Malaysia’s guardian Launches In-demand Pay-on-demand Program In Employee Benefits

guardian Malaysia partners with Paywatch to launch on-demand pay program, aiming to increase financial wellness of team members.
by Jamie Wong

Credit: guardian Malaysia

guardian Malaysia partners with Paywatch to introduce a pay-on-demand option into their employee benefits programme, the Earned Wage Access (EWA) program.

The EWA programme is part of guardian’s efforts to attract and retain talent. This initiative allows guardian team members to access part of their pay before their scheduled payday.

About partner Paywatch

The program emerged from a collaboration with Paywatch, the first bank-backed EWA player of Southeast Asia, backed by UOB, OCBC Bank, and Hana Bank.

With a B2B model, Paywatch aims to help employers adopt more flexible payment models, to better recruitment efforts, engagement, and retention. The company has signed with over 300 companies in Asia.

“Emergencies and unforeseen circumstances often induce financial pressure and this is exacerbated amongst employees who have little or no access to credit or savings.” Said Alex Kim, Co-founder and President of Paywatch.

This story originally published on The Peak Singapore.

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