Business Payments Blog

Retaining hourly workers can be a problem but never more so than the past few months, when the sheer turnover rate has made it clear that employers need more financial tools to keep workers happy. Higher pay and signing bonuses are nice-to-have perks, but it’s also imperative that employers embrace what hourly workers are saying — they want to have more control over how and when they are paid.

According to a recent Netspend survey of nearly 2,000 hourly workers, 77% said they want faster access to earned wages1, and 37% indicated they were willing to switch employers for the benefit of early wage access.

If you’re among the many employers who are looking for new ways to stand out in an increasingly difficult employment market, you’ve probably heard that raising wages alone isn’t enough to compete for hourly workers.

If you employ hourly workers, chances are you’ve been facing major recruiting challenges for some time.

Employers across the United States are working in earnest to rebuild workforces as the demand for services increases across a wide variety of industries.