In this economy, is it really possible to balance your business's bottom line while addressing employee financial wellness initiatives? According to Tate Hackert, President and Founder of ZayZoon, the answer is a resounding "yes." Listen in to learn all about how business owners can retain employees during these trying times by providing Earned Wage Access, a solution for the cash flow crunch between paydays.
TAKEAWAYS
Earned Wage Access, now growing in popularity, allows employees the flexibility to access the pay that they've already earned but have not yet been paid.
Financial stress causes less productivity which increases the likelihood that a given employee would change jobs.
Employers can help increase employee financial wherewithal — through a raise, better education, or other financial perks.
Many small business owners already provide advances on employee paychecks, but that creates an administrative burden and an awkward relationship between the employer and employee.
A QUICK GLIMPSE INTO OUR PODCAST 🔊 Podcast: Transform Your Workplace, sponsored by Xenium HR 🎙️ Host: Brandon Laws
📋 In his own words: "The Transform Your Workplace podcast is your go-to source for the latest workplace trends, big ideas, and time-tested methods straight from the mouths of industry experts and respected thought-leaders."
Contact Brandon and Xenium HR:
Email Brandon.Laws@xeniumhr.com or connect on LinkedIn, Twitter, or Instagram.
