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Can we limit employee usage or availability?
Can we limit employee usage or availability?

I have concerns about how employees will use their available wages.

Updated over 3 weeks ago

ZayZoon provides employees flexibility while still encouraging them to be financially responsible. Most payouts are taken for basic needs like gas, groceries, or to avoid late fees.

ZayZoon wage calculations naturally provide guardrails to encourage budgeting. With ZayZoon, employees can access 50-70% of net wages with one $200 payout per day and $1000 maximum per pay cycle.

We can lower the percentage below 50% of their net pay, but this can lead to employees taking sub-optimal payouts. These are smaller payouts, with a transaction fee each time, which exposes employees to incur more in fees overall.

We recommend speaking with your Account Manager to determine the best fit for your employees, whether through set limits or promoting ZayZoon's financial education for employees.

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