Employers, benefits platforms, regulators, and employees are paying more attention to earned wage access (EWA) products for their potential to improve employee financial health. Employers can maximize the positive outcomes of EWA products by minimizing associated fees, explaining the program mechanics to employees, and providing a complementary suite of financial resources.

A recent study of full-time workers reveals a high need for debt-related benefits, as well as gaps between those who need these benefits most and those who currently have access to them.