Help your workforce reduce financial stress with early access to their wages
Instant is modernizing earned wage access for hourly workers and their employers. We provide earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards, along with financial wellness services—giving frontline workers control over how and when they get paid.
Instant is modernizing earned wage access for hourly workers and their employers. We provide earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards, along with financial wellness services—giving frontline workers control over how and when they get paid.
Features and Benefits
Instant Financial Wellness Platform
With 65% of Americans living paycheck to paycheck*, access to free or low cost financial wellness tools is an important benefit to help employees achieve financial independence.
Instant has partnered with5 unique, best-in-class financial wellness product providers to offer tools that promote saving, build credit, and enhance financial health and well-being.
*CNBC, Gill Malinsky: April 9, 2024 "More Americans say they are living paycheck to paycheck this year than in 2023—here’s why". www.cnbc.com/2024/04/09/most-of-americans-are-living-paycheck-to-paycheck-heres-why.html
Improved Engagement and Absenteeism
By offering the Instant Pay benefit, employers show that they care about their employees’ financial well-being because with flexible access to earnings, employees can improve their financial stability by being able to cover unexpected expenses, pay their bills on time, and avoid high-cost financing options like overdrafts, credit cards, and payday loans. As a result, employees are less stressed, more loyal and engaged at work. They tend to stay with the company longer and are motivated to pick up extra shifts knowing that they can get paid instantly.
Simple and Compliant
Instant works alongside existing human capital management, payroll and time and attendance solutions. Instant is compliant with wage and hour laws in all 50 states.
The services are provided by an independent third party and not provided by ADP and ADP is not responsible for such third party’s products or services.
