A new mobile app that gives senior housing and care employees early access to their earned pay could lead to less stressed workers and improved recruiting and retention for operators, cloud-based human capital management software company OnShift says.
Through OnShift Wallet, employers can grant workers access to up to 50% of their earned but unpaid wages, up to $500 per pay period.
Employees will pay a $5 fee to obtain their funds immediately, and there is no extra cost for employers to offer the service. OnShift Wallet funds the transferred wages to an employee between paychecks and automatically deducts that amount from the employee’s bank account on the scheduled payday.
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