The total upfront costs required to set up the on-demand pay system. This includes software purchases or subscriptions, integration into existing payroll systems, training for HR and payroll staff, and any other initial fees charged by the on-demand pay service provider

Ongoing monthly expenses to maintain the on-demand pay system. These costs might include subscription fees, customer support, updates, and any other recurring charges necessary for the system's operation

The anticipated decrease in the employee turnover rate as a result of implementing on-demand pay. This is based on the assumption that more flexible access to earned wages will increase job satisfaction and employee retention

The average expense incurred each time an employee leaves and a new one is hired. This cost encompasses recruiting, interviewing, hiring, training, and the loss of productivity during the transition period

Total number of employees in the organization. This number is crucial for calculating the potential impact on employee turnover and the financial benefits of the on-demand pay system