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  • McDonald's & others are trying to appeal to millennial employees by offering daily paychecks

    10/26/2017 9:23:54 PM PDT · by nickcarraway · 75 replies
    San Francisco Chronicle ^ | Saturday, October 21, 2017 | Chris Weller
    McDonald's, Outback Steakhouse, and several dozen other food and hospitality retailers are using daily paychecks as a means to give low-wage workers more flexibility with their finances. Steve Barha, CEO of Instant Financial, the technology company enabling retailers' move to same-day pay, said the option is partly meant to cater to a preference shared by millennial employees that quick cash is better than waiting two weeks for a lump sum. "Basically, their life is real-time," Barha told Business Insider. "Their communication is real-time. Their transportation is real-time, with Uber and Lyft. So this program really aligns with their real-time life...