WorkWhile, a San Francisco-based company using AI to connect businesses with flexible labor, is looking to help skilled workers prosper in a challenging economic environment. The company launched its Real-Time Pay feature for free to all workers on its platform, expanding the tool’s reach beyond independent contractors.
The feature offers workers access to a large portion of their earned wages the day after a completed shift at no cost to them. This launch is part of the company’s “Living Paycheck-to-Paycheck Is Dead” campaign, a series of initiatives geared toward educating workers and employers about the benefits of on-demand pay and how it helps foster financial wellness.
The campaign highlights the growing trend of U.S. workers across various income levels and economic classes depending on their next paycheck to meet their monthly expenses. In addition to its expanded real-time pay feature, WorkWhile launched its Rate of Increase of Salary and Earnings indicator to provide real-time insights on the state of the economy.
This new indicator, abbreviated as RISE, is a live data signal offering high-frequency measurement of year-over-year earnings growth, providing economists and policymakers with a real-time comparison of U.S. wage growth against inflation. RISE builds upon WorkWhile’s first index, the American Labor Utilization Rate, which tracked the continuous earning power of the country’s flexible workforce.
RISE is available nationally as RISE.US and on a state-by-state basis. WorkWhile is rolling out its Real-Time Pay feature in phases, starting immediately.
