With Tapcheck, Deputy Extends Tools to Attract and Retain Front-Line Staff
Tapcheck, an innovative fintech platform focused on improving employee financial wellness, and Deputy, the award-winning scheduling and timekeeping software platform, announced their partnership to add Tapcheck’s financial wellness benefit for customers’ employees with Deputy integration support. With the integration of Tapcheck, Deputy’s US-based customers can now offer on-demand pay so their employees can easily access their earned wages ahead of payday.
“A simple solution that aids workers on their journey to financial security, Tapcheck boosts and diversifies the value of Deputy’s offerings”
“Staff shortages and walk-out rates are serious threats for businesses – employers now need every edge to recruit and retain their staff,” said Derek Jones, Head of Partnerships, North America at Deputy. “Financial wellness benefits are becoming one of the most sought-after offerings to attract and support a talented workforce. That’s why we are excited to partner with Tapcheck. Now, our customers and their employees have the opportunity to easily take their individual financial wellness into their own hands.”
HR Technology News: Achievers Announces the New Achievers Employee Experience Platform to Increase Belonging at Work
With a fast setup and no cost to implement for employers, Tapcheck easily integrates into Deputy’s platform and is hands-off post-integration. From onboarding to client support, Tapcheck ensures Deputy customers get the help they need to exercise the financial flexibility that Tapcheck provides. According to Visa, employers offering the earned wage access benefit see on average a 2x increase in applicants and 50% reduction in employee turnover.
For employees, Tapcheck’s is available 24/7 to access their earned wages ahead of payday. Through the Tapcheck app, employees can choose to get paid instantly or the next day. In addition to its on-demand pay solution, Tapcheck users also get free access to self-paced financial education courses, calculators and resources to guide workers to fulfill various financial goals from saving for a child’s education to purchasing a home.
HR Technology News: Paychex Fall ‘21 Product Launch Helps Businesses Navigate New Employment Landscape
“A simple solution that aids workers on their journey to financial security, Tapcheck boosts and diversifies the value of Deputy’s offerings,” said Ron Gaver, Tapcheck Co-founder and CEO. “As Tapcheck@ is now available to Deputy customers, we’re excited to help businesses not only better support their employees, but show that employee financial wellness drives business productivity.”