Guardian Malaysia expands employee benefits with on-demand pay program

Over 4,400 Guardian team members will have access to a portion of their earned wages before payday.

Malaysian health and personal care chain Guardian is enhancing its employee benefits program by introducing an on-demand pay (ODP) solution for eligible team members across its more than 600 outlets nationwide.

Through Paywatch, Asia’s largest enterprise earned wage access (EWA) solution, more than 4,400 Guardian team members will have access to a portion of their earned wages before payday, alleviating the need to wait until the scheduled payday, particularly in times of emergencies or unforeseen circumstances. 

Additionally, this access to earned wages does not entail loans, thereby eliminating hidden charges or interest fees.

Since its launch, over 50% of eligible team members have enrolled in the program.

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Part of the DFI Retail Group, a leading pan-Asian retailer with over 210,000 employees, Guardian's ODP program aims to combat rising voluntary attrition rates by offering financial flexibility to its workforce.

“We continually look for new ways to support our team members, and financial flexibility is an area where we can help team members meet the demands of their personal lives,” said Priscilla Wu, managing director of guardian Malaysia and Brunei.

“With Paywatch ODP, we look forward to enhancing our positive work environment by cultivating greater financial wellness amongst our team members and better supporting them through personal financial challenges that may arise,”  she added.