Time Clock and Withdrawal: Clair and Workwell Technologies ™ Partner to Launch Time Clock That Pays You Instantly | Business
NEW YORK – (BUSINESS WIRE) – Sep 28, 2021–
Time and attendance management technology has transformed the traditional parking meter into an all-in-one business solution. With biometric technology to curb punching buddies and cloud-based software that automates labor-intensive employee timing and management tasks, time attendance clocks do more than just track time.
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Clair and Workwell Technologies ™ Partner to Launch Time Clock That Pays You Instantly (Photo: Business Wire)
Clair, a New York-based financial technology company, announced a partnership with Workwell Technologies ™ to provide employees with on-demand access to their payroll through uAttend, Workwell’s cloud-connected time and attendance system.
Integration with Clair’s Payday Wallet is a game-changer for time systems, and soon any employee will be able to access their daily wages directly from the digital clock where they clock in and out of work.
“We are proud to be one of the first partners to integrate Clair’s technology directly into our time clock clocks,” said Cristal Redman, vice president of product development at Workwell Technologies. “We are constantly evolving our services to provide our clients with the most advanced employee management capabilities available. This partnership with Clair allows us to offer an advantage and added value essential to small businesses and their employees seeking greater financial stability.
The industry’s transition to on-demand pay is accelerating. Within five years, pay-on-demand is expected to become the norm. A study by Ernst and Young reveals that globally, 80% of workers want to use solutions that give them access to wages already earned before their traditional wages.
Nico Simko, co-founder and CEO of Clair, said: “When workers have access to their on-demand income, critical employer KPIs increase. We’re seeing a 34% reduction in absenteeism, a 40% reduction in staff turnover and an 86% increase in job performance, not to mention an increase in financial well-being, which Clair believes that all the world deserves.
After a year of COVID-19 disrupting people’s lives, it’s no surprise that finances are the number one cause of employee stress. Almost three-quarters of workers suggest they would be attracted to employers who care more about their financial well-being. By partnering with Clair, Workwell Technologies aims to help their employers meet this need.
Workwell ™ Technologies will integrate Clair’s Payday Wallet into its uAttend cloud-based time and attendance system, which includes parking meters, cloud accounts and mobile apps to enable employees to access paydays on demand.
“These are exciting times for uAttend customers. Our customers tell us that employee well-being is one of their top priorities, and this new feature is just one more step in our commitment to provide the best time and attendance management capabilities to businesses. Redman added.
When employees access their Payday Wallet through the Workwell integration, they immediately receive a number of other financial tools and services from Clair. Employees who set up their Payday Wallet will receive a Clair Debit Mastercard® with free withdrawals at over 40,000 ATMs in the United States. Employees will also have access to virtual payment options such as Google Pay, Apple Pay, and Samsung Pay, as well as free domestic ACH transfers.
“We have seen that technology has the ability to democratize access to information, products and services, making systems more efficient while removing friction. With this partnership, we aim to do the same for the HR technology industry so that businesses and employees benefit, ”said Simko.
For more information, visit getclair.com.
About Workwell Technologies ™
Workwell Technologies is the leading provider of cloud-based time and attendance solutions for small and large businesses. Workwell Technologies provides affordable clock and cloud software systems that automate time-consuming timing processes and streamline employee management. For more information, visit workwelltech.com.
About Clair
Clair is a New York-based financial technology company that breaks the paycheck cycle by bringing the fastest free pay days to working Americans. Clair’s Payday Wallet seamlessly integrates with human capital management and workforce management platforms and improves the overall employee experience. For more information, visit getclair.com.
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KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT ELECTRONIC CONSUMER SMALL BUSINESS TECHNOLOGY OTHER COMMUNICATIONS PUBLIC RELATIONS / INVESTOR RELATIONS OTHER PROFESSIONAL SERVICES COMMUNICATIONS HUMAN RESOURCES FINANCE OTHER TECHNOLOGIES CONSULTING
SOURCE: Claire
Copyright Business Wire 2021.
PUB: 09/28/2021 09:03 / DISC: 09/28/2021 09:03
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Copyright Business Wire 2021.
