Trusted By Our Clients
Manufacturing Industry Hurdles
Demanding Work Environment
The manufacturing industry is known for its physically demanding work environment, which can lead to employee burnout and dissatisfaction.
Competition for Talent
In a competitive job market, 47% of manufacturing jobs might be gone in the next decade because of the shift to other industries.
Retaining a Quality Workforce
75% of manufacturers are facing challenges of attracting and retaining a quality workforce. Losing experienced employees can result in lost in productivity and revenue.(1)
Overcome Manufacturing Industry challenges with Earned Wage Access
89%
Workers would be willing to work longer for an employer offering Earned Wage Access.(2)
79%
Workers are more willing to switch to employers already offering Earned Wage Access.(2)
Unlock the Power of EWA to boost your Manufacturing business
Paywatch offers flexible payroll with guardrails in place for employees. Here’s how we can help you address the pain points of Manufacturing industry.
Improve employee retention
Reduce turnover rates of up to 78%
Save annual rehiring fees
Good for employees, Good for business
Implement Earned Wage Access with ease today
Paywatch provides customized approach and dedicated support to launch and onboard your employees seamlessly. Work with us to simplify your payroll process and reduce administrative tasks.
Easy implementation
0% interest charge.
No impact on cash flow or payroll process
Let us handle your early pay requests and boost your business.
Hear it for yourself
"We were looking for a solution to help our employees that struggle with cashflow. There have been instances where they ask for an advance or loans, but some are also suffering in silence.
The Paywatch app allows them to regain their financial control and so far the response has been positive. I believe Paywatch can really help"
Ruhana
Head of Human Resources of Wilmar International
Source:
-
National Association of Manufacturers. (2023). 2023 Second Quarter Manufacturers’ Outlook Survey
-
Visa. (2019). Earned Wage Access (EWA) provides early access to already earned wages, helping both workers and employers.