Instant Payroll news and trends

Instant Payroll Could Cut Costly Employee Turnover

September 24, 2024
Companies offering instant payroll can improve financial well-being, boost retention and foster strong employee relationships.

Related Trends

DailyPay Visa card
DailyPay Rebrands Card as Workers Seek On-Demand Pay
Payroll // September 09, 2024

Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and come with added capabilities to the company’s suite of money movement services. The card “will...

Paycom Launches Solution for Implementing Daily Payrolls
Payroll // August 01, 2023

Paycom Software has launched a product that helps employers and employees implement and use daily payrolls. The new Everyday product allows users to get paid on a daily basis without paying a costly fee, the company said in a Tuesday (Aug. 1) press release. The new solution also ensures...

Branch Launches Instant Payroll Solution for Workers
Payroll // July 20, 2023

Workforce payments platform Branch announced the launch of Branch Direct, an online instant payment solution that allows companies to pay workers directly to an existing bank account. Commenting on the news, Branch CEO Atif Siddiqi said more companies are making it easier for employees to...

The Clearing House - Real-Time Payments Tracker: The Rise of Instant Payroll Payments in 2023 - January 2023 - Traditional payroll practices can lead to late payments to employees. Learn how employers can help workers avoid financial hardship caused by late payroll payments by offering real-time earned wage access
PYMNTS Intelligence: Workplaces Begin to Offer Instant Payroll in Limited Capacities
Faster Payments // January 31, 2023

Payroll delay is rampant among the American workforce, especially gig workers. Studies have found that 74% of freelance workers have not received their pay on time, with 20% receiving pay one day late and 16% reporting they are regularly not getting paid for up to...

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The Clearing House - Real-Time Payments Tracker: The Rise of Instant Payroll Payments in 2023 - January 2023 - Traditional payroll practices can lead to late payments to employees. Learn how employers can help workers avoid financial hardship caused by late payroll payments by offering real-time earned wage access
Real-Time Payroll Helps Struggling Workers Avoid Payday Loans

January 27, 2023
Sixty-three percent of Americans were living paycheck to paycheck as of November, up from 60% the month prior, according to a recent report. Low wages do not entirely explain this growth, as 47% of those earning more than six figures per year also reported living paycheck to paycheck, up from 43% in October. The inability […]

Quick Reads
DailyPay Visa card
DailyPay Rebrands Card as Workers Seek On-Demand Pay

September 09, 2024
Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and come with added capabilities to the company’s suite of money movement services. The card “will remain a general purpose reloadable (GPR) card with an app […]

Paycom Launches Solution for Implementing Daily Payrolls

August 01, 2023
Paycom Software has launched a product that helps employers and employees implement and use daily payrolls. The new Everyday product allows users to get paid on a daily basis without paying a costly...

Branch Launches Instant Payroll Solution for Workers

July 20, 2023
Workforce payments platform Branch announced the launch of Branch Direct, an online instant payment solution that allows companies to pay workers directly to an existing bank account. Commenting on the...