With unemployment rates steadily trending downward throughout 2019, employers are ramping up benefit plans to retain and recruit the most qualified employees. An attractive benefits package sends a message to employees that the business cares about their well being and work-life balance. As 2020 kicks off, here are new trends and developments for employers to consider.
Employees Want Alternate Payment Methods, Financial Wellness and Convenient Access to Cash at Work
To remain competitive in today’s job market, traditional perks such as pay raises and medical benefits are not enough. Employees desire easier access to their earnings, financial wellness and more payment choices. A company provided ATM, especially one sponsored by a local bank or credit unions, provides major benefits to employees and employers alike.
Attract Millennials with Paycards & a Surcharge-Free ATM as an Employee Benefit
One noticeable drawback to payroll cards is the fees charged to obtain cash. To combat that problem, Brinks Money Paycards has teamed up with ATMatWork to be able to offer employers ATM options at work for employees such bank or credit union branded and surcharge-free ATM options – to compliment their paycard programs and save employees time and money.