Your employees are using an ATM and chances are they are spending a great deal of their paycheck on fees to obtain cash. Resurgent Capital Services recognized this and installed an ATM in their building to give their staff easy access to cash — surcharge-free.
Staff need cash for everyday purchases like lunch and vending machines, and many leave work early on payday to go to the ATM. Pure Power Technologies recognized this need and contacted ATMatWork about installed an ATM in their building to give their staff easy access to cash. They chose the Allpoint Network surcharge-free option, which allows the majority of their employees to withdraw cash with NO fee.
One of the hottest New HR benefits, an ATM at work provides your staff with direct pay access, cash for the vending machine and cafeteria, it saves them time and money and keeps them on-site. And best of all there is no hassle for HR management and no charge for qualified companies.
Cold hard cash has always appealed to people, and is often a major selling point for employees. But, these days it is more than just the dollar amount on an employee's paycheck. That is, of course, still of prime interest to employees. However, there are more versatile ways to make sure your employees know you value them and can also keep their cash flowing … providing them with easy access to cash with an ATM at work.
On-site ATMs for local businesses are a great way for banks and credit unions to increase brand presence. But, when used correctly, they are also a step toward creating a community partnership that develops new accounts and revenue for the financial institution (FI) through Bank at Work programs. Here are a few keys to creating a successful program – using an ATM as the centerpiece of your program
Nearly half of Americans (46%) would struggle to cover an emergency expense costing $400, according to the May 2016 “Report on the Economic Well-Being of U.S. Households in 2015” from the Federal Reserve Board. When faced with a $400 bill, a large number of respondents reported they would either need to sell something or borrow money to cover the expense.