Why small businesses are ditching “payday”

From regular bills to unexpected expenses, many employees anxiously wait weeks (or even months) to access their hard-earned wages.

And while it may seem like an issue for a select few, a staggering 77% of U.S. workers are still living paycheck to paycheck. But in an increasingly flexible financial world, is all this waiting really necessary?

With Earned Wage Access (EWA), the endless wait for wages is a thing of the past. EWA allows employees to do just that: access their wages as they earn them.

Programs like EWA give workers more financial control without having to rely on high-interest loans or credit cards. This added flexibility can significantly reduce stress, boost morale, and even increase job productivity and satisfaction.

EWA isn’t just a great perk for employees…

But EWA isn’t just a great perk for employees—it also offers tangible benefits for employers. Offering EWA is a low-risk, high-reward way to show employees their value. By fostering emotional and financial well-being, businesses with EWA have an easier time recruiting and retaining top talent.

Research shows that employees who feel financially secure are less likely to miss work or leave their jobs for another opportunity. Plus, with EWA integrated into your payroll system, employers can offer this benefit without complicated systems or added overhead.

At Fingercheck, we want to simplify payroll for all. We understand the importance of offering solutions that meet both the financial needs of your workers and the operational needs of your business. Our end-to-end payroll system streamlines the entire process, so you can stay compliant and efficient in just a few clicks.

With EWA (or as we like to call it Pay On-Demand), you’re not just providing a no-cost benefit—you’re committing to the long-term success of your business. Adding Pay On-Demand is as easy as flipping a switch, so let us help you stay ahead of the curve and make your workplace even more attractive to top talent.

Ready to offer your employees earned wage access?

By adopting Pay On-Demand, you create a more supportive, productive workplace for your employees, while benefiting your bottom line. Plus, with features like PayCards and Next Day Pay, you can offer your team even more financial freedom. If you’re ready to enhance your payroll offerings and give your employees the flexibility they deserve, talk to the Fingercheck team today.