Money Mobility Tracker®: Pay Without Delay: How Faster Payroll Improves Employee-Employer Relationships

Instant Payroll Could Be Key to Cutting Costly Employee Turnover

Money Mobility Tracker®: Pay Without Delay: How Faster Payroll Improves Employee-Employer Relationships

Delayed payroll is driving employee dissatisfaction and weakening loyalty, especially as many workers live paycheck to paycheck. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explores how companies offering instant payroll and earned wage access can improve financial well-being, boost retention and foster stronger employee relationships.

Inside the September Tracker

  • Slow payroll is a perennial struggle for workers, and faster-pay alternatives like payday loans often bring greater financial troubles.
  • Gig workers, freelancers and employees are all clamoring for instant payroll to avoid the financial hardship often caused by traditional pay periods.
  • Instant payroll can enhance the relationship among gig workers, contractors and employers by addressing one of the most critical aspects of the gig economy: timely compensation.

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