Earned Wage Access

Boost employee financial wellbeing with Earned Wage Access.
When employees are experiencing financial stress, it affects more than just their personal lives. It affects their ability to focus on work. Productivity wanes, engagement falters, and retention becomes a challenge. By offering Earned Wage Access (EWA) you can remain competitive and boost employee financial wellness.

What is Earned Wage Access?

EWA gives your employees access to funds they've already earned, but have not yet been paid due to the traditional pay cycle (e.g. bi-weekly or monthly). With EWA, they’re free to access a percentage of the wages they’ve already earned whenever they want.

Reduce Employee Turnover with an On-Demand Benefit

Express Data Systems allows your employees to instantly access their earned wages on-demand through our seamless integration with ZayZoon. This voluntary benefit reduces employee financial stress related to cash flow shortfall between paychecks and it is available to employers at no cost. ZayZoon eliminates the administrative burden of offering pay advances and can be activated in as little as 30 minutes. Best of all, ZayZoon takes on all the risk and liability so you don’t have to.

EWA improves workplace productivity, retention and recruitment by giving employees access to their earned wages in advance of payday.

How Employers Benefit:

Reduce Employee Turnover by 29%: When financial stress is alleviated, employees are more likely to stick around for the long haul, fostering a positive workplace culture.
Get 2x More Job Applicants: Offering Earned Wage Access sets you apart as an employer that truly cares about its employees’ financial health, making your company a magnet for talent.
Reduce Absenteeism by 8 Hours per Employee per Month: Financial worries often lead to absenteeism as employees grapple with personal financial issues. By providing access to earned wages when they need them most, you’re empowering your team to show up and perform at their best, day in and day out.

Panacea Payroll Takes the Hassle Out of HR!

Call Panacea Payroll today at 610-310-7615 or complete our short form to schedule an introductory meeting and find out how Panacea can make your life easier!

Reducing financial stress w/ ZayZoon from ZayZoon on Vimeo.

Panacea Payroll

3277 West Ridge Pike
Suite A101
Pottstown, Pennsylvania 19464

610-310-7615

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