From the ongoing effects of the COVID pandemic, unemployment premium payments and competing with the “gig economy”, the quick service restaurant industry continues to face crucial labor shortages on top of high employee turnover rates. Owners and managers are seeking new ways to attract and retain staff through company culture and employee benefits. The rise of earned wage access as an employee benefit has created such rippling industry effects as a 48% reduction in employee turnover and 74% reduction in absenteeism!
In this webinar, we take a deeper dive into the staffing crisis in the fast-food industry, what earned wage access (on-demand pay) models look like with Tapcheck and how earned wage access helps QSRs improve retention, recruitment and employee financial wellness in our current times and beyond.