Flexible and cost-effective payment method gives employees optionality and a more convenient method of pay while offering HR managers an easy and compliant way to enroll employees.
DENVER, Aug. 2, 2022 /PRNewswire-PRWeb/ -- TalentReef, the only talent management platform purpose-built for the hourly workforce, today announced that they have added a new integration with ADP's Wage Payment Module, Wisely Pay by ADP.
The integration allows for a compliant way to streamline and create optionality in the wage payment process. Instead of a traditional bank account, pay is deposited into the paycard account. Employees can then store or spend their money using their paycard. Paycard accounts have many of the features of a traditional bank account but may have fewer fees.
"Wisely Pay by ADP offers flagship paycard and Earned Wage Access (EWA) functionality all in a single, easy-to-use app. As TalentReef expands our partnership ecosystem, we are always on the search for cutting-edge HR functionality to increase applicant flow and retain top talent," said Alex Miklin, Vice President of Strategic Markets at TalentReef. "We believe ADP offers a wide variety of robust features that complement our recruiting product suite. Customers will now have the ability to subscribe to the Wisely Pay App on the ADP Marketplace with an embedded experience in TalentReef."
Today's workforce is evolving and employees expect more advanced pay options. A Wisely paycard offers a single location for all funds, including additional income, tax refunds, child support payments, and more, plus cash access from a broad network of fee-free ATMs, banks, and point-of-sale cash-back; and bill payment, peer-to-peer transactions, and mobile purchases through digital wallet functionality (Google Pay® and Apple Pay®).
ADP's administrative portal allows HR managers to enroll and fun one or multiple cardholders with just a few mouse clicks. Employees can enroll in Wisely Pay just as quickly, making moving your company toward 100% paperless payroll that much easier. Wisely Pay enables compliance with federal and state regulations in all 50 states. Wisely is safe and secure, with EMV chip card features available for personalized cards, combined with Visa zero-liability policy and geo-fencing technology so cardholders have protections from fraud if the card is lost or stolen.* Accounts are also FDIC insured.
"We at ADP are super excited about our partnership with TalentReef and the new integration with our SmartCompliance® Wage Payment Module and Wisely Pay by ADP. For employers using TalentReef, this integration will allow for easy, efficient, compliant way to streamline and create optionality in the wage payment process," said Jessica Dunn, Director of Alliances at ADP.
TalentReef solves talent management for the hourly workforce. Our unique combination of industry expertise and digital innovation drives more quality candidates, creates efficiencies, ensures compliance, eliminates errors in the hiring and onboarding process, and empowers great enterprises to retain talent longer. As an industry-leading talent management solution provider, we leverage over a decade of serving national brands at more than 100,000 locations to establish optimized recruiting, hiring, onboarding, training, and assessment workflows. Our platform integrates seamlessly with business systems to create a single, streamlined experience for all internal and external stakeholders. For more information, go to http://www.talentreef.com.
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
*Forbes; Global Findex: "Banks Need To Focus On A New Customer: The Unbanked"- May 2017
Abbie Mood, TalentReef, 720.460.0066, firstname.lastname@example.org