Atlantic Cost Reduction – Branch
Branch Pay provides real-time earnings technology that gives your hourly employees instant access to their earned wages, helping to alleviate stress, increase engagement and ultimately decrease employee turnover.
Instant Pay is a company-sponsored third-party employee benefit program designed specifically for the hourly worker resulting in significant cost savings by reducing both turnover and absenteeism. Employers also see a significant increase in number of job applicants when referenced in their hiring campaigns.
ZERO COST – ZERO RISK – ZERO INTEGRATION
- Employees Want it -74% of hourly workers surveyed said they would use our mobile same-day pay feature for instant access to their earnings.
- Jobseekers are 250% more likely to apply to a company that offers same-day pay over one that doesn’t.
- Employees are 40% more likely to cover a shift if they get same-day pay. Among companies that offer it, same-day pay decreases turnover by 13%, absenteeism by 18% and increases sales revenue by 8% on average.
- Zero technology integration is required. Employees pay $3.99 per transaction, when they opt to use it.