EarnIn for Employers offers on-demand pay so employees can access a portion of their pay when needed. EarnIn says it funds 100% of the cash employees access, with no cost or risk to the business, and that the service does not change payroll processes or business operations. It requires no integration with HCM, payroll, timekeeping, or benefits systems. Employees may access up to $100 per day and up to $750 per pay period, subject to available earnings and stated limits. Cash Out is described as having no interest, credit check, or mandatory fees. Other employee features include Experian-powered credit monitoring with weekly score updates and alerts, Balance Shield low-balance alerts and automatic transfers, and Tip Yourself savings. EarnIn says it never sells personal or employment information and that its services may not be available in all states. Lightning Speed may be unavailable at times, and transfers may take up to 30 minutes. Employers can schedule a demo to discuss their organization’s needs. Employee apps are listed for Android and iOS.
Who it is for
It is presented to employers seeking to support recruitment, retention, and employee satisfaction through on-demand pay. The employee app is listed for Android and iOS.
What is good
- No employer cost or risk, according to EarnIn
- Requires no payroll or HCM integration
- Does not change payroll processes, according to EarnIn
- Cash Out has no interest or mandatory fees
- Includes credit monitoring and savings features
What to know first
- Services may not be available in all states
- Lightning Speed may be unavailable at times
- Transfers may take up to 30 minutes
- Access is subject to earnings and transfer limits
Verdict
EarnIn for Employers offers employees access to earned pay without requiring payroll-system integration, according to the company. Availability, earnings, and transfer limits apply, and employers are directed to schedule a demo.
EarnIn for Employers plans and pricing
All plansCompared on earned wage access software
- Free plan
- Yes
- Employee mobile app
- Yes
- Instant wage transfer
- Yes
- Payroll integration
- No
- Timesheet integration
- No
- Earnings data source
- realtime
- Transfer methods
- bank
