In recent years, a significant shift has been observed in how people receive their pay. Traditional payroll cycles with bi-weekly or monthly payments are giving way to a new trend known as on-demand pay or earned wage access. This transformative concept enables...
The cost of living has tremendously increased. With the current inflation level of 6.4%, many people struggle to make ends meet. Payroll errors can mean a further squeeze on their disposable income. The American Payroll Association (APA) recently...
According to a press release from the FDIC, Friday, March 10, 2023, “Silicon Valley Bank, Santa Clara, California, was closed by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as...
Are you frustrated with your current payroll provider? Maybe your workers’ paychecks were late again. Or compliance with the Affordable Care Act (ACA) and payroll tax legislation has been a headache?Whatever the reason, if your payroll provider no longer...
In the competition for talent, getting benefits right is a top priority for employers. Across multiple employee surveys, year after year, workers rate health care as the most important benefit after compensation. For many HR departments, the last quarter on the...
Earned wage access has become a popular benefit among employees. While it offers financial flexibility to both salaried and hourly workers, it is particularly in demand for hourly workers. When financial stress in the workforce is high, earned wage access can provide...
