BROOKLYN, NY / ACCESSWIRE / December 29, 2022 / Walter Greenfeld is a highly motivated entrepreneur who has successfully transitioned into the financial sector. Previously the CEO of Nursing Personnel Homecare, he is now the chief executive officer for Keeper – a financial company committed to helping businesses in the healthcare industry. In a recent online publication, Walter takes the time to break down some of the advantages of wage access.
According to Walter Greenfeld, EWA programs help workers bridge the gap between pay periods by providing them access to earned wages. One model used frequently is often referred to as “on-demand pay.” He states that, “With this program, workers can request a portion of their earned wages at any time, up to their predetermined limit. The funds are deposited into the worker’s account within a few hours or days. Employers can offer on-demands pay programs as a benefit to their employees, or third-party providers can provide them.”
Some companies may also use scheduled disbursements. With this program, workers can schedule in advance when they would like to receive their wages, and funds are deposited into employees’ accounts on pre-selected dates. “Scheduled disbursements may be less flexible than on-demand pay programs, but they can still help workers improve their financial stability by giving them more control over their cash flow.”
Early wage access is a great resource for individuals who may be struggling in between pay periods. Walter claims that these types of programs help people avoid overdraft fees and late payment penalties. While every employer operates differently, the cost of early wage access is normally low.
Those who are interested in learning more can read the full article here.
About Walter Greenfeld
Walter Greenfeld is a successful business professional currently making a positive difference in his local community. As the Founder and CEO of Keeper, Walter supports healthcare workers by helping them access financial assistance. After immigrating from Europe to the United States, Walter understands first hand the financial struggles that many working families face on a daily basis. As a result, he is committed to helping individuals maintain independence and peace of mind.
Email: [email protected]
SOURCE: Walter Greenfeld