How Cobraste is Solving Absenteeism and Boosting Restaurant Profitability - At No Cost

In the restaurant industry, employee absenteeism and turnover present significant challenges, impacting service quality and profitability. Innovative financial solutions, such as Earned Wage Access (EWA) and digital tipping, have emerged as effective strategies to enhance employee satisfaction and reduce absenteeism.

Cobraste, the leading EWA provider for Latin America and the Caribbean, offers restaurant operators a tailored, zero-cost solution that gives employees immediate access to their earnings and digital tips. The result? A more reliable, motivated, and loyal workforce.

Traditional payroll systems often require employees to wait for scheduled paydays, leading to unnecessary financial stress. That stress translates into higher absenteeism, disengagement, and employee turnover. Cobraste’s real-time EWA platform eliminates these barriers by giving employees access to the wages they’ve already earned - without fees or interest and without adding complexity to payroll or impacting cash flow.

Cobraste also transforms the way restaurants handle tips. With fewer customers using cash, daily tip-outs have become an operational pain point. Cobraste’s Digital Tips program allows restaurants to disburse tips digitally, instantly, and securely—eliminating the need for cash on site and cutting down on administrative hassle. For every 100 tipped employees, Cobraste is saving operators over $1,000,000 per year in cash handling and labor costs!

Key Benefits of Cobraste for Restaurants:

• Reduce Absenteeism

Employees experiencing less financial strain are more likely to show up and stay committed.

• Increase Retention

When workers feel financially secure and fairly compensated, they stay longer.

• No IT Required

Cobraste works with your existing time and payroll exports - no integrations, no disruptions.

• Digital Tip Payouts

Instant, secure, and automated - say goodbye cash runs and manual tip calculations.

• No Cost for Employers or Employees

The model is 100% free to use for both the business and its staff.

By combining daily digital tips with real-time access to earned wages, Cobraste offers restaurants a modern, easy-to-implement financial benefits package that strengthens operations, improves labor reliability, and enhances the employee experience - all without costing a dime.

Ready to see what Cobraste could do for your business?

Visit www.cobraste.com to learn more, or go straight to our Value Calculator to understand the potential financial impact for your restaurant.