Post by Rain
53,676 followers
Financial stress is the turnover driver most employers aren't measuring. Not bad management. Not lack of growth. Financial stress. Employees who can't cover rent before payday take second jobs. They miss shifts. They disengage. And eventually they leave, often before their employer ever connects the dots. The data makes the cost hard to ignore. Employees spend an average of 3.3 hours per week dealing with personal finances at work. That's an 8% productivity loss. 56.6% say they'd stay longer if their employer offered faster access to pay. Nearly 1 in 4 have missed work or arrived late because of financial stress. The fix isn't a raise. It's removing the gap between when employees earn their wages and when they can actually use them. That's what earned wage access does. And it costs employers nothing. See how Rain works for employers. https://lnkd.in/etTvH8Mu #EarnedWageAccess #EmployeeRetention #HRLeaders #WorkforceFinancialHealth #FrontlineWorkers