Updates Announced at the SHRM 2024 Annual ConferenceCHICAGO, June 25, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced a series of new product enhancements, capabilities and strategic partners designed to meet the needs of its customers in today's ever-evolving business environment. These announcements were made today in Chicago at the Society for Human Resource Management (SHRM) Annual Conference and Expo 2024.TriNet has announced a series of new product enhancements, capabilities and strategic partners designed to meet the ever-evolving needs of small and medium-size businesses."SMBs rely on solutions that allow them to adapt and remain agile without sacrificing the time and energy they should be investing in growing their businesses," said TriNet Chief Product Officer, Lisa Reeves. "TriNet's product updates, which include additional integrated partners for managing a global workforce, on-the-go payroll through our mobile app, and access to a curated marketplace of business solutions, empower our customers to execute with convenience and speed while also assembling talent from around the world."TriNet's announced marketplace and product enhancements include the following:Marketplace: Through TriNet's thoughtfully curated network of solutions for SMBs, customers can confidently and conveniently find solutions to their ever-changing needs.This update will provide:A reputable network of solutions for confident decision-making, in a convenient online platform. Easily sort from a range of categories: HR, finance, talent acquisition, recruiting, global workforce, expense, security and more.Preferred pricing on a number of solutions that translates into potential cost savings for its customers.Prebuilt integrations that connect and sync data across select applications for greater security, accuracy and efficiency. Additionally, its customers can conveniently access single sign-on to select integrated apps.Global Workforce: TriNet is partnering with leading global employment platforms Oyster (now live) and Multiplier (coming soon) to support the international growth of its customers. The collaboration will include prebuilt integrations allowing customers to visualize and track their full workforce, US and international, from TriNet's PEO platform and with global employment platform partners, provide the ability to:Onboard and pay global workers quickly.Navigate international employment-related rules and requirements.Access local employee benefits to attract top talent.Mobile app, payroll run approval: New mobile app feature will allow administrators to review and approve payroll runs while on the go

As Wisconsin becomes the latest state to regulate Earned Wage Access (EWA) services, we connected with Nico Simko, founder and CEO of on-demand pay app Clair, to discuss the ever-changing EWA landscape, the impact of local state government’s efforts to protect consumers, and more.Nico Simko from Clair is often in DC meeting with legislators and has a lot of expertise and experience related to EWA / fintech regulation.Our discussion with Nico is shared below.Crowdfund Insider: How does Clair differ from other earned wage access providers in the space?Nico Simko: Clair’s differentiator from other earned wage access (EWA) providers is its business model. When my co-founder Alex and I were conceptualizing how Clair would serve employers and their workforces, we wanted to make sure to go about it differently from other on-demand pay providers who charge fees to employees looking to access their earned wages.To us, that’s money they’ve already earned and employees shouldn’t have to pay to access it. Fee-based models create a cycle where EWA providers encourage more borrowing because they’ll earn more money, and this ultimately puts employees in tough financial situations. Clair does not earn revenue when employees borrow, but instead makes money from merchants through interchange when customers spend on their Clair Debit Mastercards.Clair has made incorporating compliance into its business model a priority. Most customers borrowing from EWA providers are often doing so for an emergency expense that they cannot afford. If they are unable to afford the initial expense, it’s easy for them to fall into toxic debt cycles when there are fees stacked against it.Since Clair does not charge fees, we are incentivized to help customers save and spend responsibly