Lead Software Engineer
CurrentIn charge of software development operations, including management of in house and remote developers, oversight of maintenance on multiple applications and planning/architecture of new projects/applications. Flexwage provides solutions to organizations who want to offer employer-sponsored financial wellness benefits. These solutions can prevent the bank overdraft fees and debt cycles that can occur from unforeseen or ill-timed expenses. The patented On Demand Pay technology interfaces with employer HR and payroll systems to provide employees with managed access to accrued wages within the pay cycle.Here is an example to illustrate the use.Imagine its the 6th day of the month and you get paid every two weeks so six days ago you got paid and had to pay your rent and car payment earlier in the week, now your car breaks down, it's a $300 repair and you only have $278 in your account but you have worked four 8 hour shifts this week, since you last got paid. Say you make $18 per hour, you have accrued a little less than $500 in wages (after calculating for various things like taxes, deductions etc). With On Demand Pay you can go online and transfer a percentage of your accrued wages into your account instantly, the transfer is simply deducted from your next paycheck.