Dec 12, 2022

Virtual hiring, flexible scheduling, and earned wage access help attract and retain employees as labor crisis continues. Fourth , a provider of intelligent workforce and inventory management technology for the hospitality and retail industries, has announced that its integrated applications boost staff satisfaction and improve employee retention by 36%. HotSchedules ,  PeopleMatter , and  Fuego  – all part of the  Fourth Intelligence Platform  – enable restaurant operators to combat labor shortages with solutions that attract and retain employees. With Fourth’s end-to-end Intelligence Platform, restaurant operators can remove friction from the hiring process, implement optimal staffing, and empower employees with flexible pay. “The average restaurant is losing between 10-15% of the revenue it could be earning, if it had access to the staff necessary to operate at full capacity,” said  Clinton Anderson , CEO of Fourth. “With labor shortages mounting, operators must accelerate their hiring process. Plus, using earned wage access to ease employees’ financial strain is a huge benefit to both employee and employer. Our integrated solutions enable operators to differentiate and compete for talent in today’s challenging labor market.” This sentiment is echoed in a  recent Visa report , which states that 79% of employees would leave their current employer for one offering earned wage access. Fuego, Fourth’s same day pay app, is the only earned wage access solution fully integrated within a scheduling app, HotSchedules, and it comes at no added cost for customers. This integrated functionality within HotSchedules is driving unprecedented user adoption rates of up to 80%. “Rolling out Fuego was seamless. We’re seeing the immediate benefits for our team members across all of our restaurants,” said Jeff Gabriel, vice president of strategy for  23 Restaurant Services . “Employees really enjoy accessing their wages almost instantly, and managers are happy they’re able to offer this benefit to retain the talent they’ve worked so hard to hire. It’s truly a win-win for everyone.” Fuego not only allows employees to set and track financial goals within the app, but team members can sign up for the Fuego Visa® Card, an important benefit for those who may not have a traditional banking relationship. The Fuego Card is also available as a payroll deposit option for  PeopleMatter  customers, Fourth’s Applicant Tracking and Onboarding application. To learn more about Fourth’s Intelligence Platform, please visit  fourth.com .