Rhino Foods Income Advance Program
An investment in employees with a sweet, sweet payoff
For a great introduction to the meaning and impact of Rhino Foods’ Income Advance Program, watch our video, “The Freezer Geezer,” starring Rhino’s very own Paul Phillips.
Income Advance Loans
Rhino Foods’ Income Advance Program was developed in response to requests from employees for loans to meet urgent needs that get in the way of life and work. While payroll advances helped to address some employees’ immediate needs, they did nothing to address the root problem, and they were difficult to administer in a fair and consistent way. Rhino was dedicated to finding a solution and the Income Advance Program was born.
In partnership with North Country Federal Credit Union, we offer this program as a benefit to all Rhino Foods employees that guarantees same-day access to $1,000 for emergency or unplanned needs. The advance is repaid through weekly payroll deductions.
This program has been an overwhelming success, helping to reduce stress, improve credit scores, and increase savings for employees. The company’s return on investment is reduced absenteeism, higher morale, and a more focused employee.
To learn more, charge over to the Rhino Foods Foundation site for information and technical assistance.