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Home > Human Resources for Small Business > The Rise of Earned Wage Access with Tate Hackert
Podcast: Human Resources for Small Business
Episode:

The Rise of Earned Wage Access with Tate Hackert
Category: Business
Duration: 00:22:21
Publish Date: 2023-03-07 18:26:00
Description:

In this economy, is it really possible to balance your business’s bottom line while addressing employee financial wellness initiatives? According to Tate Hackert, President and Founder of ZayZoon, the answer is a resounding “yes.” Listen in to learn all about how business owners can retain employees during these trying times by providing Earned Wage Access, a solution for the cash flow crunch between paydays.

 

TAKEAWAYS

  • Earned Wage Access, now growing in popularity, allows employees the flexibility to access the pay that they've already earned but have not yet been paid.

  • Financial stress causes less productivity which increases the likelihood that a given employee would change jobs.

  • Employers can help increase employee financial wherewithal — through a raise, better education, or other financial perks.

  • Many small business owners already provide advances on employee paychecks, but that creates an administrative burden and an awkward relationship between the employer and employee. 

 

A QUICK GLIMPSE INTO OUR PODCAST  Podcast: Transform Your Workplace, sponsored by Xenium HR ️ Host: Brandon Laws

 In his own words: “The Transform Your Workplace podcast is your go-to source for the latest workplace trends, big ideas, and time-tested methods straight from the mouths of industry experts and respected thought-leaders.”

Contact Brandon and Xenium HR: 

Email Brandon.Laws@xeniumhr.com or connect on LinkedIn, Twitter, or Instagram.
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