Financial issues often impact employee productivity. Employers can play a vital role in supporting employees’ financial stability by offering flexible and thoughtful compensation options.
Setlary’s Earned Wage Access offers a range of features tailored to employees’ financial needs, including the Daily Auto Cash Out feature.
In this article, Setlary will explore the benefits of this feature for both companies and employees, as well as how it can be used. Read on to learn more and understand the details!
What is the Daily Auto Cash Out Feature?
The Earned Wage Access (EWA) platform from Setlary offers a variety of features, designed to meet employees’ financial needs. This platform aims to provide financial flexibility and reduce financial stress. One of Setlary’s outstanding features is Daily Auto Cash-Out.
Daily Auto Cash-Out is a feature that allows users to automatically withdraw a portion of their salary every day at 8 PM, on the set period
Through this feature, companies can give employees the freedom to access their earnings daily. Employees simply need to activate the feature with a fee of Rp250,000 per one activation to receive their daily salary disbursement over a one-month period.
This feature not only enhances employee satisfaction but also serves as a valuable tool for attracting and retaining top talent. The availability of this feature demonstrates the company’s commitment to employee well-being.
What Are the Benefits of the Daily Auto Cash Out Feature?
Here are some key purpose of the Daily Auto Cash-Out feature for both companies and employees:
1. Boosting Daily Employee Productivity
By offering access to a portion of their earned wages, companies empower employees to manage their daily financial needs without waiting for payday. This flexibility helps alleviate concerns over urgent expenses, allowing employees to stay focused and more productive in their work.
2. Reducing Employee Financial Stress
Daily access to earned wages provides employees with a greater sense of financial security and stability. In turn, the use of Earned Wage Access (EWA) to access daily earnings can support mental well-being and help employees maintain consistent performance in the workplace.
3. Lowering Employee Turnover Rates
In the competition to attract top talent, companies that offer flexible financial benefits have a distinct advantage. Daily Auto Cash-Out can be an appealing addition to a company’s compensation package, drawing in candidates who value financial well-being and flexibility.
4. Attracting Top Talent
With daily access to your wages, you can match your spending to your income, preventing shortages and avoiding debt. Daily Auto Cash Out puts you in full control of your finances, ensuring stronger stability and a more certain future. Planning for your financial future becomes easier and burden-free.
5. Improving Financial Stability
With daily access to earned wages, employees can align their expenses with their income, helping them avoid cash shortages and debt. Daily Auto Cash-Out provides employees with full control over their finances, ensuring stronger stability and a more secure future. This feature allows them to plan their financial future with greater ease and peace of mind.
Who Can Use the Daily Auto Cash Out Feature?
The Daily Auto Cash-Out feature is available to all types of employees, both permanent and contract, as long as they work for a company partnered with Setlary. This feature offers employees the convenience of managing their day-to-day finances without waiting for payday.
However, companies also have the flexibility to set specific eligibility requirements, such as minimum working hours or length of employment, according to their internal policies. This way, companies retain control over determining which employees qualify to access this feature.
Additionally, it’s important to note that this feature is only available to employees at companies that have an official partnership with Setlary, and it is not automatically activated. Employees need to complete a one-time activation to start enjoying daily wage withdrawals, providing flexibility to those who truly need it.
For employees seeking to better manage their cash flow, this feature offers a practical solution. It enables them to address urgent financial needs without relying on external sources of funding.
Read More: Be a Part of Setlary’s Salary Revolution and Internet Evolution Program!
How to Use Setlary Daily AutoCash Out Feature?
Here are the simple steps for employees to activate the Daily Auto Cash-Out feature:
1. Log in to the main page of the Setlary app.
2. Select the “Activate Daily Auto Cash-Out” option.
3. Click “I Agree to the Terms and Conditions,” then click “Confirm and Process” to enable automatic withdrawals.”
4. The salary withdrawal process is complete and the amount will be sent to employee’s account daily.
Empower Employees’ Daily Financial Freedom with Setlary
Setlary strives to support employees’ financial wellness, directly impacting their productivity and job satisfaction.
With the Earned Wage Access (EWA) app, featuring Daily Auto Cash-Out, employees now have the flexibility to access their earned wages daily, enabling them to more easily meet urgent needs or plan their daily finances more effectively.
Activate this feature for your employees and show the company’s commitment to their well-being. By providing daily access to wages, companies help reduce the financial stress employees may experience, which ultimately boosts motivation, loyalty, and job performance.
Encourage employees to activate Setlary’s Daily Auto Cash-Out feature today and witness its positive impact on team morale and productivity!
