The Rise of Instant Payroll Payments in 2023

Real-Time Payroll Helps Struggling Workers Avoid Payday Loans Almost two-thirds of Americans live paycheck to paycheck, with potential for financial ruin if an unexpected expense occurs outside the traditional pay period. In this month’s “Real-Time Payments Tracker®,” a collaboration with The Clearing House, Oglebay’s Karen Hess tells PYMNTS how offering real-time payroll to the resort’s employees helps bridge financial gaps and boosts retention.
Inside the January Tracker
  • Karen Hess, vice president of human resources at Oglebay, explains how instant payroll has significantly improved the resort’s employees’ quality of life
  • Why seven out of 10 middle-market companies are offering instant payroll to some employees, and another 24% are planning to implement it in the near future
  • The EU’s recent proposal forcing banks to provide 24/7 free instant payments, and the banks’ concerns about the high cost of doing so

    First Name*

    Last Name*

    Title*

    Country*

    Company*

    Work Email*

    BY COMPLETING THIS FORM, I HAVE READ AND ACKNOWLEDGED THE TERMS AND CONDITIONS AND AGREE THAT PYMNTS.COM MAY CONTACT ME AT THE EMAIL ADDRESS ABOVE.

    The Clearing House Real-Time Payments Tracker Series