Earned Wage Access vs. Payday Loans : What Employers Need to Know
Payday lenders took $2.4 billion in fees from borrowers in a single year (CRL, 2025).The earned wage access vs payday loans debate starts there, with a cost that lands on hourly workers across healthcare, retail, logistics, and hospitality, and ultimately shows up in employer turnover data. Employers rarely know this is happening. Payday lending takes…
The Turnover Signal Healthcare Employers are Missing
Across the healthcare industry, workforce attrition remains one of the most persistent and costly operational challenges facing HR and operations leaders. Annual turnover in home care reaches 77% (PHI National, 2025). CNA attrition in long-term care runs between 50 and 65% annually (AHCA, 2025). Sign-on bonuses, referral incentives, and wage increases have not moved these…