We drive significant retention improvements at scale because Even is the only product that actually has a meaningful, measured impact on your employees’ financial lives.
in company savings per 10,000 employees
turnover improvement vs on-demand pay
Walmart was interested in offering employees on-demand pay, but it didn’t think that would do enough to help its people. Its HR leaders chose to work with Even because they believed Even’s features for planning, spending, and saving altogether would help associates make progress towards true financial wellness.
As a forward-thinking company that offers progressive employee benefits, Noodles & Company was searching for an on-demand pay product that would do more than just help its workforce with short-term cash flow emergencies. Benefits leaders at Noodles recognized that Even could make a lasting impact in the lives of its team members by helping them build financial resilience.
Even helps members make their paychecks go further by avoiding waste—which helps companies keep employees focused and engaged at work.
plus in fees and interest have been avoided by Even members who use Instapay instead of credit cards, overdrafts, and loans
contributed to savings by Even members for things like plans, emergencies, and making progress in life
on average is saved by our members in the first three months of using Even
More than 50% of Americans live paycheck to paycheck. We’re trying to fix that by making it easier to make ends meet, make payments, and save money. See how we’re leveling the playing field.
of employees at Walmart, the world’s largest employer, use Even every month
of employees who try Even are still using it six months later
of employees who’ve used Even say it’s already had a positive effect on their financial health
Measurement is critical to implementing and maintaining a successful financial wellness program. Every six months, Even surveys members across all customers using the Financial Health Network’s innovative FinHealth Score™ methodology. We compare results on an ongoing basis, to ensure our services are delivering on the promise of our mission: to enhance financial wellness. Three quarters of the employees who’ve used Even say it’s already had a positive effect on their financial health.
“To see the results that we’ve experienced over the last six months, and the growing performance that we’re seeing month on month, is stunning. It honestly is stunning. It’s beyond our expectations.“
“We wanted to offer team members more than the basic instant pay service some restaurant companies are trying out. With Even, team members can benefit from advance wage access plus set aside funds for something special and create longer-term financial goals.”
“Getting paid early might solve a short-term problem, but it never really gets you to that long-term solution. That’s where the rest of the app within Even—the personal financial management tools—really can help them get to breaking that cycle of living paycheck to paycheck.”