Reported 1 day ago
Amid financial pressures, U.S. workers are increasingly demanding faster payment for their wages, especially gig workers like Uber and Lyft drivers. A survey found 86% of employees prefer same-day payments, up from 70% two years ago. Companies such as Amazon, Walmart, and Hilton are starting to accommodate these requests, recognizing that faster payments can enhance employee satisfaction and retention. However, adjusting payment systems poses challenges for some employers, particularly regarding cash flow management and employee financial literacy.
Source: YAHOO