Hastee Blog

Foosball tables. Beer on tap. Free kombucha. Earnings on Demand (EOD)

Well if Earned Wage Access, isnโ€™t a benefit then what is it?

Itโ€™s the future. In its simplest form, most people are paid fortnightly or monthly (mostly the latter here in the UK) and we are removing this barrier, allowing workers to access a portion of their earned wage, when they need it. Earned Wage Access (EWA) helps employers do right by their employees, build goodwill, and achieve long-term financial health together.

Why you should care?

In the US, EWA has become a movement and itโ€™s unsurprising that major and forward-thinking organisations such as Uber, Walmart, PWC, Walgreens, PayPal, Burger King and many more, have adopted EWA to give their staff access to something that they really need. EWA doesnโ€™t stop in the US but is taking the world by storm. Donโ€™t just take our word for it, check out the global movement here.

What about in the UK and Europe?

Donโ€™t fret. Weโ€™ve spent the past 3 years building the most wiz-bang EWA solution for workers and organisations alike. Allowing workers to access up to 50% of their earnings and partnering with the best of the best in financial wellbeing. Weโ€™ve also recently agreed to acquire Typs, aย leading Spanish Earningsย onย Demand company,ย and with that,ย expanding our ability to support people and organisations across Europe;ย fromย SMEs withย employees only in one location to multi-national enterprises whoseย workforce is spread around the world.

How and why you should jump on board the EWA train?

The need forย tools to improve peoplesโ€™ financial healthย isย moreย criticalย than ever, with theย troublingย underlying trendย of employees experiencingย increasing financial stress are beingย furtherย compounded for many, by the effects of COVID-19.

Flick us a message at sales@hastee.com , itโ€™ll be the best thing you do today to help your people.

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