Kelly is a staffing and workforce solutions provider headquartered in Troy, Michigan that operates globally. They place employees in all sectors of business, including finance, IT, education, law, light industrial, clerical, and beyond, giving them a diverse employee population. Another unique factor for their operations is that they process payroll weekly for temporary employees but bi-weekly for permanent staff. The company was seeking a financial wellness benefit that could provide a meaningful impact for all employees without requiring extra lift from payroll or IT.
Branch Features Used
Kelly knew they wanted to offer a financial wellness tool that could actually improve people’s day-to-day lives. They started to hear about earned wage access more and more, learning how it could help employees by granting them access to their own wages ahead of payday. This type of solution was especially useful for employees who had unexpected expenses crop up between paychecks.
Tracie Hoisington, Senior Director of Payroll & Global Finance Business Solutions, started researching different options for earned wage access providers, with a few non-negotiables in mind. It had to be a tool that was easy to use and free for both Kelly and their employees.
With Branch, Kelly found just that: a free earned wage access solution that wouldn’t cost their company or their workers anything to use—and as a bonus, it was easy for them to implement.
“We wanted something that had minimal reliance on our IT staff to implement,” confirms Terri Ministrelli, Director of Payroll Operations. “We didn’t want to see any changes to our banking or payroll processing.”
Helping address major financial burdens through free earned wage access, Kelly is now able to provide life-changing benefits to their workforce. Doing so has also had the added effect of helping attract and retain more talent.
“Branch has definitely been a free recruiting tool for us,” Ministrelli says, adding that the response from existing employees has also been overwhelmingly positive. And because employees are taking a free advance on wages they’ve already earned, they don’t incur interest like they would if they went with a risky payday loan or credit card instead.