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Earned Wage Access: A financial product for the well-being of Indian employees
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financialexpress.comThe financial well-being of Indian employees has often been discussed but rarely researched. A recently launched report titled “Earned Wage Access in India: The final frontier of employee wellbeing” gives a ringside view of the state of financial well-being of Indian employees. The report has been launched by Refyne, India’s first and largest Earned Wage Access (EWA) solution provider, in partnership with Ernst & Young.
EWA is a financial product that enables employees to access a portion of their earned salary at any time before their payday, with the remainder being paid at the end of the pay period without disrupting the payroll. This helps them to better align their income and expenses, and reduce their need for high-interest credit
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