But can we recommend your Wage Parity Benefit funds?
Much of your employees’ Wage Parity Funds regularly goes unused.
With Keeper you can provide them with the benefit they will use, enjoy and appreciate.Request a Demo
Keeper does not require payroll integration and is customized to suit your individual business needs.
9 out of 10 workers would stay longer on a job when offered Early Wage Access *
When you’re not taking advantage, somebody else is!Download Keeper Brochure
Of employees worry about money while on the job
Have less than $500 saved for emergencies
Feel that financial issues are impacting their health
* In 2019, Visa set out to better understand the opportunity and appeal of Earned Wage Access. Here is what they wrote in their summary:
“Our research shows that almost half of employees have less than $500 saved for unexpected expenses.
The lack of available funds needed to pay for necessary expenses — such as groceries, utilities or gas bills — is impacting employees’ productivity and health.
Earned Wage Access (EWA) can help relieve financial pressure by providing employees early access to their earned wages.
Offering this service as an employee benefit can help improve employee retention and engagement as a large majority (79%) of employees surveyed report they are willing to switch to an employer who provides EWA.
Given current socioeconomic trends, and as seen by the highest turnover in ten years, employees are looking for better alternatives.
Earned Wage Access can not only increase employee engagement but also impact employee productivity and health, which can ultimately help reduce costs for employers.
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