RotaCloud’s 3,000 SME business owners and managers will be able to give their employees up to 50% of their wages in advance, helping them to avoid turning to high-interest loans or credit. The partnership with Orka Pay demonstrates the growing demand for salary advance schemes, which offer hourly workers true pay flexibility, Fintech Finance reports.
Working with SMEs in sectors as diverse as hospitality, leisure, and retail to care and education, and with customers such as the NHS, Sheffield Hallam University, and Subway, RotaCloud helps businesses of all sizes plan rotas, manage sickness and annual leave, and record employee time and attendance. Orka Pay is an app-based product, which enables workers to choose how much of their earned wages they want to withdraw from their available balance, charged at a small interest rate, and facilitated by full integration with their employer’s payroll system.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now