-demand pay or early pay, the benefit is in high-demand among workers, especially hourly workers, many of whom see huge advantages to the flexibility of accessing wages sooner.
