Go offline with the Player FM app!
Earned Wage Access
Manage episode 340657894 series 2428966
At its core, earned wage access (EWA) is a way for employees to access their wages before their scheduled payday. This can be done through a variety of methods, including payroll advances, early release of funds from a company bank account, or other methods approved by the employer.
There are many benefits of EWA for both employees and employers. For employees, it can provide much-needed financial flexibility and peace of mind. It can also help them avoid expensive fees associated with traditional payday loans. For employers, EWA can improve employee retention and satisfaction, and may even lead to increased productivity.
In this podcast, we'll explore the ins and outs of EWA, including how it works and how companies can use EWA to great effect.
462 episodes
Manage episode 340657894 series 2428966
At its core, earned wage access (EWA) is a way for employees to access their wages before their scheduled payday. This can be done through a variety of methods, including payroll advances, early release of funds from a company bank account, or other methods approved by the employer.
There are many benefits of EWA for both employees and employers. For employees, it can provide much-needed financial flexibility and peace of mind. It can also help them avoid expensive fees associated with traditional payday loans. For employers, EWA can improve employee retention and satisfaction, and may even lead to increased productivity.
In this podcast, we'll explore the ins and outs of EWA, including how it works and how companies can use EWA to great effect.
462 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.