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Earned Wage Access has started a new and much-needed conversation on the importance of supporting employees through on-demand pay. It has also created a new lexicon for discussing employee dignity and financial wellness. We’ve created an easy-to-follow Glossary to outline these terms in the following section.
Book 2: INVENTION
Getting paid every 2 weeks is actually hurting millions of workers across the country. In fact, consumers pay $8 billion in overdraft fees each year and the number is only going up. Earned Wage Access takes advantage of technology to help workers access their money, as they earn it, to transform their personal finance journey.