Person using phone app For employers challenged with attracting and retaining talent in today’s digital-first world, providing faster access to wages and tips can be a significant competitive advantage. (Photo: Shutterstock)

The idea of “payday” has been enshrined in our culture, immortalized in everything from country songs to movies. Getting paid on Friday, bi-weekly or the “first and 15th” in many ways is fixed in our collective consciousness.

But for a society that increasingly hates to wait, there’s a new way to think about pay: the ability for employees to access wages as they are earned, rather than on an employer-determined schedule.

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