In the wake of the sudden COVID-19 economy, we might forget the small-scale financial crises people face every day.
In the huge segment of the workforce living paycheck-to-paycheck, any sudden expense can become a financial crisis.
And until recently, their only option was to start a cycle of debt through expensive short-term loans.
Our guest today, Frank Dombroski, Founder and CEO of FlexWage Solutions, is leading the charge — without the high charges — for an alternative. His company offers a solution that provides people with early access to earned wages.
What we talked about:
-The genesis of Flex Wage
-Challenges to adoption
-Why early wage access appeals to HR and Benefits
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Until next time!