At Hastee, we understand that the financial wellbeing of your employees is crucial to their overall satisfaction and productivity. That’s why we’re excited to introduce our latest feature, Weekly Salary—a powerful tool designed to help you better support your workforce by automating their pay withdrawals on a weekly or fortnightly basis.
What is Weekly Salary?
Weekly Salary is a new feature within the Hastee app that allows your employees to automatically transfer their earned money from their Hastee balance to their bank accounts on a regular schedule. By choosing either a weekly or fortnightly payment frequency, your employees can enjoy a more predictable and consistent cash flow, giving them greater financial stability and peace of mind.
How Does it Work?
The process is simple and seamless. Employees select their desired “payment frequency” within the Hastee app, and their earnings are automatically transferred from their Hastee balance to their bank account at the chosen intervals. This automation ensures that they receive their pay regularly, without the need to manually withdraw their earnings.
Is There a Cost?
Setting up the Weekly Salary feature has no additional charges beyond the standard transaction fees that apply to manual withdrawals. This means your team can enjoy the benefits of automated pay without incurring extra costs.
Flexibility and Control
We know that flexibility is key to meeting the diverse needs of your workforce. That’s why employees can easily edit, pause, skip, or delete their automated payments at any time. This control empowers them to manage their finances in a way that best suits their personal circumstances, without feeling locked into a rigid schedule.
Why It Matters for Your Business
Implementing Weekly Salary within your company offers several benefits:
1. Improved Employee Satisfaction: Regular, predictable payments can alleviate financial stress for employees, leading to higher job satisfaction and reduced turnover.
2. Enhanced Productivity: When employees feel financially secure, they’re more focused and productive, contributing positively to your business’s bottom line.
3. Streamlined Payroll Management: With Weekly Salary, employees take greater control of their earnings, reducing the administrative burden on your payroll department and allowing for smoother operations.
4. Attractive Perk: Offering Weekly Salary can enhance your company’s benefits package, making your organisation more attractive to top talent in a competitive job market.
👉 Ready to take the next step? Reach out at hello@hastee.com to learn more about how Weekly Salary and our other offerings can benefit your company and your employees today.
