Empowering Hospitality Teams: How Edsa Shangri-La Manila Champions Financial
Wellbeing with Paywatch
At Edsa Shangri-La Manila, with employee benefits being very important to their culture, prioritising workforce needs is crucial. A vital part of this strategy involves adopting solutions that protect not just physical health but the overall stability of their staff.
For employees like Michael Bustarde, a Linen Supervisor who has dedicated five years to the hotel's laundry department, providing a good life for the family is a primary motivation. However, unexpected expenses like housing loans can create stressful cash flow gaps, particularly during the dreaded petsa de peligro (the days just before payday). Previously, Michael resorted to borrowing from colleagues to make ends meet.
Today, through Edsa Shangri-La’s partnership with Paywatch, Michael and his peers have a reliable safety net. Paywatch provides earned wage access (EWA), a transformative employee benefit that allows workers to securely withdraw a portion of their accrued earnings before payday. This early wage access ensures that staff can cover urgent necessities without the burden of high-interest loans.
By offering a real time salary solution, the hotel greatly enhances its broader employee assistance programme (EAP). Providing salary on demand doesn't just offer immediate financial benefits; it profoundly impacts mental health and overall employee health by eliminating severe
financial anxiety.
Beyond immediate relief, Paywatch is dedicated to cultivating long-term financial resilience. By offering a practical tool for managing daily essentials like groceries, utilities and transport, the platform helps workers avoid the cycle of high-interest debt.
"Our goal is to deliver equitable financial tools that genuinely improve household stability," explains Rowell del Fierro, Country Manager of Paywatch Philippines. "By leveraging technology to provide fair access to earned wages, we empower employees to take control of their finances and build lasting confidence."