Fourth expands employee-friendly earned wage access offering with tip pay out
Txylo.com/10236391
Trending...
- Hephaestus Global Unveils Comprehensive PR Strategies Resource Site
- Billboard, Music Week, and DJ Times Charting Recording Artist, NOAH, Releases Groundbreaking Single "BABYMAKER"
- The Artist Cynthia Pinot Takes Switzerland And New York By Storm With Multiple Shows
Download
Fuego's new tip pay out solution reduces dependency on cash by automating the tip payout process. (Graphic: Business Wire)
AUSTIN, Texas--(BUSINESS WIRE)--Fourth, the leader in workforce and inventory management solutions to the restaurant, hotel, retail, and leisure industries, today announced that its Fuego™ on-demand pay solution has added automated tip pay out functionality to complement its existing earned wage access capability. Integrated seamlessly with Fourth's scheduling platform, HotSchedules®, Fuego allows employees to access their tips electronically and draw a portion of their earned pay before payday.
More on Txylo.com
Fuego's new tip pay out functionality automates the entire process and removes the tip cash out process from the manager's daily responsibilities – all at no cost to the business or for employees who have a Fuego Visa® Card*. The enhanced on-demand pay1 solution gives both employers and employees choice and flexibility over payments.
"We are excited to expand our earned wage access offering with tip pay out," said Clinton Anderson, CEO, Fourth. "Businesses today face unprecedented challenges attracting and retaining employees. As the only on-demand pay app fully integrated with the industry's #1 scheduling app, HotSchedules, customers experience more than 20% employee adoption, making it the best choice for retention."
By eliminating the need for excess cash in stores to pay out tips, employers can reduce their dependency on cash and the costs associated with cash collection, delivery, and insurance, while lowering security costs and the chances of theft or fraud. In addition, cash pickups are minimized, and employees benefit from safer commutes after shifts.
"One of the most surprising benefits customers realize is how seamlessly it integrates into existing systems," said Christian Berthelsen, CTO, Fourth. "Fuego is a cost-free benefit that helps customers reduce turnover and stand out in the competition for labor."
Fourth will be showcasing Fuego at the 2023 National Restaurant Association Show, May 20-23 in Chicago.
For more information on how on-demand pay can help you retain employees, please visit Fourth.com.
About Fourth
When every hour of every shift matters, Fourth helps restaurants, retailers, and hotels conquer the day with data-driven workforce and inventory technology. The Fourth Intelligence Platform leverages more than 20 years of rich data and advanced analytics to deliver actionable insights and demand forecasting for optimizing operations, maximizing margins, and empowering employees. With a streamlined business powered by Fourth Intelligence, industry operators can act with certainty and conquer with confidence whatever comes their way every day. Headquartered in Austin, Texas, Fourth serves more than 15,000 customers across 100,000 locations globally. For more information, please visit fourth.com (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Ffourth.com%2F&esheet=53400746&newsitemid=20230516005304&lan=en-US&anchor=fourth.com&index=5&md5=4a26c792490533e14e2282e916c84bde).
More on Txylo.com
*About Fuego Visa Card
The Fuego Card is enabled through Fourth's partnership with Central Payments and their Open*CP Fintech API Marketplace.
The Fuego Visa Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A., Inc. and may be used everywhere Visa debit cards are accepted. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at www.getfuego.com/legal (https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fgetfuego.com%2Flegal&esheet=53400746&newsitemid=20230516005304&lan=en-US&anchor=www.getfuego.com%2Flegal&index=6&md5=bdf000e0d1b949020f92354d46a4ffbc). If you have any questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free 24/7/365 at 1-855-715-8518.
1Central Bank of Kansas City does not administer nor is liable for on-demand page/wage draws.
Contacts
Scott Factor
Fourth
Scott.Factor@fourth.com
+1 216 299 9629
0) { // Create container for hi-res image jQuery('#bw-release-hires').append('
'); }; }); ]]>
Contacts
Scott Factor
Fourth
Scott.Factor@fourth.com
+1 216 299 9629
Fuego's new tip pay out solution reduces dependency on cash by automating the tip payout process. (Graphic: Business Wire)
- Fuego's new tip pay out solution reduces dependency on cash by automating the tip payout process. (Graphic: Business Wire)
AUSTIN, Texas--(BUSINESS WIRE)--Fourth, the leader in workforce and inventory management solutions to the restaurant, hotel, retail, and leisure industries, today announced that its Fuego™ on-demand pay solution has added automated tip pay out functionality to complement its existing earned wage access capability. Integrated seamlessly with Fourth's scheduling platform, HotSchedules®, Fuego allows employees to access their tips electronically and draw a portion of their earned pay before payday.
More on Txylo.com
- Sibble & Associates: Pioneering a New Era in Startup Investments
- Houston Landing Launches Its Full News Platform Featuring Robust Daily Storytelling Driven by Community Input and a Mission 'To Strengthen Democracy and Improve the Lives of All Houstonians, One Story at a Time'
- Noel Deyzel Shares Inspiring Journey of Recovery and Encourages Self-Care in New Video
- SWAPA Announces Cancellation of 24-Hour Picket
- Author Christina Maria Martinez Searches for Good Samaritan Who Saved Her Life 25 Years Ago
Fuego's new tip pay out functionality automates the entire process and removes the tip cash out process from the manager's daily responsibilities – all at no cost to the business or for employees who have a Fuego Visa® Card*. The enhanced on-demand pay1 solution gives both employers and employees choice and flexibility over payments.
"We are excited to expand our earned wage access offering with tip pay out," said Clinton Anderson, CEO, Fourth. "Businesses today face unprecedented challenges attracting and retaining employees. As the only on-demand pay app fully integrated with the industry's #1 scheduling app, HotSchedules, customers experience more than 20% employee adoption, making it the best choice for retention."
By eliminating the need for excess cash in stores to pay out tips, employers can reduce their dependency on cash and the costs associated with cash collection, delivery, and insurance, while lowering security costs and the chances of theft or fraud. In addition, cash pickups are minimized, and employees benefit from safer commutes after shifts.
"One of the most surprising benefits customers realize is how seamlessly it integrates into existing systems," said Christian Berthelsen, CTO, Fourth. "Fuego is a cost-free benefit that helps customers reduce turnover and stand out in the competition for labor."
Fourth will be showcasing Fuego at the 2023 National Restaurant Association Show, May 20-23 in Chicago.
For more information on how on-demand pay can help you retain employees, please visit Fourth.com.
About Fourth
When every hour of every shift matters, Fourth helps restaurants, retailers, and hotels conquer the day with data-driven workforce and inventory technology. The Fourth Intelligence Platform leverages more than 20 years of rich data and advanced analytics to deliver actionable insights and demand forecasting for optimizing operations, maximizing margins, and empowering employees. With a streamlined business powered by Fourth Intelligence, industry operators can act with certainty and conquer with confidence whatever comes their way every day. Headquartered in Austin, Texas, Fourth serves more than 15,000 customers across 100,000 locations globally. For more information, please visit fourth.com (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Ffourth.com%2F&esheet=53400746&newsitemid=20230516005304&lan=en-US&anchor=fourth.com&index=5&md5=4a26c792490533e14e2282e916c84bde).
More on Txylo.com
- We Decode Launches New Affiliate Program to Help Communities Improve Their Health
- Bahamas to Host the 2023 Caribbean Masters' Track and Field Championship Labor Day Weekend
- Research Urges Standardization of FDA's Human Factors Engineering Practices Within the Medical Device Industry
- Mannatech Announces Results of Annual Shareholders' Meeting
- Texas: Governor Abbott Signs Sweeping Package Of Border Security Legislation
*About Fuego Visa Card
The Fuego Card is enabled through Fourth's partnership with Central Payments and their Open*CP Fintech API Marketplace.
The Fuego Visa Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A., Inc. and may be used everywhere Visa debit cards are accepted. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at www.getfuego.com/legal (https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fgetfuego.com%2Flegal&esheet=53400746&newsitemid=20230516005304&lan=en-US&anchor=www.getfuego.com%2Flegal&index=6&md5=bdf000e0d1b949020f92354d46a4ffbc). If you have any questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free 24/7/365 at 1-855-715-8518.
1Central Bank of Kansas City does not administer nor is liable for on-demand page/wage draws.
Contacts
Scott Factor
Fourth
Scott.Factor@fourth.com
+1 216 299 9629
0) { // Create container for hi-res image jQuery('#bw-release-hires').append('
'); }; }); ]]>
Contacts
Scott Factor
Fourth
Scott.Factor@fourth.com
+1 216 299 9629
Filed Under: Business
0 Comments
Latest on Txylo.com
- Tomball Economic Development Corporation closes sale of final lot in Tomball Business & Technology Pa
- Stagwell's (STGW) Multiview Joins LinkedIn Audience Insights API to Develop More Relevant Campaigns
- Texas: Governor Abbott Announces Over $468,000 Job Training Grant To Dallas College
- L-Tron's OSCR Team Arrives at the 2023 TX IAI Conference in Austin
- Timing is Key: Discover the Advantages of Selling Now, Backed by Experts
- Croft Production Announces Portfolio Expansion & Diversification with Innovative Drilling Solutions
- Governor Abbott Names Jackson Interim Chair Of Public Utility Commission Of Texas
- HealthyMVMT Delivers Refreshment with Subscriptions for Water Infusions, Teas, and Lemonades
- Shook Deepens M&A and Corporate Capabilities
- Primary Arms has Signed on to Sponsor the 2023 IDPA World Championship
- Montgomery County ESD 10 Purchases Land for New Fire Stations
- Fairview Microwave Launches mm Waveguide Horn Antennas that Cover Broad Frequency Range
- Benchmark International Fcl the Trstn Btw Electromagnetic Industries LLP & Olympic Control Corporate
- Get Ready for Fireworks in Sexy Red, White, and Blue Bustier Babydoll Lingerie
- Financial IT Launches Fintech Pathfinder: Showcasing the Most Promising Fintech Startups
- Wágner Resurfaces with Second Single "I Ran" After 30-Year Hiatus
- HYSKY Society Publishes Free FLYING HY Hydrogen Aviation Event Prospectus
- Vision Hawk Films and Arctic Cowboys Join Forces for Northwest Passage Kayaking Documentary
- Texas: Governor Abbott Signs 8 Public Safety Bills Into Law To Protect Texans
- Author/Photographer David Goodman Announces June 27 Release of His New Book An American Cannabis Story