Restaurants & QSR
Boost employee engagement and improve retention rates by offering on-demand pay, leading to a happier, more motivated team that delivers exceptional customer service.
Quick-service restaurants (QSRs) are navigating multiple obstacles as they welcome customers back.
Labor shortages, supply chain disruptions, and rising inflation are making recovery more complex for restaurant owners looking to regain their footing after the pandemic.
To overcome these challenges, prioritizing staff retention and satisfaction is essential to ensure consistent, high-quality customer service.
On-demand pay is an effective tool for boosting employee satisfaction and engagement, leading to lower turnover and more successful hiring. By including EWA options in job postings, some restaurants have found they can fill roles more quickly, easing staffing shortages.
With turnover rates in QSRs among the highest across industries—reaching over 100%—retaining staff is critical for smooth operations. Additionally, offering on-demand pay improves employee perception of their workplace, with a majority expressing a positive view of employers who provide flexible pay options.
When employees feel unsupported, workplace morale suffers, leading to higher turnover and a decline in customer service quality. Offering benefits like on-demand pay can significantly enhance employee satisfaction, improve retention, and foster a more motivated and engaged workforce.
In India’s QSR sector, with an attrition rate often exceeding 10-40%, investing in financial wellness programs like on-demand pay can make a tangible difference. Such benefits help employees feel more valued, encouraging a positive outlook toward their employer and leading to an overall enhanced customer experience.
Research shows that a majority of employees (72%) prefer having access to their earnings before the usual payday, highlighting the growing demand for financial flexibility. On-demand pay solutions enable employees to access earned wages whenever they need, helping them manage bills, grow savings, and enhance their financial stability.
Restaurants and quick-service restaurants (QSRs) that implement on-demand pay report reduced turnover costs, increased staff productivity, and enhanced customer service as a result. By offering employees this benefit, companies in the restaurant sector can foster a more engaged workforce, ultimately improving the overall dining experience for their customers.
Cost Savings
Offering on-demand pay has been shown to improve employee retention by up to 63%, resulting in substantial savings in replacement costs for QSRs and restaurants. This financial wellness benefit helps reduce turnover, minimizing the costs associated with recruiting and training new hires
Improved Productivity
Access to earned wages motivates employees to be more committed to their roles. Around 56% of employees report feeling motivated to pick up additional shifts, while 59% feel more encouraged to attend work, directly impacting productivity in fast-paced environments like QSRs
Happier Customers
When employees are satisfied and engaged, they’re 20% more productive and tend to deliver superior customer service, which can lead to increased customer loyalty. Satisfied staff members create positive customer experiences, helping boost repeat visits and strengthen brand loyalty
Faster Hiring
Promoting on-demand pay in job listings has been shown to reduce the time needed to fill positions significantly. This competitive advantage allows companies to hire faster, avoid staff shortages, and ensure smooth operations in a challenging labor market
Experience what the gold standard in on-demand pay can do for your business and your employees.