TimeForge’s Earned is a new employee benefits tool designed to improve the way companies handle employee compensation, tips, and rewards. This system allows employees to access their earnings on the same day they work, rather than waiting for the standard payroll cycle.
The Earned platform includes features for real-time access to pay, streamlined tip management, and an employee recognition rewards system. This approach aims to address common issues such as financial stress among employees living paycheck to paycheck and high employee turnover. For companies, the benefits tool provides a solution to improve employee satisfaction and retention by providing financial flexibility and reducing the administrative burden of managing wages and benefits. The platform is positioned as a way to increase operational efficiency and support a positive workplace culture, with built-in controls and audit capabilities to mitigate risk.
Image credits: TimeForge
