Whitepaper | How Earned Wage Access Helps Retain & Recuit in QSR
How EWA is Helping Fast-Food Leaders Keep Talent
Fast-food restaurants have struggled to retain employees over the last decade.
Some restaurants face an annual turnover rate exceeding 100%. But it's not hard to discover why.
The positions come with low pay (median pay rate: $11.18/hour), few benefits, limited upward mobility, and high levels of risk. They are typically seen as a “temporary solution” for the 3.9 million Americans who hold them.
While turnover is expected by quick-service restaurant owners, levels are getting too high and too expensive.
In this whitepaper, we’ll look at the staffing crisis facing the fast-food industry and how an on-demand pay benefit can help fast-food companies improve retention, recruitment, and employee financial wellness in our current times and beyond.
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On-Demand Pay
The Employee Benefit that Benefits Businesses
Employer Testimonial
Tapcheck really assured me that they were going to be there when we needed it
Alexia Lucero-Kendall
Payroll Supervisor, Sweetwater Care
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Tapcheck is one of the easiest, most user-friendly platforms in payroll processing
Becki Carpenter
Payroll Director, TJ Wolf, a McDonald’s Franchise
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Tapcheck has helped us with retention
Cathy Remedies
Director of Operations Services, R2 Restaurants, a Taco Bell Franchise
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As a department of one, if there's a heavy lift, it doesn't make it a lot of sense. I'm the one handling onboarding, offboarding, performance; so it needs to be easy. There's no heavy lift with Tapcheck
Shara Kreisl
Director of Human Resources and Payroll, Planet Fitness
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The connection between financial wellness and their overall wellbeing, sometimes it's as vital as: 'I don't have $50 to go to the urgent care, so I'm just going to let this infection get worse'. It would be detrimental for a lot of our communities if we didn't have this kind of benefit
Amanda Wickert
VP of Engagement, Navion Senior Solutions
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You're either going to pay for something with your time or your money
Eli Collier
Franchise Owner, HomeWell Care Services
Employer Testimonial
Just go for it. It doesn't cost you anything, and it makes a huge difference for employees living paycheck to paycheck. It's a great asset for any facility.
Aaron Shapiro
Payroll Director, Vertex Consulting Group
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Tapcheck has been the easiest implementation I've ever done
Holly Lasitis
Accounting & HR Management, M&J Management, a McDonald’s Franchise
Employer Testimonial
This benefit is hands-off, it helps the employee, it's fully integrated, and it doesn't cost the company. It's a no-brainer.
Alan Barrington
Head of HR, Stonebriar Auto Services, a Jiffy Lube Franchise
Employer Testimonial
Nearly 100% increase in employee tenure
Alan Barrington
Head of HR, Stonebriar Auto Services
Employer Testimonial
Getting financially fit with Tapcheck
As a department of one, if there's a heavy lift, it doesn't make sense for our organization. There's no heavy lift with Tapcheck.
Shara Kriesl
Director of HR and Payroll, Gym Management Services
Employer Testimonial
Easiest implementation, ever.
Holly Lasitis
Accounting & HR Manager, M&J Management
Employer Testimonial
"The platform was antiquated and a waste of our resources..."
Soly A.
VP of People
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Huge Burden Lifted!
Renate S.
General Manager
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We switched over to Tapcheck and it exceeded our expectations...
Matthew O.
Community Liaison
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Best perk free to employers
Yuri B.
Employer Testimonial
It's a manual process of re-sending them emails every day...
Monica C.
Employer Testimonial
Easy to use service with friendly customer service
Jarrod P.
Employer Testimonial
Tapcheck is AWESOME
Sherri K.
Employer Testimonial
Tapcheck works and helps our workers
Kathy D.
Employer Testimonial
Supportive and helpful
Stacy
Employer Testimonial
Excellent product with outstanding service.
Tracie D.
Employer Testimonial
Great resource
Darcel R.