Using On-Demand Pay Responsibly To Improve Financial Wellness
Giving employees access to their earned pay when they need it provides them with the benefit of financial visibility and control, empowering them to better manage their finances. Employers providing on-demand pay are also seeing benefits like increased retention. But how does on-demand pay impact employees’ ability to stay disciplined regarding money management?
Join Bob Ferlmann (Chief Financial Officer, Vonachen Group), Bob Kane (Chief Operating Officer, AmeriBest Home Care), Kristin Fogle (National Director, People, Juniper Communities), Richard Klepacz (Director of US Consumer Prepaid, Visa), and Pete Tiliakos (Principal Analyst & Advisor, Founder of GxT Advisors) as they reveal insights around how often employees access their earned pay before payday, what they actually buy with early access to their pay and whether or not it really increases employee financial wellness.
The team will provide insights covering:
- Concerns about responsible use prior to deploying on-demand pay
- The factors that indicated it was a healthy benefit for employees
- How employees actually use their on-demand pay benefit
- The surprises related to responsible use that came from deploying on-demand pay
- How consumers are spending today
Relevant Government Agencies
Intelligence Agencies, DOD & Military, Other Federal Agencies, Judicial Branch Agencies, State Government, County Government, City Government, Municipal Government, Federal Government, State & Local Government
Event Type
On-Demand Webcast
This event has no exhibitor/sponsor opportunities
Cost
Complimentary: $ 0.00
Website
Click here to visit event website
Organizer
DailyPay
