Simplify cash advances while also speeding up recruitment? Security agencies M2C and Solid Security managed it thanks to the Earned wage access benefit. This service from Advanto lets employees access part of their earned wages at any time during the month. It takes administration off companies’ hands and brings more effective employees.
Unexpected expenses are not the exception
Working in security services is demanding – shifts often run back to back without breaks, the environment tends to be monotonous, yet it requires constant attention. While employees do important work, just like anyone else they often face unpredictable expenses. What if a higher energy bill arrives? Or the car they need to get to their shift breaks down?
Almost 60% of Czechs are unable to cover an unexpected expense of CZK 13,600 without difficulty1. It is in exactly these moments that having the option to access pay before payday makes sense. Today, hundreds of employees at security agencies use this option thanks to Advanto – and the results speak for themselves.
From cash to an app
With 8,500 employees, M2C is among the largest employers in the industry. It introduced Earned wage access in response to the need to modernize its earlier system of providing advances, which were paid out in cash. That system was not only administratively demanding but also inflexible and difficult to control in an operation with thousands of employees across the country. By introducing Advanto, the company significantly simplified its processes while retaining the ability to support employees in cases of financial hardship. The benefit was rolled out gradually – by individual entities and regions. Today, Earned wage access is available to a wide range of workers across the company.
Solid Security, on the other hand, decided to introduce Advanto primarily as a recruitment support tool. In the competitive environment of security services, it was looking for a way to stand out while also offering something that would be genuinely beneficial to candidates. Earned wage access was thus introduced as a new benefit – simple, digital, and requiring no approval. Nearly 30% of employees are currently registered in the system, and the company uses the benefit as part of its recruitment communication.
Pay as a tool of trust
Every security agency works with Earned wage access a little differently. At Solid Security, withdrawals happen without any need for approval. M2C, by contrast, chose a less conventional approach to the benefit – every withdrawal must first be approved by a supervisor. Whatever the approach, one thing remains the common denominator – supporting employees’ financial stability and flexibility.
For field workers, the benefit is not just a nice bonus – they often see it as a tool that has helped them manage difficult situations. And in return, companies gain more satisfied and loyal colleagues who know they can rely on their employer.
Hundreds of employees use the benefit
Earned wage access has become a regular part of employees’ lives at security agencies. Each user requests a wage withdrawal an average of twice a month. That means one employee withdraws an average of almost CZK 6,000 a month – an amount that can already help bridge a financially demanding period.
For employees, this means greater financial security; for the company, more stable teams. Employees who have access to their pay at any time deal with absenteeism less often, and the benefit also helps with both recruitment and retention.
Higher retention and easier recruitment
In a segment where high turnover is an everyday reality, Earned wage access helps agencies stabilize their workforce. Because employees have greater control over their finances, they feel more secure – and loyalty to the employer grows. Combined with other HR tools, Advanto becomes a practical ally in the fight for talent – and at the same time a simple benefit with a concrete, measurable impact.
Curious how Earned wage access could help your company too? Get in touch with us.
