Study Shows Interest in Earned Wage Access for Workers, Employers

A study conducted by ADP, Inc. shows strong interest for earned wage access among employers and workers of all age groups, income levels, and educational levels, said an ADP, Inc. executive on June 22.

The study surveyed 600 businesses and over 1,000 workers in January 2022, said George Mavrantzas, ADP’s vice president of strategy and thought leadership, speaking at the American Payroll Association’s 2022 Virtual Congress.

Employer Trends

Most employers expressed interest in earned wage access, Mavrantzas said. In the study, 90% of employers said they are at least somewhat aware of flexible pay options, and 55% of employers offer ...