Earnin Partners With Windsor to Provide Earned Wage Access Benefits
PALO ALTO, Calif.--(BUSINESS WIRE)--Nov 9, 2021--
Earnin, the leader in building products for a more equitable financial system and a better life for everyday people, today announced its partnership with Windsor, a provider of long-term healthcare and rehabilitation services. As part of Earnin’s B2B program, Windsor can offer Earned Wage Access (EWA) benefits immediately to its employees in a unique “Zero Integration” model, with no risk and no funding requirements.
With over 3,300 employees, Windsor serves over 4,000 patients every day in over 33 facilities in California and Arizona. The healthcare provider was looking for an EWA service to help their employees’ financial wellness and to stand out in the marketplace as a leading employer with unique benefits. Upon reviewing several vendors and learning that some employees were already using Earnin, Windsor decided to pilot the service and ultimately partner after seeing strong employee engagement and impact.
“We were attracted by Earnin’s zero integration technology, highly positive app store reviews and range of financial wellbeing tools,” said Roy Bailey, Director of HR Operations at Windsor. “Earnin has helped many of our employees gain access to their funds in times of need with its seamless platform.”
By receiving access to their wages through EWA services, consumers felt more in control of their finances and experienced better financial well-being, according to a recent study by FTI. For employees at Windsor, Earnin’s solutions can help them to feel less stressed about their financial situation and have more flexibility to achieve their financial goals.
“Our secure, one-of-a-kind approach enabled Windsor to offer its employees access to Earnin in a matter of days,” said Ratesh Dhir, Head of B2B at Earnin. “It’s rewarding to help organizations like Windsor give their employees access to their paychecks as they earn it, enabling greater control of their personal finances, especially in the current climate.”
More information on Earnin’s B2B program can be found here.
Earnin’s mission is to build products for a more equitable financial system and a better life. Built for the unique needs of those living paycheck to paycheck, Earnin is designed to free people from the traditional payment cycle and help them take control of their money, starting from when they earn it. Earnin’s comprehensive suite of tools include: Cash Out, which provides access to income as it’s earned, Balance Shield, a low balance alert to help maintain a positive bank balance, Financial Calendar that helps people budget and schedule payments, and Tip Yourself, an easy way to set aside money to reach savings goals. Earnin is community-supported, with no mandatory fees or hidden costs. People tip what they choose to support the service. As of September 2021, Earnin has performed more than 125 million transactions and provided access to $10 billion in earnings for its members.
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CONTACT: Jenna Caswell
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: NURSING CONSULTING PHYSICAL THERAPY PROFESSIONAL SERVICES MANAGED CARE HEALTH GENERAL HEALTH SMALL BUSINESS OTHER PROFESSIONAL SERVICES HUMAN RESOURCES FINANCE
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PUB: 11/09/2021 12:00 PM/DISC: 11/09/2021 12:02 PM