The newest workplace perk looks a lot like a payday loan

The newest workplace perk looks a lot like a payday loan

When it comes to healthy financial habits, tapping your income ahead of payday is an old-school red flag.
However, a growing number of companies, including Walmart, are giving advances by offering what’s now called “accelerated pay.”
As a perk, roughly 12% of companies include accelerated pay as another way of luring job candidates as wages remain relatively stagnant across the board, according to…

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