Employees of firms that use Workday’s human resources, finance and IT platform can now select Chime within Workday for direct deposit, without manually entering their account details, Chime said in a Tuesday (Nov. 3) press release.
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Employees who select Chime for direct deposit will also gain access to the company’s suite of financial tools, including fee-free banking, high-yield savings, early pay and credit-building tools, according to the release.
These capabilities are enabled by an expanded partnership between Chime and Workday, and an integration of Chime through Workday’s Enhanced Direct Deposit (EDD) experience, per the release.
“By making Chime easier to choose inside Workday, we’re removing a barrier between getting paid and getting ahead,” Bill Gartland, vice president of Chime Enterprise, said in the release. “Together, we’re helping employees make more of their pay and giving employers another way to support the financial well-being of their employees at no cost.”
The expanded partnership complements Chime’s role as the Strategic Financial Wellness Partner for Workday Wellness, a partnership that enables employers to offer Chime Workplace and its financial wellness tools at no cost to the employer or its employees, according to the release.
“With Workday’s Enhanced Direct Deposit experience, we want to give employees real options for how they manage their pay,” Meraj Mohammad , senior director of strategic partnerships at Workday, said in the release.
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