Bloomberg Tax
March 22, 2021, 8:31 PM

Teamwork Is Key for Smooth On-Demand Pay Implementation

Jazlyn Williams
Jazlyn Williams

Implementing an earned-wage access program may help employees struggling financially because of the coronavirus outbreak, payroll professionals said March 16. Employers seeking to offer an earned-wage access program, also known as on-demand pay, as an employee benefit must ensure that a selected vendor is able to meet a variety of requirements.

Several pandemic-related relief measures soon may end that allow payment deferrals for rent and other expenses, and many consumers anticipate that they will struggle to make bill payments on time, said Sarah Grotta, director of debit and alternative products for Mercator Advisory Group.

In a survey of workers earning ...

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