money jumping from one hand to another Payroll loan company Lendly says the average loan is $1,000 and that the average employee pays it back in 26 installments of $62. (Photo: Shutterstock)

Major employers are increasingly providing loans to employees in an attempt to combat the negative effects of financial stress in the workplace.

A survey of 250 employers by the Employee Benefit Research Institute last year found that 12 percent already offer workers the option to get paid ahead of time, often for a small fee. Four percent of those surveyed said they plan to put in place accelerated pay in the future.

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