7shifts Launches New Tip Payout Solution Through On-Demand Pay Product With Clair
7shifts, a scheduling and payroll platform, launched 'On-Demand Pay for Tips' in partnership with fintech Clair. The product allows restaurant employees to access earned tips instantly via the 7shifts app, powered by Clair's integration with Pathward, N.A.
Key figures
- Clair equity funding
- $93.7 million
- Clair work locations
- 148000
- Industry turnover rate
- 130%
- Restaurant labor shortage jobs
- 220,000
- Retention improvement potential
- 36%
AI analysis
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