Tag: earned wage access

Putting Earned Wage Access in its Place: A Guide for Employers

In December 2023, the Consumer Financial Protection Bureau (CFPB) announced plans to outline how consumer lending laws interact with earned wage access (EWA) programs. These programs have grown in popularity as a solution for employees living paycheck to paycheck, offering early access to earned wages and, in theory, helping to dodge financial penalties like late […]

Faces of HR: Chelsea Searan on Using an HR Lens to Better Your Organization

Meet Chelsea Searan, Human Resources Lead at Instant Financial, a free platform that allows businesses to offer employees earned wage access. Through Instant, employees have free real-time access to the money they have earned but have yet to be compensated for. Before joining the organization, Searan served as HR Manager at a third-party logistics company. […]

Earned Wage Access: A Responsible Solution to Boost Employee Health and Retention

Over the past few years our world has turned upside down, affecting all industries, and Human Resources is no exception. Health insurance, a 401K and a little extra time off are no longer sufficient benefits to attract and retain talent. As trends evolve and Gen Z continues to join the workforce, employees are demanding enhanced […]