8 Things to Consider When Choosing an On-Demand Pay Provider
If you’re considering offering an on-demand pay benefit, it’s essential to understand that not all providers are created equal. Choosing the wrong vendor can create more work and increase costs for your organization. This eBook contains tips to help you evaluate on-demand pay providers to ensure that the program you choose helps your organization save time, money and meet modern employees’ expectations when it comes to access to their pay.
What’s in the eBook:
- An explanation of what on-demand pay is and why is it essential in today's world
- Tips to help you determine the best on-demand pay providers to improve the employees' and employer's experience
- A side-by-side assessment of five on-demand pay vendors
Offering an on-demand pay benefit can be game-changing for you and your employees. Your employees will have more control over the timing of their pay and save, on average, $1,205 each year in payday loan payments, late fees and overdraft fees, which gives them more financial freedom. In turn, you and your company will benefit from more engaged employees who stay longer and work harder.