Getting and keeping the best workers is currently a challenge facing companies across all industries. But, there’s a benefit that they can offer to not only position them as an employer of choice but also to help workers in these uncertain economic times. According to a new survey of human resources and finance executives by CloudPay, 97% said earned wage access—also known as on-demand pay—would be a welcome benefit for workers of all kinds, including salaried, hourly, and contractors.

CloudPay’s survey offers insights into who is most likely to use
on-demand pay and how often, plus the key considerations for companies who want to implement this benefit:

• The biggest payroll operations issues companies are facing
• How global rising costs are impacting the financial needs of employees
• The advantages of offering an earned-wage access benefit to employees