What if you could receive your salary any day of the month, without having to wait for the month to end? This is what the startup Paynest is contributing to several companies. Helps employers offer More flexible conditions for paying salaries to workers. with the intention of fight debt. They started in Portuguese companies at the end of last year and at this moment They also operate in Greece and France.
“The financial health of employees is the biggest problem that companies have. Companies already help a lot in terms of physical and mental health, but they still do little in terms of financial health and that is where we act. We remove all the financial frictions. “Nuno Pereira, founder of Paynest, explained to TSF.
In addition to this functionality, the startup’s application It also provides articles on financial education. and personalized and confidential access to a area coaching team. Soon they will also have an expense manager to prevent workers from having to keep receipts.
“The company automatically reimburses it, which helps the person have much better financial health and that is where we really want to act,” announced the founder of the startup.
Once the company hires the startup’s services, the workers only have to install the application to immediately access available salary quotas, corresponding to the days already worked. Something that, according to Nuno Pereira, helps workers see “how much that day’s work was worth” and combat absenteeism.
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“Some of our customers complain that there are employees who prefer to go to work at the restaurant on the corner rather than work overtime at work because the restaurant pays on the spot, in cache or through MB Way. This assessment is very important. They’re helping companies bring this into their world, helping them have a lot more flexibility and feel instant gratification from work, which is very important for motivating people. win win for both,” he added.
Source: TSF
