UniFocus, a provider of Workforce Management Systems, announced a partnership with Rain, a global leader in financial wellness, to deliver employers a solution that equips employees, both hourly and salaried, with more control over their pay and finances. Addressing rising concerns about costs of accessing wages, unbanked staff, and high turnover rates, UniFocus will integrate Rain’s on-demand, automated payment system into their leading workforce optimization solutions.
“A disproportionate number of hourly hospitality and restaurant employees are unbanked and/or using predatory financial products to access their wages,” said Mark Heymann, CEO of UniFocus. “The financial issues that workers face when accessing wages and remaining unbanked often leave hourly employees vulnerable to predatory financial products just to make ends meet. Our partnership with Rain gives operators a competitive edge in the labor market and empowers staff by offering employees more control and flexibility over how and when they are paid, delivering an incredible, tangible, meaningful benefit to hourly employees. The integration of UniFocus and Rain technologies puts us in the unique position to truly help employees in a way that makes a substantial difference in their lives.”
Available as a secure app with a convenient log-in and simple verification system, employees will have the option to access up to 50% of their earnings after each shift, receiving the rest of their wages on their designated payday. UniFocus’ innovative and elegantly integrated, accurate tip-pooling systems, which operate in real-time, will ensure that tipped employees can equally benefit from the ability to access wages daily. All UniFocus partners using Labor Management and/or Time Attendance will be able to seamlessly access this benefit. This will also improve our partners’ ability to attract and retain talent, especially in today’s tough labor market.
“We are excited to partner with UniFocus because of their forward-thinking approach to developing best-in-class workforce management solutions,” said Alex Bradford, CEO at Rain. ”At Rain, our mission is to kill predatory financial products and guide people to economic freedom. We provide a vastly better alternative for employees who depend on payday loans and overdraft fees to make ends meet. Together with UniFocus, we are giving employees control over their income and finances, while providing employers with the ultimate employee engagement tool that drives productivity, retention, and recruiting.