Payactiv

MARCH 27, 2023

Everything you need to know about Healthcare Hiring Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 was a chronic staff shortage, fueled by industry-wide competition for top talent and high turnover rates. In the time it takes to hire one candidate, you could lose two workers.

Industry 52

Industry Hiring Software Staffing Software Bonuses and Incentives 52

Payactiv

MARCH 22, 2022

Welcome to our resource page for Healthcare Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, as well as the trends healthcare businesses, are facing when it comes to hiring. The turnover rate near double creates the perfect storm. Download Now.

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

Payactiv

MARCH 28, 2022

Welcome to our resource page for Call Center Hiring! Learn more about the four big benefits of offering earned wage access to your call center employees. The average call center turnover rate averages between 30% to 45%. This turnover rate is considered very high. Agent Turnover — Why Are They Quitting?

Industry 52

Industry Wage and Hour Training Bonuses and Incentives Hiring Software 52

Payactiv

MAY 4, 2023

This webinar examines the importance of financial wellness benefits in improving hiring and retention strategies, with a specific focus on the impact of on-demand pay solutions. However, not all financial wellness benefits are created equal.

PayActiv 52

PayActiv Recruiting Software HR Software Retention and Turnover 52

Payactiv

NOVEMBER 19, 2024

A compassionate workplace culture breeds happier employees and increases productivity, business efficiency, and employee loyalty. Here are the top 3: Improved Employee Retention Unhappy employees result in high turnover rates. In turn, employee health improves productivity and company success increases.

Planning Tools 98

Planning Tools PayActiv HR Software Wage and Hour Training 98

Payactiv

MARCH 1, 2021

Hancock Whitney is the first bank in the United States to resell the Earned Wage Access (EWA) program from Payactiv. Starting immediately, Hancock Whitney will include Payactiv as an additional banking solution for its business clients. We are pleased to offer Payactiv to our business clients with 100 or more employees.

PayActiv 52

PayActiv Recruiting Software Retention and Turnover Compliance Training 52

Payactiv

APRIL 14, 2022

Employee Support in 2021 with Earned Wage Access. Losing a quality employee is painful. It costs your company in customer relations, institutional knowledge, hiring, and recruitment. Employees need more than a high salary, and that is where a financial wellness program comes in. Let’s face it. Engage Workers.

Hiring Software 52

Hiring Software Planning Tools Interview Software Recruiting Software 52

Payactiv

MAY 2, 2022

In this segment of The Compassionate Capitalist Show™, Karen Rands is joined by Sabina Bhatia, Chief Customer Officer at Payactiv, the champion of Earned Wage Access (EWA) to talk about the impact ‘financial insecurity and well being’ of hourly wage workers have on the profitability and scalability of businesses.

Wage and Hour Training 52

Wage and Hour Training Recruiting Software Hiring Software HR Software 52

Payactiv

MARCH 22, 2022

Employee turnover rates are at an all-time high, which doesn’t bode well for businesses across all industries. In this article, we’ll spend some time understanding the concept of employee turnover, why it happens, and pre-emptive steps you can take to minimize it. What is Employee Turnover?

Hiring Software 52

Hiring Software Wage and Hour Training Retention and Turnover Onboarding Software 52

Payactiv

MARCH 31, 2022

Experts have proposed several solutions to end the labor shortage and, in this article, we’ll focus on how employee benefits can help resolve this problem for companies and consumers alike. This has led many employees, potential candidates, and employers to view the current labor shortage as a negotiation.

Hiring Software 52

Hiring Software Employee Benefits Recruiting Software PayActiv 52

Recruiters Lineup

AUGUST 3, 2023

Financial stress is a significant concern for employees, impacting their overall well-being and job performance. In response, many employers have implemented financial wellness programs in the workplace to help employees improve their financial health, thus making informed decisions about their finances.

Planning Tools 75

Planning Tools Recruiting Software Software Wellness 75

Payactiv

OCTOBER 24, 2022

The Great Resignation continues unabated; currently, one in five employees says they plan to switch jobs next year. A recent study shows the average tenure of a Google employee is only 1.3 years, making them one of the top ten companies where employees don’t want to stay. The Consequences of High Staff Turnover.

PayActiv 59

PayActiv Wage and Hour Training Retention and Turnover Planning Tools 59

Payactiv

MARCH 14, 2023

Open enrollment is an important time of year for companies to showcase additional employee benefits beyond regular pay. However, consistently communicating benefits throughout the year is vital for employee satisfaction and retention. 5 Flexible Employee Benefits to offer Today 1. Let’s dive in.

Employee Benefits 52

Employee Benefits Hiring Software Recruiting Software PayActiv 52

Payactiv

APRIL 12, 2022

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. Thus, there are a trillion reasons for organizations to care about keeping turnover to an absolute minimum. Equally devastating are the effects on employee morale, customer relationships, and brand equity in the marketplace.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Retention and Turnover Background screening 52

Payactiv

JUNE 28, 2024

Dissatisfied employees can be difficult to spot, but some may send out warning signs. With businesses across all industries struggling to hire talent, it’s vital to recognize the telltale signs of a flight-risk employee, and have a sound strategy to keep them with your organization. What is a Flight-Risk Employee?

Hiring Software 52

Hiring Software PayActiv Onboarding Software Recruiting Software 52

Payactiv

MAY 2, 2022

Welcome to our resource page for Hospitality Hiring! This catastrophic shakeup caused many workers to switch industries completely and left hotels scrambling to hire enough workers. We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your hiring plan. Download Now.

Industry 52

Industry Wage and Hour Training Hiring Software Bonuses and Incentives 52

Payactiv

NOVEMBER 19, 2024

Many employees are staying longer in their current roles due to the stability employers provide. employees are watching or actively seeking a new job. Keeping employees for the long term involves continuous work and careful planning. Employee Loyalty – What Exactly Is It? But don’t let outward behaviors deceive you.

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Retention and Turnover PayActiv Talent Experience Retirement 52

Payactiv

JULY 8, 2022

Then there’s the issue of skills shortages. Some 73% of CEOs in the manufacturing industry say hiring challenges are impacting their ability to operate their business at full capacity, according to a recent Vistage CEO Confidence Index survey. million skilled jobs by 2030. What Manufactured This Shortage? A career path.

Industry 52

Industry Recruiting Software Recruitment PayActiv 52

Payactiv

OCTOBER 19, 2021

As the war for talent rages on and candidate shortages escalate, the balance of power has tipped firmly in favor of job seekers. If you’re hoping to entice great people to apply for roles in your organization, you’ll need to pay special attention to how you craft and articulate your company’s employee value proposition (EVP).

Wage and Hour Training 52

Wage and Hour Training Employer Branding PayActiv Talent Experience 52

Payactiv

MARCH 1, 2022

If you’ve had to dust off your “We’re Hiring!” Unprecedented skill shortages are keeping business owners up at night following a mass exodus of workers from the labor market. ’s latest Emerging Risks Monitor Report , “talent risks” are top of the list of pandemic-related concerns.

AI Recruiting 52

AI Recruiting Recruiting Software Hiring Software Recruitment 52

Payactiv

DECEMBER 28, 2021

Welcome to our resource page for Quick Service Restaurant (QSR) Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, as well as the trends restaurants, are facing when it comes to hiring. Fast food and faster turnover. Look for transferable skills.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Payactiv

DECEMBER 28, 2021

Welcome to our resource page for Quick Service Restaurant (QSR) Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, as well as the trends retailers, are facing when it comes to hiring. Fast food and faster turnover. Look for transferable skills.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Payactiv

MAY 4, 2022

A persistently tight labor market and continually shrinking workforce mean employers need to get creative in their efforts to find and retain skills. Earned Wage Access (EWA), an innovative employee benefit program created by Payactiv, has been gaining attention and traction with each passing year. Reduce Staff Turnover.

Wage and Hour Training 52

Wage and Hour Training HR Software Recruiting Software PayActiv 52

Payactiv

SEPTEMBER 6, 2022

The Great Resignation continues unabated; currently, one in five employees says they plan to switch jobs next year. A recent study shows the average tenure of a Google employee is only 1.3 years, making them one of the top ten companies where employees don’t want to stay. The Consequences of High Staff Turnover.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Planning Tools 52

Payactiv

AUGUST 6, 2021

Welcome to our brand new resource page for Hospitality Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, with a focus on trends and challenges faced by the hospitality industry. Employees are worried and feeling disconnected. Employees are getting burnt out.

Hiring Software 52

Hiring Software Industry Recruiting Software Planning Tools 52

Payactiv

SEPTEMBER 28, 2021

Increasing numbers of businesses are embracing flexible working practices and initiating employee rewards and benefits programs, appreciating the role they play in boosting employee engagement, and reducing levels of absenteeism and staff turnover. Many employees who are paid hourly live paycheck-to-paycheck.

Wage and Hour Training 52

Wage and Hour Training PayActiv HR Software Retention and Turnover 52

Payactiv

JULY 12, 2022

According to the Financial Health Network, Earned Wage Access – also known as EWA or on-demand pay – “allows employees to safely draw some or all of their earned wages before payday.” of employees who had access to their earned wages indicated that they used the benefit. billion in 2020. What Are the Benefits of Earned Wage Access?

Hiring Software 52

Hiring Software HR Software Recruiting Software PayActiv 52

Payactiv

APRIL 6, 2023

This innovative payroll model departs from antiquated models by allowing employees to access their earned but unpaid wages before their regular payday. Offering employees access to their earned wages and financial wellness tools can improve employee satisfaction and retention. Easier Recruiting.

Recruiting Software 52

Recruiting Software PayActiv Retention and Turnover Payroll 52

Payactiv

NOVEMBER 16, 2021

Every time we make a stop, we’re greeted by a fast food employee. Fast Food, Faster Turnover. QSRs aren’t just known for their quick turnaround and service, they’re also known for having a turnover rate of up to 150%. In an average year, the QSR industry is home to nearly 5 million employees.

Hiring Software 52

Hiring Software Recruiting Software Onboarding Software PayActiv 52

Payactiv

JANUARY 12, 2021

One way to help your employees is to offer more financial liquidity. On-demand pay is a service that allows employees to receive their payments as and when they like. This is not necessarily best practice because it puts cognitive pressure on employees to take money before payday even if they didn’t need it.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Payroll 52

Payactiv

JULY 3, 2023

Offering employees access to on-demand pay empowers them to stretch their earnings and meet their financial wellness goals. 1 in 6 working Americans thinks all employers should offer their employees immediate access to their earned wages, but only 1 in 10 companies currently do so. One way to get there is by embracing on-demand pay.

PayActiv 52

PayActiv Wage and Hour Training Planning Tools Retention and Turnover 52

Payactiv

JUNE 23, 2021

Turnover is costing you exorbitant amounts of money every year and HR departments have been fighting it for decades. The numbers continue to inflate, the need to differentiate yourself from competitors is more important every year, and the cost associated with turnover can debilitate or even cripple a company. Costs add up fast.

Hiring Software 59

Hiring Software Staffing Software Onboarding Software Planning Tools 59

Payactiv

APRIL 13, 2016

Return to Blog Home HR Strategy for Corporate Financial Wellness Programs By Sabina Bhatia on April 13, 2016 --> The American economy continues to struggle and employees across all socioeconomic classes need help to meet ordinary recurring expenses. Why Are More Businesses Considering a Financial Wellness Program?

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HR Planning HR Software Wellness Strategy 52

Payactiv

JANUARY 31, 2017

Before my current tenure with Silicon Valley FinTech company PayActiv, I spent 20 years in a different world. I was a credit analyst on Wall Street, analyzing the financial stress of sub-investment grade companies including investigating investment strategies in companies I believed could provide an attractive return. Was my rent late?

PayActiv 52

PayActiv Retention and Turnover Wage and Hour Training Comparison 52

Payactiv

SEPTEMBER 13, 2021

There are many great benefits to Earned Wage Access, but what is it and how can it benefit your business and your employees? The financial pressures weighing on the shoulders of employees can also be detrimental to you as a business owner. . The bills coming in don’t care if your employees get paid bi-weekly.

Wage and Hour Training 72

Wage and Hour Training Planning Tools Recruiting Software HR Software 72

Payactiv

AUGUST 14, 2017

A compassionate workplace culture breeds happier employees and increases productivity, business efficiency, and employee loyalty. Here are the top 3: Improved Employee Retention Unhappy employees result in high turnover rates. Some management teams even believe showing compassion is a sign of weakness.

Planning Tools 52

Planning Tools HR Software Wage and Hour Training PayActiv 52

Payactiv

OCTOBER 16, 2018

As a result, aging care service providers are struggling with recruitment and retention. In this report, you’ll learn: How financial stress experienced by caregivers is influencing high levels of turnover. How leading employers are attracting talent and improving retention by supporting financial wellness.

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Report Retention and Turnover Competencies Recruitment 52