Employee financial stress and uncertainty is at an all-time high. Even’s Daily Money Platform gives employees visibility into their daily earnings, access to pay when they need it, and the power to plan--before payday arrives. And to help during COVID, we're partnering with companies to offer Even more quickly, for free.Our emergency response
of Americans live paycheck to paycheck, regardless of income
of employers report absenteeism and tardiness due to employee financial stress
increase in retention when employees use Even
Even connects to your payroll system to let employees send their wages straight to savings to help with bills or debt. Or, send some of their paycheck to themselves in an emergency (even if payday hasn’t come yet).
The home screen shows employees a number for how much they can spend, by subtracting upcoming expenses from their current bank balance.
Borrowing money can be problematic. Instead, Even lets employees get access to their own wages that they've already earned, before payday, without added fees or interest.
By connecting to employees’ bank accounts we can detect which expenses employees pay regularly, and help plan for future expenses.
Employees choose a percentage they’d like to save from each paycheck, and Even takes care of it by automatically routing those funds to a separate Even-managed account.
Even delivers unprecedented ROI for businesses because it meaningfully reduces stress for employees. By providing not just the short-term cash flow they need to get by, but also helping with healthy planning, spending, and saving that helps them make progress, Even gets high adoption from employees and provides huge savings for employers.
We make money by charging a flat monthly membership fee that employers can choose to subsidize. We believe in financial services that help employees get ahead instead of holding them back, and we’ve built our entire business around this principle.
We work with top employers who offer our Daily Money Management Platform as a benefit. Those companies describe adoption of Even as “stunning,” and their employees call the app “a life saver.”