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ReadyPay Today: On-Demand Pay

Watch this video for a deep dive into ReadyPay Today and see how Proliant’s solution for on-demand pay (early access to earned wages) will revolutionize how you pay your employees.

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What is on-demand pay?

On-demand pay, also known as earned wage access or early access to earned wages, gives employees the ability to access their earned wages before payday. It works by pairing the financial technology of the on-demand pay solution with a company’s HR technology. The technology incorporates an app integrated with payroll where employees can gain access to their earned wages whenever they need it. Earned wages are typically deposited via pay cards or directly into an employee’s bank account.

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ReadyPay Today is a flexible on-demand pay solution that will impress.

ReadyPay Today is a culmination of decades of payroll knowledge and innovation, resulting in an on-demand pay solution that will be the standard in the industry and can be offered as a perk to your hourly and salary employees. Here are some of the great features that come with ReadyPay Today:

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  • Advances show up on pay stubs much like a traditional advance
  • Available to hourly and salaried employees
  • Daily limit thresholds on daily payments to manage cash flow
  • Flexibility and easy implementation
  • Mobile employee access to paychecks to get funds when needed
  • Many payment card options (ReadyPay Today does not require the use of a proprietary card for payouts)
  • Choose to make daily pay perks voluntary or mandatory 
  • No deductions or enrollment fees
  • Manage tip and mileage payouts
  • 100% compliant with the IRS
  • Integrates with payroll software (It’s all connected with the Proliant system)

How does ReadyPay Today on-demand pay benefit businesses?

Better Recruitment and Loyalty

Employees who are more empowered financially tend to be happier and stay longer, saving you hundreds of hours in recruitment, training, and HR processing time.

Reduce Absenteeism

Immediate access to earned wages incentivizes punctuality and eliminates absenteeism because employees receive direct payment for work done.

Decrease employee turnover by 40%

Improve recruitment results by 30%

Why do employees want on-demand pay?

Many employees in the United States are living paycheck to paycheck. These employees often need early access to their earned wages to cover emergency expenses. 

Kids get sick. People get injured. Life happens. On-demand pay ensures employees can get the financial coverage they need if something were to happen, providing a greater sense of financial security. 

64% of American adults are living paycheck to paycheck.


(CNBC)

Two-thirds of Americans can’t afford an unexpected $1,000 expense.


(Associated Press)