Healthcare Leader Sees Strong Usage Through Integrated Solution

A leading healthcare company came to Tapcheck looking for an on-demand pay solution. What they found was a benefit their employees used and seriously helped retention.

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5,000+

employees

34%

of employees actively using Tapcheck

49%

boost in retention for Tapcheck users

$18mm

funded

One large skilled nursing center operator has found a powerful solution with Tapcheck. This success story showcases how Tapcheck has become an integral part of their employee benefits package, driving impressive results and setting new industry standards.

A Typical Challenge

With a workforce of over 5,000 employees spread across multiple facilities, our client faced the common industry challenges of employee turnover and financial stress among their staff. They sought a solution that could provide their employees with greater financial flexibility while seamlessly integrating with their existing payroll systems.

Company

Locations

Industry

Skilled Nursing

Payroll

Alliance

Employees

5,0000

Key Results From an Easy Win

Tapcheck's EWA platform was implemented, offering employees on-demand access to their earned wages. The integration with Alliance, the client's payroll system, ensured a smooth adoption process and minimal administrative overhead.

Exceptional Adoption Rate

34% employee registration rate
Significantly outperforms the industry average of around 20%

Retention Gains

For employees that registered for Tapcheck, they were 29% more likely to stay with their employer
For employees that regularly used Tapcheck, they were 49% more likely to stay

Substantial Financial Impact

Over $18 million in transfers funded through Tapcheck
Demonstrates high utilization and value to employees

How Tapcheck Can Help the Industry

This success story underscores Tapcheck's position as a leader in EWA solutions for the healthcare and skilled nursing community. By consistently delivering results that exceed industry averages, Tapcheck continues to set the standard for financial wellness benefits in this critical sector.

The partnership between this large nursing home operator and Tapcheck exemplifies how innovative financial solutions can make a significant impact on employee satisfaction and financial well-being.

As the healthcare industry continues to evolve, Tapcheck remains committed to providing cutting-edge EWA solutions that meet the unique needs of healthcare providers and their dedicated workforce.

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