Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay.
This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift.
As part of Indeed, the online job site, Indeed Flex’s platform reportedly offers flexible work solutions with temporary, temp-to-permanent, and long-term opportunities.
Indeed Flex focuses on delivering speed, quality, and choice for job seekers and businesses in a range of industries such as Industrial, Hospitality, Facilities Management, and Retail.
Timely and accessible payment solutions are more vital than ever for the temporary workforce, as around 3 in 4 contingent workers prefer to be paid on a daily basis.
By integrating Branch’s payments tech, Indeed Flex ensures that its workers can choose when they work, and when they get paid: either daily or on a weekly basis.
With many Americans experiencing a serious cash crunch and living paycheck-to-paycheck, these types of services are clearly needed.
Some of the benefits of the partnership are as follows:
- Same Day Pay: Workers can access up to 50% of their earnings on the same day they complete work at no cost via the Branch App, reducing financial stress and providing greater control over their personal finances.
- Fee-Free Digital Banking: The Branch App offers a digital wallet backed by a fee-free bank account and Mastercard debit card along with free ATM options so that Flexers can eliminate traditional banking fees and have another direct deposit option.
- Financial Management Tools: Branch provides a suite of financial wellness tools, including cashback rewards, cash flow insights, and a marketplace for additional personal financial solutions, to help workers manage their finances more effectively.
- Enhanced Flexibility: The payments partnership aligns with Indeed Flex’s commitment to empowering job seekers with control over work opportunities, ensuring that workers have the financial flexibility to match their work arrangements.
Branch Founder and CEO Atif Siddiqi said that the Branch platform and app are designed to meet the needs of temporary staffing firms and contingent workers.
He added that they aim to offer a solution that allows Indeed Flex to enhance workers’ financial stability and work experience with more speed, ease, and convenience.
HR Tech Investments LLC, a subsidiary of Indeed parent company Recruit Holdings Co., Ltd, is reportedly an investor in Branch.
Same Day Pay and the Branch App are available to Flexers as of now.