Payactiv Partners with Workday to Advance Wage Access and Financial Wellness
Payactiv Partners with Workday to Advance Wage Access and Financial Wellness
In an innovative move supporting both employees and employers, Payactiv, a prominent provider of Earned Wage Access (EWA), has joined forces with Workday, a leader in enterprise cloud applications. Announced on July 23, 2025, this partnership aims to enable workers to access their earned wages at their convenience, thereby alleviating financial stress and promoting overall workplace satisfaction.
Addressing the Modern Needs of Workers
As inflation and rising living costs create significant challenges for many in today’s economy, traditional pay structures are no longer sufficient for fostering financial health. Individuals now seek more flexibility and security in their financial lives. Payactiv's EWA benefits empower workers to draw upon their earned wages before payday, thereby providing a much-needed cushion during financial emergencies. Recent data reveals that 75% of Payactiv users have successfully navigated financial difficulties tied to inflation, while businesses have reported a 30% increase in employee retention as a direct result of offering this benefit. This is especially pertinent in sectors such as healthcare and hospitality, where high turnover rates are often financially taxing for organizations.
A Partnership Built on Growth
“Growth should be mutual—when individuals thrive, businesses prosper,