Is Earned Wage Access the Way of The Future? 5 Tips for Employers Seeking to Attract and Retain Talent Through On-Demand Pay

To combat a tight job market and a seemingly shrinking workforce, employers are looking for creative ways to retain and attract talent. An Earned Wage Access policy – a revolutionary employee benefit program that offers employees almost instant access to their pay – might just be what gives companies the edge. Companies using these benefit programs experienced 19% lower turnover rates. Fisher Phillips attorneys Kathleen McLeod Caminiti and Jamie Gross provide their insights on how businesses in many states are dealing onerous employment laws, and what employers need to know about earned wage access to implement a program successfully.