Tapcheck Benefits
Recruitment, retention, and productivity are priorities for high-performing companies, and employee wellbeing is central to all three. Benefits, like on-demand pay and financial education, help to differentiate your company while alleviating employees' financial stress and driving improved business performance and profitability. That is why Greenshades is excited to announce our new integration with Tapcheck. Tapcheck is an award-winning platform that allows employers to offer on-demand pay, also known as Earned Wage Access or EWA, in addition to complimentary financial education and other wellness benefits, to its employees. Available at no cost to employers, Tapcheck uses an intuitive mobile app to give workers greater control over their finances. Here's how:
Attendance
Up to 74% improvement. Combat moonlighting and offer the same benefit gig economy employees have enjoyed for years.
Retention
Up to 49% decrease in turnover. Employees can cost $2600 or more to replace, and some employers have turnover rates as high as 400%.
Productivity
Up to 56% of employees are motivated to pick up additional shifts.
Recruiting
Up to 50% savings in costs due to increased retention and up to 100% more applicants for jobs mentioning Tapcheck.
Efficiency
Additional products, like electronic disbursements and the Tapcheck debit Mastercard, simplify wage corrections, bonuses, termination pay, reimbursements, and other off-cycle payments, while offering convenient alternatives to live checks and options for employees.
Empower Your Workforce with Earned Wage Access and Financial Wellness
Earned Wage Access improves employee wellbeing, business performance, and profitability, at no cost to the employer. Tapcheck provides a seamless, hands-off experience for the employer, and an easy-to-use app to use this benefit and access other financial wellness benefits including the financial knowledge center and Tapcheck debit Mastercard.
Earned Wage Access
Tapcheck’s on-demand pay product, also known as Earned Wage Access, allows employees to conveniently withdraw a portion of their earned wages before payday, should they have the need.
Financial Knowledge Center
Tapcheck’s financial knowledge center provides employees with free access to a broad library of content: articles, videos, self-paced courses, calculators, and more. Employees use this resource to improve their financial literacy and inform smarter decisions on expenses and investments.
Optional Tapcheck Mastercard
Tapcheck’s debit Mastercard is a great alternative to live checks for those who do not have a bank account with direct deposit enabled. For new employees, a card can be issued in minutes with direct deposit information provided. In addition, employees who use the Tapcheck debit Mastercard may be eligible for free on-demand pay transactions when using it as the destination for withdrawn funds.
Electronic Disbursements
Tapcheck’s disbursements product makes wage corrections, bonuses, termination pay, reimbursements, tips, and other off-cycle payments easy! Eliminate issues with cash or checks using this innovative electronic product.
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Reviews
"What a great find!"
My employees used to come to me to borrow against their paycheck. Now they can access TapCheck and we no longer have to loan them money.
- Kristine P. (Manager of Operations)
"Blaze Pizza - Outstanding!"
What we enjoy is how easy the App is to use. Our employees continue to tell us how easy it is to use Tapcheck, so very user friendly and easy to navigate!
- Mona D. (HR/Payroll manager)
"Great service for employer and good, low-cost benefit for employees"
Once setup, TapCheck essentially runs itself with very little need for administration or time.
- Joseph M. (Manager)
"Retain Employees and Give Them Control of their Money"
This is a great employment marketing tool. Being able to tell people that they have access to funds at the completion of their shift is huge after they complete what is necessary for their shifts. I like that there are money management tools
- David A.I (Executive Director)
"Makes us very competitive with our competition and gets the employees funds when they need it."
Makes us very competitive with our competition and gets the employees funds when they need it.
- Tom S. (owner)
"South Dakota Home Care dba Right at Home"
Easy set up by my staff, integrates well with our payroll system, the online portal is easy to maneuver through, very friendly staff to help with setup
- Kayla M (HR Manager)
Get Tapcheck with Greenshades Today
Tapcheck + Greenshades: A best-in-breed people tech partnership