Popeyes Philippines, a global fast-food brand renowned for its Southern-style fried chicken and Cajun-inspired cuisine, has partnered with Paywatch to offer Earned Wage Access (EWA) as a new employee benefit. This initiative represents a new-generation approach to enhancing financial support for its workforce.
Executives and team members from Paywatch
and Popeyes Philippines gathered to celebrate their new partnership, which aims
to empower Popeyes employees with on-demand Earned Wage Access (EWA). |
Popeyes returned to the Philippines in 2019 and has quickly expanded to over 50 outlets nationwide. With a focus on modernization and digital transformation, the company’s commitment to innovation extends to employee welfare. In an industry characterized by rapid growth and high employee turnover, Popeyes aims to improve workforce well-being with EWA—a program that enables employees to access a portion of their wages before payday. This service provides greater financial flexibility for daily expenses and emergencies, helping to reduce reliance on short-term loans.
Enhancing Operational Efficiency Amid Industry Growth
As the demand for convenience food continues to surge, the Philippines' quick service restaurant (QSR) market is projected to reach $7.9 billion by 2026, driven by the fast-paced lifestyle and evolving preferences of Filipino consumers, according to Allied Market Research.[1] To keep up with this anticipated growth, Popeyes is investing in operational efficiency through a workforce empowered by financial stability. With EWA, employees can access a portion of their earnings before payday without incurring debt or hidden fees. This immediate financial support reduces financial stress, translating to improved attendance, higher retention rates, and significant cost savings on retraining and rehiring, ultimately enhancing operational efficiency.
In photo is the Chief Finance Officer of Popeyes Philippines. Ed Kintanar—emphasizes the strategic importance of employee well-being in Popeyes’ operations. |
"Retaining employees effectively helps
our company avoid productivity setbacks. We believe that implementing EWA will
enhance our employees’ well-being, leading to improved productivity and higher
retention rates.," said Ed Kintanar, Chief Finance Officer of Popeyes
Philippines. "Paywatch’s expertise makes them the ideal partner to help us
introduce this innovative benefit."
Empowering Employees Through Financial Flexibility
Globally, Paywatch’s EWA solution has been
adopted by leading brands, including well-known food service companies. By
partnering with Paywatch, Popeyes Philippines demonstrates its leadership in
employee welfare within the local QSR sector. The initiative not only aims to
boost employee satisfaction but also to optimize business operations by
fostering a more resilient and engaged workforce.
"Paywatch is committed to advancing
financial wellness across diverse sectors, including food service and
retail," said Rowell Del Fierro, President of Paywatch Philippines.
"We are excited to see the positive impact that EWA will bring to both
employees and businesses, knowing it can enhance financial well-being while
also improving overall operations."
By implementing Paywatch’s EWA program, Popeyes is setting a new benchmark for employee care in the fast-moving QSR industry, ensuring that its team is not only financially secure but also highly motivated to deliver exceptional service.
For more information about Paywatch, please visit https://www.paywatchglobal.com/
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