subject
English, 19.04.2021 21:20 kaamri97

A local tech company says its instant-pay app can keep millennials from ditching work, and some major restaurant chains are starting to bank on that. The idea behind Vancouver-based Instant Financial’s app is to put cash in the hands of employees on the same day they work. That instant reward encourages employees to opt to flip burgers, clear plates and take orders as scheduled rather than chill at home — or so the theory goes.

A lot of big businesses are buying into the concept of instant pay, with McDonald’s, Outback Steakhouse, Earls, De Dutch and Mr. Mikes among the company’s clients to date.

But a credit counselling expert has concerns the app could discourage long-term financial planning for those who rely on it.

Here’s how the app works: at the end of each workday, an employee at a participating company can elect to take 50 per cent of his or her pay for that day’s work and transfer it to an “Instant account.” The other 50 per cent is paid out at the end of the company’s regular pay period.

Cash in an Instant account can be spent or withdrawn using a debit card, or it can be transferred to a regular bank account.

ansver
Answers: 3

Another question on English

question
English, 21.06.2019 14:10
Which element of a short story is most important in "the most dangerous game"? characterization language plot setting symbolism theme
Answers: 2
question
English, 21.06.2019 22:30
Select the indicate quotation that correctly sequences the verbs
Answers: 1
question
English, 22.06.2019 02:50
Which sentences from part 1 of the call of the wild would best serve as evidence of the theme "sometimes survival depends on knowing when not to fight"? buck had accepted the rope with quiet dignity. to be sure, it was an unwonted performance: but he had learned to trust in men he knew, and to give them credit for a wisdom that outreached his own. he had merely intimated his displeasure, in his pride believing that to intimate was to command. but to his surprise the rope tightened around his neck, shutting off his breath. he saw, once for all, that he stood no chance against a man with a club. he had learned the lesson, and in all his after life he never forgot it. that had given them an unfair advantage; but now that it was off, he would show them. they would never get another rope around his neck.
Answers: 3
question
English, 22.06.2019 05:20
What is this scene's impact on the audience? select two options. the verbal irony adds some humor to the scene. the verbal irony shows that brutus is honorable. the verbal irony shows the audience that casca is easily led. the situational irony shows the audience that brutus is honorable. the situational irony shows the audience that casca is not very smart.
Answers: 2
You know the right answer?
A local tech company says its instant-pay app can keep millennials from ditching work, and some majo...
Questions
question
German, 25.03.2020 00:06
question
Computers and Technology, 25.03.2020 00:07
question
Mathematics, 25.03.2020 00:07
Questions on the website: 13722363