On-demand payment has become one of the big trends in the market, and it’s here to stay for good. This is because the solution proved to be in line with the public’s needs to have a flexible salary, from which its professionals can request the withdrawal of the days worked whenever they want. By knowing how to offer payment on demand in the company, its employees have better financial planning, completely linked to their respective routines.
The world changes every day. And while it is an obvious statement, many companies fail to pay attention to what these transformations are. That is why we consider it so important to read this post on how to offer payment on demand in the company !
After all, this relationship between financial well-being and people has had a profound impact on labor relations. Want an example?
Debt is one of the major causes of stress today, not to mention the reflexes of this psychological disorder in the performance of its employees.
So, let’s see just how much you should know how to offer payment on demand in the company: to warn about a wide and deep solution, in the organization, and also in the quality of life of its employees. Good reading!
What is on demand payment?
It is a payment model that offers employees the opportunity to receive their salary in the way that best suits them.
For this, the company must adopt some type of solution that allows him to receive the days already worked. This is the case, for example, with Xerpay that Xerpa recently launched.
Why choose on demand payment?
It is important to consider that payment on demand has emerged as an answer to what society in general needs. After all, financial stress has become a constant.
An example of this: in the country, the number of indebted and defaulters increased considerably , at the beginning of the year. Consequently, more people are suffering from the problems of this.
Irritability, impatience, frustration, demotivation, lack of engagement, low productivity, high turnover in the company … This all affects not only the employee’s (physical and mental) health, but the results that the company also wants.
And so, the payment on demand shows an interesting aspect to minimize these problems. Through its application, it is possible to obtain:
- the absenteeism can reduce potentially;
- the climate in the workplace is qualified based on stress reduction;
- productivity increases , as financial stress will no longer be a major problem;
- the company’s reputation is improved, thereby improving the turnover rate;
- the motivation and engagement become larger.
In other words: in addition to solving a personal issue that evolves on a daily basis, your company also absorbs more promising results – and on a tangible and intangible basis.
Thinking, now, exclusively on the side of your employee, it should be noted that the payment on demand actively contributes to financial planning immune to unforeseen events.
Even more so, when people realize that they do not tend to use this salary flexibility to make impulse purchases. On the contrary: many have already bought into the idea of using payment on demand to settle accounts before the due date. Or, for emergency purchases.
As we mentioned earlier, this makes people less dependent on these easy loans, but exorbitant interest – like overdraft .
And don’t think that we are talking, specifically, about a localized issue. On demand payment started in other countries. In the United States, for example, the trend is financial well-being and solutions focused on it.
Not surprisingly, a number of major brands, all over Brazil, are already making use of this flexible payment method, such as:
- Outback Steakhouse;
- Westgate Resorts.
In your company, do you think that payment on demand could make a difference to reduce costs and improve results – and all of this, taking the well-being of your team as a structure?
How to offer payment on demand?
For you to understand how to use payment on demand, it is worth keeping an eye on your application as a benefit. After all, it has been used as a resource for a much larger tool, such as management software.
However, it is important to find out which companies in the country have drawn up a thorough and accurate plan in the search for the financial well-being of everyone, internally.
That’s why we would like to direct your attention for a few minutes. Xerpay was launched in 2019, and has already accumulated important results.
Initially, media attention has already explored a subject that was gaining international attention. Payment on demand is definitely news that captivates with the possibility of evolving, corporately, with dynamism and more attention to people management.