19 October 2017
Is it a good idea to pay workers more frequently?
Traditionally, most restaurants operate on a two-week pay period. But a host of new technology companies have cropped up to help employers pay hourly workers’ more frequently, sometimes as quickly as the same day.
While experts see some advantages to more-frequent payments — like providing low-income hourly workers the ability to pay a bill on time or put dinner on the table, or improve employee retention — experts say there are some challenges as well.