The human capabilities are rooted in a myriad of different things, but when push comes to shove, nothing defines them better than our tendency of growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow keep on delivering the right goods. The same has grown increasingly evident over the recent past, and assuming one new HRM-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
Checkr, a leading HR technology company powering the future of work, has officially announced the launch of two new solutions in Checkr Onboard and Checkr Pay. According to certain reports, the stated solutions are geared towards simplifying payment and onboarding processes, and simultaneously accommodate the pressing needs of a flexible and mobile-first workforce that is notably projected to grow by 23% over the next two years. But how will the whole value proposition look on a deeper level? Well, integrating directly with Checkr’s proprietary platform, Checkr Pay will provide you, for starters, an instant access to wages. As financially stressed earners are twice as likely to seek new job opportunities, Checkr Pay ensures greater retention by unlocking the access to wages without any delay whatsoever, and guess what, it doesn’t mandate any fees or third-party redirection to do so. The workers can just fish out a free digital Checkr debit card to get their money right from within the company’s app. Posing as an extension to the previous feature, Checkr Pay further helps its parent platform in operating like a traditional bank when it comes to offering payday loans and advances. The big difference, however, is the fact that it won’t be charging excruciatingly high fees to someone in need of this particular service. Instead, potential borrowers can come in expecting a rather user-friendly mobile experience, and if that doesn’t sound like a lot, then we must acknowledge how they can also expect advantages such as optional tax management, discounted 1099 filing, and integrated, tailored benefits. Such a facility becomes important once you consider that literally 70% of gig workers are found to have less than $1,000 or less in savings, thus presenting a clear need for a source of immediate earnings. Not just workers, even employers stand to benefit from Checkr Pay. You see, the solution brings to the fore a new revenue stream for organizations through comprehensive interchange revenue sharing programs and shortfall support. This it does alongside its effort to ease the companies’ usual operational burden with a 24/7 support center.
The development of Checkr Pay provides an intriguing follow-up to one report where it was claimed that nearly 76% of earners are now prioritizing instant earnings access. This loosely translates to a possibility that delayed payments could mean losing top-performers.
“Checkr Pay seamlessly integrates with our system, providing our caregivers with no-fee instant payments and improving our ability to attract and retain top talent,” said David Smith, Chief Product Officer at UrbanSitter. “Our Member Services team is no longer spending countless hours addressing payment issues; Checkr Pay, along with its integrated background check solution, has significantly streamlined our operations.”
Next up, we must get into Checkr Onboard, which improves experience big time by packing different processes into one. More often than not, new hires are made to go through multiple avenues like screens, emails, and texts, before their onboarding is considered as complete. Given the fragmented level of focus it creates, this sort approach directly births confusion, but fortunately enough, Checkr Onboard treats that problem at its very root. Delivering a unified process at your disposal, the solution also introduces automated reminders that are there to guide you through every step so to reduce uncertainty and accelerate things. Another detail worth a mention regarding Checkr Onboard is the fact that it is highly configurable. Conceiving for you a drag and drop interface, the feature has on the offer a variety of templated steps, including signature collection, ID and document upload, video recording, background checks, scheduling, and custom forms.
From what is being observed across the product’s initial deployment, companies that used Checkr Onboard were able to cut back on their onboarding time by 35%.
“Our vision at Checkr is to construct the building blocks of the future workforce. We’ve embarked on this journey by streamlining the entire process of hiring and retaining flexible workers on a global scale with our suite of embeddable products,” said Daniel Yanisse, Co-Founder and CEO of Checkr. “Pay and Onboard serve the increasing need for hiring infrastructure tailored to the flexible economy. We are listening to our customers’ demands for solutions that make hiring and retaining talent a seamless process.”