On Demand Pay: Is it for You?
On-demand pay, also known as early wage access, is a 21st-century phenomenon. Allowing employees to receive a portion of their earned wages in advance, as opposed to receiving the entire amount on a designated payday, is changing payroll practices all over the country. What is payroll’s role in defining and creating best practices in this new area? What are the challenges of meeting a demand that mirrors our “instant gratification” society? Order an item online? Have it delivered by tomorrow? Order food from a local restaurant? It will be delivered within an hour. Want to be paid? That should be available on demand too, right? We’ll look at current practice as well as questions for the future of Early Wage Access (EWA). The webinar will help attendees determine if the process is appropriate for their company.
- Assessing the need for EWA-is it a fit for my company
- How will it help or hurt my employer to offer EWA
- Available methods of providing on-demand pay or EWA
- Questions to be asked prior to deployment of an EWA program
- Looking at voluntary deductions-how are they handled
- Legislative actions – Federal and State
- What is a constructive receipt and how does it affect EWA
On-demand pay is becoming a progressively more important issue for many employers. Employees request that a portion of their pay be paid to them as soon as it is earned, as opposed to receiving 100% of their pay due on payday. Attending this webinar will give the attendees information about the types of EWA, which is most advantageous for their company, and raise some of the questions that will need to be legislated or otherwise answered in order to process the administration of EWA. Regardless of the size of your company, you’ll be able to learn something about this new trend by taking this webinar!
- Payroll Associate
- Payroll Analyst
- Payroll Supervisor
- Finance Manager
- Shared Services Manager
Merle Capello is an experienced Payroll Professional who can manage, train and elevate team members, enhancing their skills so that they can be leveraged to benefit clients. Merle is a professional who works to improve processes, by additional knowledge and conforming to rules of compliance. She is also an experienced procedure and policy developer who works to leave a better team behind than the one she finds. Merle is a subject matter expert on compliance, payroll taxes, work rules and payroll best practices. Merle, offers consulting services for those who need a professional's advice and counsel. In her more than 25 years of experience spearheading the development, enhancement, and transfer of payroll and HRIS operations, Merle has learned to provide team members with the guidance and motivation to exceed objectives. Merle enjoys the challenge of implementation and organizational change, using her analytical skills and her knowledge base to make the most prudent decisions for the team and for her clients. Merle easily adapted to either running a department or advising a client on how best to run their department. She can write step-by-step directions for processes, if needed, or coach a team member to do so. Merle is also a longtime member of her professional organization, the American Payroll Association. She held Advanced Payroll Certification for over 25 years.
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