Earlier this year, Aspire introduced Pay OnDemand, a unique new benefit designed to help our customers recruit and retain talent in their landscaping organizations. The Aspire Pay OnDemand Program was developed to enable employers like you to provide your hourly employees with easy access to a portion of their earned but unpaid net wages in advance of payday—at no cost or extra effort to you.
Today, we’re excited to announce a highly requested enhancement to the Pay OnDemand program—salaried employees can now take advantage of the program as well.
How does it work?
Each evening, your salaried employees’ standard daily hours will populate their "Earned Wage Hours" at a designated time and they are then eligible to initiate an earned wage advance based on the populated hours, just like your hourly staff. It’s your choice to enable this option at the company level or not.
What will stay the same?
As with the original Pay OnDemand program, you’ll maintain visibility into each employee’s earned wage balance and transaction activity as well as retaining the ability to enable—or disable—the earned wage advances per employee with no extra steps on your end. Individual hours are loaded directly from the Aspire business management software platform, and the program automatically keeps track of allocated wages and fund disbursals.
And, aside from defining the initial configuration settings, there’s still no need to continuously reconcile financial records or adjust payroll each time an employee initiates an advance. The Pay OnDemand program manages this information for you. All funds are fronted by the program in exchange for the small fee paid by the employee (just $1 per each $100 of earned wages), and the transaction is reconciled automatically when payroll is processed.