Trusted By Our Clients
Retail Industry Hurdles
Stressed Employees
When employees are financially stressed and have low workplace morale, this may lead to poor quality customer service. Happy workers are found to be 13% more productive.(1)
Labour Shortage
Many retailers are struggling to hire as the talent pool for retail is shallow. Adding flexible pay for your employees can act as a competitive advantage when hiring.(2)
High Recruitment Cost
Retailers face significant challenges in high turnover rates where 83% of retailers are having to invest most heavily in recruitment and retention.(3)
Solve Retail Industry Hurdles with Earned Wage Access
76%
Workers across all age groups say it is important for their employer to offer Earned Wage Access(4)
83%
Retailers are having to invest most heavily in recruitment and retention(3)
Unlock the Power of EWA to boost your Retail business
Paywatch offers flexibility in your payroll to provide your employees' financial control. Here's how we can help you:
Increase Employee Satisfaction
Stand out in hiring
Save cost in rehiring and retraining
Improve employee retention
Happy employees, better customer service
Implement Earned Wage Access with ease today
Paywatch offers flexible payroll with guardrails in place for employees. Here’s how we can help you address the pain points of retail.
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
“I thought it was a refreshing idea, and thought is it too good to be true... because the transaction fees Paywatch charges is relatively low.”
Hui Jing
Director of BilaBila Mart
Source:
-
Forbes Agency Council. Malcolm, S. (2021, April 16). If You Want To Be More Productive At Work, Get Happy.
-
World Economic Forum. (2023). The Future of Jobs Report 2023.
-
Deloitte. (2022). 2022 retail industry outlook The pandemic creates opportunities for the great retail reset.
-
ADP. (2022). Earned Wage Access: Tapping into the Potential of Flexible Pay for Today’s World of Work