
Paycom's Everyday is a daily payroll solution that allows employees to receive earned wages daily on a Vault Visa® Payroll Card, enhancing financial flexibility.
Vendor
Paycom Payroll
Company Website
Paycom's Everyday is an innovative payroll solution that enables employers to pay their employees on a daily basis. This software feature integrates with Paycom's Employee Self-Service platform, allowing workers to receive their earned wages the next day instead of waiting for the traditional payday. Everyday automates the process of calculating and withholding taxes, benefits, and deductions, ensuring compliance and accuracy while providing employees with greater financial flexibility.
Key Features
Daily Wage Payments Employees receive their earned wages daily on a Vault Visa® Payroll Card
- Next-day payment for each day worked
- Automated calculation and withholding of taxes, benefits, and deductions
Integration with Beti® Seamless integration with Paycom's existing payroll system
- Employees can view current and future payments
- Enhanced reports for employers to reconcile daily payments vs. scheduled payroll
Automated Compliance Ensures accurate tax and deduction calculations
- Protects against overpayment
- Reduces the risk of penalties
Benefits
Enhanced Employee Financial Wellness Provides employees with immediate access to earned wages
- Helps cover daily expenses and unexpected costs
- Reduces financial stress and improves overall well-being
Competitive Advantage for Employers Offers a unique benefit to attract and retain talent
- No additional cost for employers to implement
- Improves employee satisfaction and loyalty