Working pay cheque to pay cheque is serious struggle for most employees as bill payments are a very different process for everyone, so, with this in mind, Gusto developed a flexible payment system that allows employees to select their own pay dates, instead of leaving it in the hands of employers.
Flexible Pay is Gusto's way of demonstrating dedication to its employees, as the system highlights the idea of autonomy, life-work balance and individuality. With the system, individuals will still get paid every two weeks, but they can select which times of the month they'd like to receive their cheque. This means that an employee can have their funds deposited when its most convenient for them.
Flexible Employee Pay Systems
Gusto Offers Its Employees Flexible Payment
Trend Themes
1. Flexible Employee Pay Systems - Gusto's flexible payment system disrupts traditional pay schedules, allowing employees to choose their own pay dates.
2. Autonomy in Pay Schedules - Gusto's flexible payment system empowers employees to take control of their pay schedule, promoting autonomy in the workplace.
3. Customized Payment Options - Gusto's flexible payment system offers employees the opportunity to customize their payment schedule, catering to individual needs and preferences.
Industry Implications
1. Human Resources - Gusto's flexible payment system presents a disruptive innovation opportunity in the human resources industry, revolutionizing traditional pay systems for employees.
2. Payroll Services - Gusto's flexible payment system offers a disruptive innovation opportunity in the payroll services industry, providing a unique and customizable payment solution for employers and employees.
3. Financial Technology - Gusto's flexible payment system represents a disruptive innovation opportunity in the financial technology industry, transforming how payments are processed and managed for businesses and individuals alike.