What are the benefits of earned wage access?

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What are the benefits of earned wage access?

Rounding it up

  • Earned wage access (EWA) allows employees to access money before a scheduled payday.

  • However, EWA is not a loan because employees can only access money they’ve already earned through prior work.

  • EWA is also advantageous to employers as it can save them money in the long-term.

  • That’s because early access to earned wages increases employee satisfaction and retention.

6 min read

Ryan Severance
#earned wage access#EWA#instant pay#early payroll#payroll

Ryan Severance

Ryan Severance is a professional freelance author and the owner of American Scribe LLC. With degrees in political science and socio-legal studies, he writes about business, politics, and law for clients around the world.

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