Tesla rolls out employee loan benefit as factory workers cope with unpredictable hours

Employees at Tesla have a new "financial well-being" benefit, affordable loans via Salary Finance.

This week, Tesla experienced Model 3 production glitches and workers say they were sent home early from their shifts in Fremont.David Butow | Corbis News | Getty Images Typically, Salary Finance lets workers borrow up to 20% of their salary and pay it back at rates under 5%. The company spun out of Blenheim Chalcot in London, and is venture-backed by that firm along with insurance giants Legal & General.

The electric vehicle maker does not make money when employees take loans through the service, according to the Salary Finance website forThree current employees told CNBC that they are happy to have another financial benefit, but view employee loans as a band-aid solution. They said they would prefer more predictable income from a set, 40-hour work week, or if possible, better wages and meaningful raises.

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