Many small business owners are looking for creative ways to attract and retain talent in a competitive market, and a modern approach to payday may be the answer. This episode provides essential financial advice on Earned Wage Access (EWA), a benefit that allows employees to access a portion of their earned wages before their official payday, which is becoming popular in high-turnover industries like restaurants and manufacturing. We delve into how EWA systems work on the backend, the minimal associated costs for employees, and how this service, often offered through accounting services providers, can be an effective, low-effort tool for employers to boost employee well-being and recruitment without complicating payroll processes.

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🎙️ Kaizen Time is part of the Blood, Sweat & Business podcast series by Kaizen CPAs + Advisors. We help small business owners make smarter financial decisions—without the fluff.

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