For all Technical Support requests, please call the CPU office:
573-334-2420
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Monday to Friday
8 a.m. to 5 p.m.
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We appreciate the opportunity to support your business.
Is your company finding it tough to attract and retain top talent? You’re not alone.
While compensation is important, it’s rarely the top factor driving job satisfaction. More often, employees are seeking meaningful work, opportunities to grow, and a strong, supportive company culture.
So what does that mean for you as an employer? How can you rise to the challenge?
Start by looking at how your benefits package impacts your employees — not just at work, but in their everyday lives. The right benefits can ease stress, provide security, and create a stronger sense of support, all of which feed into a more positive workplace culture.
One simple yet powerful benefit we recommend starting with is wages on demand, also known as daily pay, powered by ZayZoon.
Used by businesses of all sizes, wages on demand gives employees access to a portion of their earned wages before payday. Through a secure platform, employees can access up to $200 per day for a flat fee of $5, which is automatically deducted from their next paycheck — effectively shortening the pay cycle.
For employees, quicker access to earned income can relieve financial stress caused by gaps between paychecks. Research by ZayZoon shows that the average user saves $702 annually by avoiding overdraft fees, payday loans, and late payment penalties. Additionally, a study by Visa found that 95% of hourly workers prefer employers who offer on-demand pay.
So, what’s in it for employers? Simply put, a less financially stressed employee is more focused, more satisfied, and less likely to seek other opportunities. Companies offering wages on demand have seen a 5% drop in hiring costs, a 15% adoption rate among employees, and a 29% decrease in turnover for those using the benefit.
Wages on demand carries no financial risk or liability for the employer. Funds are recouped automatically in the next payroll cycle. Implementation is straightforward — payroll or HRIS systems are used to set up secure accounts, with no added administrative burden. Plus, users benefit from CPU’s local support along with 24/5 support from ZayZoon.
Attracting and retaining top talent is key to your company’s success. Let CPU help your business stand out.