Same Day Pay Employee Digital Wallet

Invest in Immediate Pay to attract top talent and reduce employee turnover costs significantly.

Our Immediate Pay program, a company-sponsored third-party employee benefit, provides instant access to earned wages for hourly workers at zero cost to employers and without the need for payroll system integration. In today’s job market, with unemployment rates at historic lows, attracting and retaining top talent poses significant challenges.

By offering immediate access to earned wages, businesses can foster loyalty among hourly workers and gain a competitive advantage in talent acquisition. Employers without such benefits risk falling behind in the competitive landscape. The expense of replacing an employee averages $3,228, while absenteeism costs $3,600 per employee on average.

Employer cost: $0 / month

Minimum 250 employees

Employees are empowered

☑️ Same-day pay/instant access to up to 50% of earned wages (not a loan)

☑️ Helps you attract, motivate, and retain employees, achieve cost savings

☑️ Empowers employees to better control their cashflow & finances – Without banks, payday lenders, check cashers, etc

Included benefits

Digital account with earnings credit
Visa Debit Card / Bill Pay
Send Money

Financially healthy employees mean more engaged employees

84% of employees want access to earned wages between pay periods, can resolve their immediate cash needs
$0 monthly fee for employees

Employers are heroes

Providing a cost-effective financial services alternative without excessive fees
Helps reduce turnover, improve employee satisfaction
Provide a competitive advantage in today’s hiring market

Employee Challenges: A Snapshot from the US Workforce

78% of Americans live paycheck to paycheck
65% of employees feel personal financial worries impact their health
44% have less than $400 saved for unexpected expenses
Those who can least afford it are charged excessive fees for financial services like payday loans and check cashing

Schedule Your Short 15 Minute Complimentary Consultation Now

Request a Complimentary Savings Estimate

In use by staff at these fine companies and more…

CASE STUDY: Dunkin’ Donuts franchisee with 31 stores & 510 employees

With 100%+ employee turnover in the quick service restaurant (QSR)space, Human Capital Management is already a costly line item in this industry, totaling over $2,000 per new hire. Combine that with the challenges of the pandemic and the general demographics of the QSR hourly worker for this franchise owner wanted a solution to an inefficient and out of date payroll process.

Solution

Once the franchisee owner met with our team, they believed the combination of the Digital Account with direct deposit and early access to 50% of earned wages (Pay Any- Day product) plus, the commitment to concierge level customer support was a win-win for them.

The Pay Any-Day product is for hourly workers that often struggle with making ends meet between paychecks.

The Digital Account also includes a Visa Debit Card, Online Bill Pay, Send Money, and Earnings Credit and provides a financial wellness benefit for both younger employees and employees who manage in a mostly cash only environment. The whole package allows for a competitive hiring edge over the competition.

“This provides the perfect solution to move away from payroll checks to direct deposit, Pay Any Day is a compelling product for my employees, and a great benefit tool for hiring purposes. It has reduced my back office expenses and increased employee retention.” – Owner