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Companies that don’t pay employees when and how they want to get paid may find themselves short-handed at a time when entire national economies are searching for labor.
“The concept of waiting two weeks for a paycheck doesn’t seem natural anymore,” said Jim Filice, vice president and head of new payments at Visa in Toronto.
ABOUT THE AUTHOR
Joseph Camberato is the CEO & Founder of National Business Capital, where he has led the company in funding more than $2.5 billion for growth-minded businesses since 2007. With firsthand experience building NBC from a startup into a national private lender, Joe writes on the economic forces shaping access to capital, including interest rate shifts, private credit trends, and the challenges mid-sized companies face when banks pull back.
