Ever wonder what it's really like to offer earned wage access (EWA) at your business? We recently caught up with two Planet Fitness franchisees who shared genuine feedback about their journey with Tapcheck -- from integrations, to employee usage, even nitty-gritty details about the payroll process.
Bottom line: they're excited about the flexibility it's brought to their teams without adding overhead costs or headaches.
If you'd like to watch the rest of this webinar and catch up with more insights we couldn't get to, you can find the full recording here.
The Ease and Power of EWA
"Wait, that's it?" That's the reaction from Tammy Shupp, Payroll and Benefits manager at IGNITE Fitness Holdings when the integration to Tapcheck was complete. No complicated setup, no administrative headaches – just a simple solution that makes a real difference in employees' lives.
Tammy shared how team members are using EWA to handle both routine and unexpected expenses without needing to put it on a credit card or take out a payday loan. Tammy is helping her employees achieve financial flexibility without stressing out over a lengthy integration.
How the Payroll Process Really Works
Let's bust a myth right now: adding EWA doesn't mean turning your payroll process upside down. Shara Kreisl, Director of Human Resources and Payroll for Gym Management Services, explained how the integration and upkeep of Tapcheck is no sweat -- even as a team of one.
Tapcheck plays nice with their existing systems with no payroll overhaul required. Shara works with Tapcheck directly to ensure payroll accuracy and timeliness, spending just a few minutes a week to bring a seriously big benefit to her staff.
Starting EWA in Q1
The new year often brings in a rush of new fitness devotees, all striving to make this year their year. Tammy shared how she aimed to avoid overburdening her staff but also aimed to bring a benefit to her workforce when they might need it most.
It was tricky timing, but the busy season for gym-goers also means it's a necessary time to bulk up staff. Tammy's team got Tapcheck up and running around the holidays, hitting the ground running once the busy season began.
Saying 'Just Do It' to EWA
Here's the thing about big decisions – sometimes you just need to take the leap. After Tammy called references, asked questions about Tapcheck's compliance with regulations, and knew the integration could happen quickly -- she and her team went for it.
Knowing the impact that earned wage access can have on everyday employees, delaying the benefit can hurt engagement, retention, and fulfillment. Once you have your questions answered, why wait?
The Bottom Line
Here's what our Planet Fitness friends want you to know about EWA:
- It's a total game-changer for keeping great employees happy
- Set up is easier than nailing your first push-up
- Your payroll software and systems stay intact
- In the war for talent? This is your secret weapon
Still not convinced about the impact EWA can have on your business? Hear directly from Planet Fitness employees themselves.
Ready to see what all the buzz is about? Drop us a line at Tapcheck, and we'll show you how EWA can pump up your employee benefits game!