Employers could say they run the business, but can they say the same about driving it? Usually, an employer oversees operations for the most part, and makes sure their employees are doing their jobs right. That’s running the business, keeping it together. Very important, but not the same as driving it in a good direction.
The fact is, making your business grow means ensuring employees are doing their jobs right AND living a life that increases in quality during their time in the company. That’s driving your business, all the way to achieving higher revenues.
It’s a simple formula; happy employees equals productive employees, equals better revenue. But while the formula is simple, the values don’t always add up. Not all employees are happy. Most are classified as Low and Moderate Income earners, and their biggest issue is trying to live from paycheck to paycheck. This kind of living pattern brings heavy financial stress. In fact, studies show that an employee living this kind of life spends a minimum of 3 hours a work week worrying about finances! This takes a lot away from their task performance and customer interactions, pulling down the overall quality of company operations. Question is, what solution is there to solve your workers’ financial worries?
Tapcheck is a California based financial wellness company that’s giving employees access to their wages before payday. Imagine a $0 cost financial benefit that gives your employees an edge over the wage to wage lifestyle. Tapcheck uses a free to download, easy to use app of the same name to give employees on demand, 24/7 access to their wages. This helps them decrease stress and increase their productivity in the workplace. Also, because of its seamless integration to payroll programs, employers who utilize on demand earnings in their employees’ benefits can reduce turnover rates while giving their employees some valuable financial flexibility.
The goal of Tapcheck, according to Co-founder, Ron Gaver, is simple: “We want to connect with as many companies within the US and to help their employees with their financial situation.” He continues by saying “what’s interesting is the fact that employers can literally change their employees’ lives through the use of Tapcheck. Once workers know they can access their money on demand while getting financial advice- it could change their life in so many ways.”
The Tapcheck app is easy to use and understand. All there is to do is download the app, and it’ll sync with the company’s payroll software. From there, employees can access up to 70% of the wage they’ve already earned whenever they need it, for a small flat fee per request. The fund transfer is instant, and employees can keep track of every transaction via the app. Furthermore, there’s a great opportunity to learn more about financial health using the financial education tools that come with the app, courtesy of Tapcheck.
Empowering employees with this kind of financial flexibility eases their daily stress, improves productivity, makes them happier, and provides them a good reason to stay onboard. Empowered employees tend to work smarter and faster, coming up with out of the box ideas that are both creative and innovative. This also manifests in their customer interactions, where happy employees act as effective PR by being pleasant, focused, and eager to help.
Employers can see an entire transformation in their employee’s effectiveness at NO COST, just by tapping into the right benefits. The transformation isn’t just skin deep either. With better financial wellness, employees can ultimately work toward a better quality of life for themselves, propagating a positive company culture and helping their employer drive business to better revenues.
If you want to get in on the solution to driving better revenues and growing your company and employees, don’t hesitate to check in with Tapcheck for an excellent financial benefit for your company.