American employees are now given a new opportunity to gain their wages as soon as the next day with Flexible Pay, offered by Gusto.
Gusto is a payroll, benefits, and HR technology platform that has recently announced the launch of Flexible Pay, a new tool that grants employees choice in when they receive their payment. Uniquely, it allows them the ability to be paid for work completion rather than following a set schedule.
“The two-week pay schedule should no longer exist in today’s world. It’s a relic of calculating payroll taxes manually and was instituted in the U.S. almost 90 years ago. With modern technology, employees shouldn’t have to wait weeks to get paid,” said Josh Reeves, Gusto Co-founder and CEO. “Flexible Pay lets employees decide when they want to get paid for the work they’ve already done, without additional cost to employers—it’s the way we believe everyone will get paid in the future.”
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