Rain Signs Partnership Agreement With Workday, Allowing Employees To Access A Portion Of Their Earned Wages Before Their Regular Payday
Rain Signs Partnership Agreement With Workday, Allowing Employees To Access A Portion Of Their Earned Wages Before Their Regular Payday
Rain, an employer-sponsored platform providing earned wage access (EWA) and other financial wellness services, today announced a signed partnership agreement with Workday, Inc. (NASDAQ:WDAY), a leading provider of solutions to help organizations manage their people and money.
Rain是一個僱主贊助的平台,提供賺取工資提前訪問(EWA)和其他財務健康服務,今天宣佈與Workday公司(納斯達克:WDAY)簽訂了合作伙伴協議,Workday是一家領先的解決方案提供商,幫助組織管理人員和財務。
Rain's EWA program allows employees to access a portion of their earned wages before their regular payday, providing them with financial flexibility and helping them avoid high-interest loans and overdraft fees.
Rain的EWA計劃允許員工在常規發薪日之前訪問部分已賺取的工資,爲他們提供財務靈活性,幫助他們避免高利息貸款和透支費用。
Employees who used Rain in 2023 are estimated to have saved a total of $51 million by avoiding overdraft fees and the interest associated with payday loans. Customers that offer EWA to their employees with Rain have seen up to 2x more job applications and have reported a 49% increase in retention after eight months on average.
預計2023年使用Rain的員工通過避免透支費用和與發薪貸款相關的利息共節省了5100萬美元。向員工提供Rain的EWA的客戶經歷了多達2倍的求職申請,並且平均8個月後保留率增加了49%。