The leaders in on-demand pay

October 8, 2024 - Research Y151

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On-demand pay has gained prevalence over the past four years as organizations drive significant value with minimal impact on payroll operations. As demand for on-demand pay software increases, the market has become more saturated. Nucleus identified the most common benefits of implementing an on-demand pay solution, which include increased attraction and retention, reduced absenteeism, and better financial wellness for employees. As the functionality becomes more widespread within the greater HCM space, select vendors have invested in differentiating features that drive incremental value to customers and end-users, strengthening their positioning relative to competitors that continue to offer base earned wage access capabilities.

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