Pay cycles can be challenging for employees if their bills don’t align with payday. FinFit’s WageNow gives employees access to the wages they’ve earned – when they need it.
WageNow is Available to Full-Time, Part-Time and Salaried Employees.
Employees can control their today, tomorrow and future. Early wage access will ultimately enable them to be more focused and productive when they’re on YOUR clock.
Effortless and Resource-Free
WageNow is fully funded and managed by the FinFit team. What does this mean for employers?
No benefit administration
Eliminates the need for employer payroll advances
No work required to activate WageNow
No set-up fee
Reduce Employee Financial Stress
Affordable alternative to high-interest loans
Helps to eliminate expensive bank overdraft fees
With early wage access, employees can request up to 50% of the wages they’ve earned before payday
Early wage access is a benefit employees are asking for –
improve financial wellness, retain good employees and recruit top talent!
Early wage access has gained significant traction as a benefit employers can offer to their employees
Early wage access providers typically charge employees a subscription fee, a flat rate per transaction or a percentage of the funds requested (as illustrated in this article). WageNow is offered at no charge to employees to help them manage their cash flow and achieve financial health. By offering free access to their earned wages, we enable employees to control their paycheck.
Employees want the ability to choose when they get paid. They have the flexibility to control their paycheck through WageNow. Early wage access is one of many services included in FinFit’s suite of financial wellness tools and resources. Access to earned income does not replace the need to establish healthy spending, saving and planning behaviors. Financial wellness at its core is about empowering employees to make smart financial decisions that improve their overall well-being.