HONG KONG, 23 November 2021 / PRNewswire / – Leader Asia In-country payroll service provider Links International today announced the public launch of On Demand Pay. The functionality promoting employee financial well-being is built into Links One, a proprietary payroll solution which, along with Links 100% in-country services, has been named a “major competitor” in the evaluation of multi payroll solutions. -country (MCP) 2021 of Everest Group.
Visa study shows that in the United States, 95% of employees want access to on-demand pay – also known as earned wage access – and 79% of employees are willing to change jobs for the solution. As a payroll center in Asia, Links strongly believes in bringing pay-on-demand to Asia Pacific region to help promote better financial protection and employee well-being.
Links On Demand Pay gives employees early access to their earned wages. For employers, it’s one more way to keep their employees happy. Revolutionary technology allows businesses to pay employees what they’ve earned on any day during the payroll cycle and payments are processed within two hours of request through Links One without running additional payroll. This gives employees greater flexibility to better manage their finances. So when unforeseen costs and events arise, they can avoid short term, high interest loans from predatory lenders.
“With employees under increased financial pressure due to a recession, HR has new opportunities to offer financial wellness as a new form of benefits, to expand their role in helping employees to manage their financial well-being and also to have a unique offer for the employees of their company. value proposition, ”said Scott thomson, Managing Director of the Links International group.
As the global trend in employee experience and engagement ensues, businesses will need to move beyond conventional employee benefits. With advancements in payroll technology, employers can now offer solutions like Links On Demand Pay that have a direct impact on the financial well-being of employees, which will be the way forward in the battle to acquire and retain talent.
About Links International
Links International is asia Leading HR Outsourcing Technology Partner, providing 100% in-country service delivery, highly integrative solutions and user-friendly payroll technology. Vote asia Best payroll outsourcing partner for 7 consecutive years, their team of over 200 HR experts in Asia provide in-country support from 12 offices to 18 locations across Asia, providing HR advice from local market experts, including industry best practices and last mile services.
To learn more about Links International’s pay-on-demand, please click here.
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