Cost of Living | 3 reasons why Earned Wage Access is a must for attracting staff this Christmas.

While we’re slightly reluctant to say it in November, Christmas is just around the corner. This time of year brings festive cheer in the form of many additional job opportunities for deskless staff, particularly in retail and hospitality. Yet it also brings increased financial pressures – now more so than ever, as households across the UK worry about rising interest rates and spiralling energy costs.

As workers seek new and seasonal roles to help ease some of the financial burden, it makes sense that companies offering higher salaries will be the ones inundated with job applications.

However, there’s now another financial benefit that organisations can utilise to attract staff: Earned Wage Access (EWA).

What is Earned Wage Access?

Earned Wage Access gives employees the ability to withdraw some of the money earned from shifts that they have already completed, ahead of pay day.
Using a system like Mysaly, which is supported by Quinyx, employees can access the service via an app on their phone, transferring their wages to their bank account at the touch of a button – this can be as early as the minute they’ve finished their shift.