Our Chief People Officer, Dr. Archana Arcot was featured in Forbes on offering pay-on-demand to the Unifi employees.
Dr. Archana was quoted in the article: “Our primary reason to offer pay-on-demand to our workers is to relieve their financial stress and put financial wellness within easy access. Many of our workers rely on high-cost solutions such as payday loans which have an average 400% APR. Doing our research, we have found Pay-on-Demand is used for access to cash for an emergency. One of our employees used our mobile app solution to access cash to get his car out of a tow lot and was able to avoid missing work. Our Pay-on-Demand app was able to allow him to continue with his workday and saved our company from unexpected absenteeism.”
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