from Hacker News

Gusto allows employees on their platform to get paid whenever they want

by edawerd on 6/21/18, 9:03 PM with 3 comments

• by tlb on 6/21/18, 9:51 PM

  My startup paid monthly, which was the least work. But then some employees wanted bi-weekly, and others pointed out the semi-monthly made more sense because it aligned with rent payments. Switching is a fair bit of work. I would have loved a feature that lets people get paid whenever they like.

• by mallyvai on 6/21/18, 9:07 PM

  Curious about this part:

    without cash in a checking account, people often have to resort to predatory financial products like payday loans or high-interest credit cards in order to make ends meet.
  
  

  In the testing for this product, was there a noticeable decrease in employee reliance on payday loans?