Providing Earned Wage Access (EWA) is increasingly proving to be a game-changing benefit for organisations and their employees. By empowering your workforce with the ability to access a portion of their earned wages before payday, you offer not only financial flexibility but also drive measurable positive outcomes for your business in the long term. 

Here’s a closer look at the key benefits of implementing Earned Wage Access and how it can impact your workforce and operations. 

1. Reduced Staff Turnover, By 50% 

Retention is critical in today’s competitive job market. High staff turnover can be costly, both financially and operationally. Offering Earned Wage Access demonstrates that your organisation values its employees' financial well-being, making your business a more attractive and sustainable workplace. By proactively addressing financial stress, Earned Wage Access has been shown to reduce staff turnover by up to 50%, saving you the expenses related to recruitment, onboarding, and training. 

2. Fewer Unfilled Shifts, By 62% 

A workforce that feels supported is more likely to want to take on extra shifts when scheduling gaps arise. Earned Wage Access provides employees with greater incentive and peace of mind, encouraging them to take on additional shifts without the financial pressure of waiting until payday. With a proven 62% reduction in unfilled shifts, your operations run more smoothly, ensuring productivity and consistency in services. 

3. Lower Absenteeism, By 13% 

Frequent absenteeism can sideline productivity and morale within a team. Earned Wage Access helps reduce this by giving employees greater financial control, allowing them to manage unforeseen expenses that might otherwise lead to taking unplanned days off. Studies show a 13% reduction in absenteeism, fostering a more reliable and steady workforce. 

Why Earned Wage Access Matters to Your Organisation 

Implementing Earned Wage Access is about more than providing quicker wage access on an individual level—it’s about creating a workplace culture that prioritises financial wellness and employee satisfaction. This modern benefit goes beyond improving productivity; it strengthens trust, loyalty, and engagement among your staff. 

When employees feel valued and supported, their commitment grows, ultimately translating to stronger business outcomes. Reduced turnover, fewer unfilled shifts, and improved attendance signify a workforce that is not only physically present but engaged and motivated.