On-demand access to earnings helps enhance recruiting and employee satisfaction
LOS ANGELES–(BUSINESS WIRE)–In honor of National Home Care & Hospice Month this November, Tapcheck, an innovative fintech platform focused on improving employee financial wellness, is celebrating its collaborations with top home care industry players, notably Visiting Angels and Always Best Care, amongst others.
Partnering with Tapcheck provides home care companies with a cost-free way to offer their employees access to wages as they earn them. This on-demand pay offering helps enhance employees’ financial flexibility, preventing them from having to seek out payday loans or overdraft on their bank accounts to cover expenses that crop up before payday.
“People don’t realize how much employers can change employees’ lives. With Tapcheck, we have been able to help minimize some of the stress that comes with unexpected expenses,” said Paul Gach, co-owner of Visiting Angels of Charlotte, NC. “Tapcheck was a no-brainer to implement because it comes at no cost to the organization. Its key benefit was making our employees happier – having advance access to wages has really made their lives easier.”
Tapcheck’s seamless integration with payroll systems and quick set-up times make it ideal for companies of any size. Home care organizations are leveraging the solution as a cost-effective hiring and retention tool to remain competitive in an industry where high turnover rates are common.
“Offering Tapcheck’s on-demand pay solution has helped our franchisees differentiate themselves in the hiring market,” said David Caesar, Vice President, Franchise Training for Always Best Care. “Financial wellness benefits are growing in popularity, and we are excited to help our franchise owners offer this benefit to their employees.”
In addition to on-demand pay, the Tapcheck app provides workers with access to financial education courses, resources and calculators that offer guidance around reaching key financial goals, such as buying a home or paying off loans.
“The home care industry plays such a crucial part of our society, and the pandemic has only increased the efforts required of caregivers in an already challenging role,” said Ron Gaver, Tapcheck Co-founder and CEO. “This month we celebrate the efforts and perseverance of caregivers, as we continue to support home care companies and their employees on their financial wellness journeys.”
Tapcheck is a financial wellness benefit that allows employees to access their earnings before payday. Available at no cost to employers, Tapcheck uses an intuitive mobile app to give workers greater control over their finances, which reduces their stress at home and increases their productivity at work. And thanks to Tapcheck’s seamless integration with existing payroll programs, employers who incorporate on-demand earnings into their employee benefits packages find it to be a cost-effective way to distinguish their company from competitors, reduce turnover rates, and provide the financial flexibility that employees want. For more information, visit https://www.tapcheck.com and follow us on LinkedIn, Twitter, and Facebook.