Clair and Criterion partner to offer On-Demand Pay to mid-market businesses
By Leandra Monteiro
Clair, a New York-based mission-driven digital banking platform, announced a partnership with Criterion to offer free on-demand pay through Clair to the HCM software firm’s clients and employees.
Criterion empowers organisations to streamline their critical HR, payroll, talent engagement, and workforce management processes. By partnering with Clair, they extend that mission to help empower employees to take control of their finances.
The partnership will provide financial confidence to employees in Criterion’s network with Clair On-Demand Pay and a suite of free financial services such as the Clair Debit Mastercard®.
Clair is breaking the paycheck-to-paycheck cycle by offering hourly workers free, on-demand access to their earnings whenever they need it. It’s technology embeds seamlessly into human capital and workforce management platforms providing a valuable financial wellness benefit without having to disrupt the employer’s payroll processes or cash flow.
“We are living in a ‘talent first’ economy where employers need modern day solutions that can directly improve the lives of their employees. Through our partnership with Criterion, the Clair On-Demand Pay solution will accelerate their clients ability to recruit new hires, increase productivity, and ultimately maximize employee retention. Criterion will now be able to provide the most sought after financial wellness solution on the market to thousands of workers who use their software. Our goal is to help elevate Criterion’s position as a premier HCM service provider by increasing the value they can give to all of their clients,” said Dan Mayton, Clair’s VP of Strategic Alliances.
“We know that one-size-fits-all doesn’t work anymore, and that includes when people get paid for their work,” said Sunil Reddy, CEO, Criterion. “This partnership with Clair allows us to give workers greater control over their financial wellness without compromising on great service and security.”
With easy, integrated connectivity to Clair On-Demand Pay, Criterion clients can offer their employees greater flexibility in access to their earnings with neither the company nor the employee incurring any costs.
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