Earned Wage Access, a Breakdown
“intentional approach”
According to the Financial Health Network, Earned Wage Access – also known as EWA or on-demand pay – “allows employees to safely draw some or all of their earned wages before payday.”
source: jdsupra.com
Earned
/urn/ (past, verb)
Money that your employee has already worked for.
The “e” is not to be confused with “early.” We’re providing employees with money they’ve earned based on when they’ve worked those hours, without relying on the traditional bi-weekly or monthly pay schedule.