YAD Healthcare, a leading provider of administrative and consulting services for skilled nursing facilities and rehabilitation centers, is prioritizing the financial health of its 1,400+ employees. YAD Healthcare sought to implement a financial health benefit that could also improve employee tenure and productivity, and a Smartlinx partnership led the company to Rain.

Increasing employee financial health

According to Tina Agosto, YAD Healthcare’s Human Resources Director, the primary motivation for implementing Earned Wage Access (EWA) was to remain competitive in the surrounding market and ensure employees could access their earned wages in case of emergencies.

YAD Healthcare recognized the importance of employee financial well-being and sought a solution to address this need while boosting morale and retention. Employees explicitly requested EWA for financial flexibility. Through their timekeeping provider, Smartlinx, YAD Healthcare connected with Rain, a Smartlinx partner, to implement EWA.

Smartlinx partnership leads YAD Healthcare to Rain

Following a referral from Smartlinx, Rain partnered with YAD Healthcare to provide EWA, aligning perfectly with the company’s focus on employee financial health. “Employee well-being was our top priority," affirmed Agosto, highlighting the driving force behind this decision.

Rain’s EWA solution enhances the employee experience by allowing seamless access to up to 50% of earned wages before payday. The streamlined signup process empowers employees to easily access their hard-earned wages, fostering a sense of security and satisfaction.

This partnership exemplifies YAD Healthcare’s commitment to innovative workforce solutions that prioritize employee welfare, while Rain’s tailored offerings boost adoption rates through an exceptional user experience.

Remarkable savings and results

Rain’s earned wage access benefit has delivered tangible results for YAD Healthcare, driving higher employee adoption rates, enhanced retention and improved productivity.

These valuable insights have revealed a significant increase in employee productivity and tenure, further validating the transition to EWA as a strategic move for YAD Healthcare’s workforce and operational efficiency.

• 55% of employees have active Rain accounts
• Employees who use Rain have a 48% lower turnover rate compared to non-users
• Employees who use Rain work 18+ more hours per month

An impactful partnership

By transitioning to Rain’s EWA platform, YAD Healthcare significantly boosted employee adoption rates, paving the way for improved retention and productivity. Implementing this financial health benefit has proven to be an undeniable success for the company. 

YAD Healthcare’s leadership team is delighted with the partnership, as EWA has positively impacted both employees and profitability. The company’s forward-thinking approach has solidified Rain as a valuable investment, creating an engaged workforce while reducing turnover costs.