With the holiday season upon us, the joyous atmosphere and the season of giving that would normally encompass the country has unfortunately been surpassed by the worries and uncertainties caused by the pandemic. Not knowing that the problems of last year would traverse into 2021, a lot of Filipinos have been fighting to stay afloat due to the circumstances of the past two years. From personal difficulties such as mental health, isolation, and lack of social interaction, to professional struggles like retrenchment and salary deductions, the yearning for a gleam of hope in the midst of such a dark period in time has been the driving force for Sprout -- that as the end of the year is approaching and Christmas carols are starting to be played on loop, Sprout can provide that light at the end of the tunnel for the Filipino working class through InstaCash.
As uncertainties have continuously grown due to the pandemic and the unpredictable nature of funds in the lives of many employees have been an incessant problem, InstaCash has provided many employees the opportunity of easily accessing emergency funds without the hassle of taking out a bank loan; creating a more practical and convenient service for countless Filipinos.
InstaCash provides employees an automatic and easy way to support their financial wellness. With the pandemic impeding the work ethic of employees nationwide, the need to support these employees has become a prime concern for many employers. Through InstaCash, not only will employees be able to access emergency funds easily, but employers will be able to provide and fulfill the needs of their people. Therefore, instilling trust and credibility within the company’s overall environment.
In 2021 alone, employees have been helped over 9,000 times by InstaCash. The impact of InstaCash in the lives of employees has not only been evident during the holiday season but all year round.
With the range of emergency funds needs varying from utilities, rent/mortgage, medical, educational, travel, and the like, the opportunity that InstaCash presents to employees does not only provide temporary relief and solitude but also provides them with support and reassurance from the benefits they have received from their employer. In effect, the employee’s sound of mind and offload of financial stress can ultimately lead to an employee’s improved work performance. Just take into account the countless testimonials Sprout has received regarding InstaCash.
“I'm a single mom with 2 kids and this option has helped me a lot especially during this pandemic for paying house bills, tuition for my kids, and for my medical needs. It is so easy to use and very reliable. InstaCash it is!” - HR Admin, Taguig
“We lived in a house with extended family, we are pretty close to each other and we help one another to maintain a roof on top of our heads, lights to keep our home bright and meals [three times] a day. However, on the onset of the pandemic most of my family members lost their jobs, only my wife and I kept our jobs alive. Having access to InstaCash not only helped me but also my family to get through this tough time. I was still able to provide for my family up until the other members of my family got new jobs. I love InstaCash!” - Team Lead, Cebu
“It was when a member of our family got Covid19 and as a result, I’ve used up all my available savings to keep up with his medicines and other stuff that were not covered by his health card and PhilHealth. That period was really tough since I have my own bills and medicines to pay. That’s when I realized that sprout has an integrated InstaCash system where I could get financial assistance right away. This helped me manage my bills and medicines without compromising the rest of my savings that is on time deposit. I’m really glad that this feature is available for us to use, it’s fast and easy. Thank you for being a part of my life.” - Web Designer, Makati
These are just some success stories of how InstaCash has impacted the lives of many employees. Knowing the benefits and poignant role that InstaCash has played in these employees’ lives, in this season of giving, employers can thus empower their employees even more by providing them with the opportunity of gaining access to such a helpful, convenient, and valuable tool to help manage their financial needs.
Through the trials and tribulations we have all been exposed to during the past 2 years, everyone deserves to enjoy the season of giving.
The holidays are a time for us to enjoy ourselves with our families, delight in Noche Buena, reconnect with friends, and recharge our batteries for the new year. Although financial worries and concerns will always be there, everyone deserves to have some of that burden be lifted off their shoulders. The goal of InstaCash is to provide its users with the opportunity to have this weight lifted.
Sprout has made it its mission to ensure that every Filipino and their families have the means to trudge through each day. InstaCash has been at the forefront of Sprout’s North Star -- impacting the life of every Filipino by improving business in the Philippines. The importance of InstaCash has surpassed the provision of emergency funds as it has not only improved the financial wellness of employees nationwide but has definitely proven the impact of its benefits to companies across the Philippines.
It costs nothing to do wonders, so be the hero in the lives of your employees and enjoy the holiday cheer. After all, it's the season of giving! Give InstaCash the opportunity to make not just your holidays, but every day, a merrier one.