Sources

Details
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10x Greater retention
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2x More job applications
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$1M+ Savings in turnover
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46% of employers noticed an increase in resignations in the past year.
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80% of full-timers say employee benefits impact their decision to stay with a company.
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86% of HR leaders say their biggest challenge is attracting talent or preventing turnover.
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21% of employees express a strong desire for on-demand pay
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84% of employers believe financial wellness tools could improve employee retention.
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92% of HR professionals agree that stress, particularly financial stress, is hurting employee engagement and productivity.
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72% of full-timers assert that employers have a responsibility to support their financial well-being.
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72% of US employees are financially stressed, negatively impacting their mental and physical health and workplace productivity.
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59% of millennials prioritize job offers with earned wage access perks.
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60% of employees say they would work harder if they were offered enhanced benefits.
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52% of employees earning under $50,000 find themselves living paycheck to paycheck.
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66% of workers at companies without on-demand pay benefits expressed interest in it.