Online Payroll Platform Lets Employees Choose Their Own Pay Date
Gusto's Flexible Pay allows workers to get paid whenever they want, helping those who need last-minute cash or people simply looking to custom-manage their finances the ability to receive payment outside of a two-week schedule
Many employees are used to receiving their pay every two weeks, without a real say on choosing a different payroll schedule. To help employees have more freedom and control over their finances, HR tech company Gusto created a service called Flexible Pay.
This feature of Gusto’s platform can calculate and make all necessary payments related to taxes while paying employees outside the two-week payroll. Employers also do not have to change their current payroll schedules. Flexible Pay helps employees whenever they might need last-minute cash for unexpected expenses. Employees can set up a direct deposit on their Gusto account and choose their payday preference.
Currently, the platform is available in Texas and it is expected that other employers in different state will have access to the platform soon. Gusto’s enabling of flexible payment approaches on-demand delivery and empowers workers to manage their finances according to their own liking.
Lead image: empty wallet without money stock photo from Pormezz/Shutterstock