EWA (earned wage access) is a crucial part of your benefit package. With October's Open Enrollment season looming, you shouldn't put EWA on hold as it could lead to business loss and  poor employee retention and engagement. Reasons to invest in an EWA solution now are:
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1. Employees Need Relief Now

Financial stress isn’t seasonal. Workers face unexpected expenses every day. Whether it’s a car repair, medical bill, or higher grocery costs, life doesn’t wait. Waiting until open enrollment to introduce ImmediatePay leaves employees without the tools they need to bridge the gap.

• Result: Lower morale and more disengaged employees.
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2. Delayed Action = Missed Retention Opportunities

Turnover is one of the costliest challenges businesses face. The cost to hire new employees has reached a staggering average of $4,700.  Research shows employees are more likely to stay when they have access to EWA. By postponing until open enrollment, companies risk losing valuable talent to competitors who already offer it.

• Result: Higher recruiting and training costs.
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3. Scheduling & Attendance Struggles Continue

81% of surveyed ImmediatePay users said they’re more likely to show up for a shift when they have access to their pay. Waiting months to add EWA means absenteeism and scheduling headaches continue unchecked.

• Result: Staffing shortages and inconsistent operations.
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4. The Market Won’t Wait for You

Today’s job market is competitive, and employees are actively comparing benefits. If your organization waits until open enrollment, you may already be behind peers who added on-demand pay options sooner.

• Result: Losing out in recruiting and employer brand positioning.
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5. ImmediatePay Gets Lost in the Shuffle of Open Enrollment

Open enrollment is often overwhelming—for HR teams and employees alike. With health, dental, vision, retirement, and dozens of other options competing for attention, Immediate can easily get buried in the noise.

Employees may skim past it, not fully understand its value, or confuse it with other benefits. As a result, one of the most impactful, day-to-day benefits you can offer risks being underutilized.

• Result: Lower EWA adoption.
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The Smarter Move: Add Immediate Today

Unlike health or retirement benefits, Immediate doesn’t require open enrollment. It’s easy to implement and easy for employees to use. By adding Immediate now, you show your workforce that leadership is proactive, responsive, and invested in THEM.

Waiting until open enrollment doesn’t just delay benefits—it could hinder your business. Book a call to learn more here.