Instant Pay for Hourly Employees

Financial stress kills productivity. Because employers are often employees’ first entry point into financial services, helping your employees manage their finances can not only reduce their stress, but also increase productivity, and decrease turnover within your stores.

That’s why the Illinois Retail Merchants Association has teamed up with Branch, a mobile-first technology that helps hourly workers get ahead financially. Providing a fee-free checking account and debit card, the application allows users to budget, take instant paycheck advances, and avoid unnecessary fees. By focusing on the needs of the hourly worker, Branch also helps companies attract and retain their hourly workforce, which can in turn create better customer experiences and reduce turnover.

Branch is a mobile-first technology that helps workers grow financially. Filling the gap for low-income working Americans that are underserved, Branch provides transparent and equitable financial services. Employees that sign up with Branch can receive a zero-fee bank account, free instant access to earned wages, and budgeting tools to help them manage their cash flow between paychecks. Employers are turning to Branch to help them attract and retain the best hourly workers, offering Branch as a free voluntary financial wellness benefit to their hourly employees. They have partnered with some of the nation’s largest employers and are adding new employers daily in retail, restaurant, logistics, manufacturing, and healthcare. To learn more, please contact Andy Charles at andy.charles@centralavenueadvisors.com.