How Earned Wage Access (EWA) Unlocks $1 Trillion in Payroll Funds | Joey Bertschler
This episode is sponsored by Deel, the all-in-one global-first people platform.Deel helps you build your global team within your budget. When building and scaling your global business, saving money and staying within budget is essential. Deel’s here to help you do that. The free Founder’s Guide includes:- Determining fair and competitive compensation- Paying yourself and your team- Scaling in compliance with global laws- Granting stock and equityThe benefits of a global, remote-first team are clear. Staying on budget should be too. Download now: https://www.deel.com/resources/global-payroll-consolidation/?utm_medium=sponsored-newsletter&utm_source=nickday&utm_campaign=ww_engage_download_nickday_sponnewsletter_payrollnewsletter-gpconsolidation-feb25_gp_all&utm_content=engage_gp_sponnewsletter_gpconsolidation-sponnews400-fin_en—————————————————————————————————————————The payroll industry is at a tipping point. A staggering $1 trillion is tied up in outdated payroll cycles, preventing employees from accessing the money they’ve already earned. In this episode, Joey Bertschler, CEO of Volante Labs, joins Nick Day to expose the hidden inefficiencies in payroll and why Earned Wage Access (EWA) isn’t just a trend—it’s the future.As companies like Walmart, McDonald's, and Uber embrace real-time pay, traditional monthly payroll is being challenged like never before. Joey’s groundbreaking 35-page research report uncovers how payroll delays contribute to financial stress, unnecessary loans, and employee turnover—while EWA reduces financial strain, boosts retention, and delivers a 300% ROI.Key Takeaways:The $1 Trillion Paywall Problem – Why payroll delays are costing businesses and employees.How EWA is Transforming Payroll – A deep dive into the future of real-time wages.Why Delayed Pay Hurts Employees – The financial stress, predatory loans, and loss of purchasing power.The ROI of Faster Payroll – How companies are seeing retention increase and costs decrease.Regulations & Compliance – What businesses need to know before implementing EWA.Is your payroll strategy stuck in the past? It’s time to rethink how employees get paid and unlock the true potential of payroll innovation.Hit subscribe for more expert insights on payroll transformation, financial wellness, and the future of work!Find your ideal candidate with our job vacancy system: https://jgarecruitment.ck.page/691ee4537eNick Day’s LinkedIn - https://www.linkedin.com/in/nickday/If you need the support of a payroll recruitment agency or a payroll staffing partner to help fill your next payroll vacancy, please please contact me! I possess over 20 years of payroll recruitment agency expertise and I would love to help! nick@jgarecruitment.com or call 01727 800377Find out more at www.jgarecruitment.comStay tuned for the next episode of The Payroll Podcast, brought to you by Nick Day, CEO at JGA Recruitment, landing soon!—————————————————————————————————————————(00:00) The $1...