We believe that financial well-being is determined by the extent to which people:
Have control over their day-to-day, month-to-month income and expenses;
Have the capacity to absorb a financial shock or deal with a financial emergency;
Are on track to meet their financial goals be it savings, investments, purchases; and
Have the financial freedom to make the choices that allow them to enjoy life.
Employees that achieve financial well-being tend to experience lower financial stress and exhibit greater retention, attendance and focus at work.
For employers, Floatpays helps alleviate volatility of cash flows, reduces the administrative burden of managing staff advances and results in happier, more productive employees.