Do your benefits work for your hourly workers?
Our employer-sponsored financial benefits platform provides the tools hourly workers need to manage their earnings and take control of their financial lives.
Even works for employers and employees
Even helps employers invest in a more resilient, reliable workforce by providing employees the tools they need to take control of their financial lives.
Why employers love Even
Boosts recruitment
74%
of employees say they’d choose an employer who offers financial benefits like planning, budgeting, and automated savings tools over one that doesn’t.1
Improves retention
41%
reduction in turnover. When employees use Even’s on-demand pay along with budgeting and savings features, they stay longer.2
Increases employer brand
76%
of members say that Even's financial benefits make them like their employer more. Happier employees are better employees.3
Even builds financial resilience
- Gives employees control of their financial lives
- Helps employees avoid predatory payday loans
- Reduces the risk of late and overdraft fees
- Builds emergency savings4
Saved for emergencies
$250M
Wages accessed early
$3B+
Fees avoided
$750M+
On-Demand Pay
Even’s on-demand pay feature, Instapay, allows employees to access up to 50% of their earned wages. As a result, Even members have avoided over $750M in fees and interest.
High Interest Savings
Using Even, members have automatically moved $250 million from their paychecks to savings. Even offers high interest savings (2x the national average), allowing employers to incentivize employee contributions to their emergency savings.5
Budgeting Tools
Our 650,000+ monthly active users get insight into upcoming bills and projected income. With an easy to read, up-to-date view of what’s “okay to spend,” members can stress less and focus more on work.
Projected Earnings
80% of Even’s members use the app weekly to track projected earnings.
Even connects with employees’ bank accounts so they see when money is coming in, and where it’s going.
Results from our happy customers
Even leads the market with the best earned wage access experience.
4.9 out of 5 stars rating
95,716 reviews
650,000 monthly active users
92% CSAT Score
Even ranked #43 fastest-growing company in North America on the 2021 Deloitte Technology Fast 500™
Even was recognized as one of the fastest growing technology companies and ranked 12th in the Bay Area.
Resources
Press
2. Walmart. (2021). Correlations Between On-Demand Pay, Holistic Financial Wellness, and Business Results: Relationship between use of the Financial wellness platform from Even and PayActiv and business results in 269,000 newly-hired Walmart Associates.
3. Even member data, 2021
4. Powered by Cross River Bank, Member FDIC
5. 0.125% APY as of 9/28/2021. Compare to the national rate. APY is variable and may change any time or after account opening. Powered by Cross River Bank, Member FDIC
