Payactiv

MARCH 8, 2022

I think you build one with your employees first.”. Employee Experience vs. Employee Engagement: What’s the Difference? In business and human capital management circles, there’s often talk of “employee experience” and “employee engagement” when the subject of employee satisfaction comes up.

Employee Engagement 101

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Payactiv

DECEMBER 4, 2024

Recognizing the distinct attributes of your workforce is especially important during open enrollment season , when you’re seeking to craft meaningful benefit programs that meet the different needs of employees from various age groups.

PayActiv 52

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Payactiv

APRIL 5, 2022

Among health care workers who have kept their jobs during the pandemic, 31% have considered leaving, and 12% of health care workers say they plan to retire early or work elsewhere. Now, there’s a severe shortage of these workers which often results in employees being required to work more or longer shifts. Stress and Burnout.

Hiring Software 52

Hiring Software Recruiting Software Wage and Hour Training Planning Tools 52

Payactiv

APRIL 2, 2024

This year, National Employee Benefits Day will be celebrated on April 6th. It also offers employee benefits professionals an opportunity to take stock of their benefits programs and ensure they’re aligned with what employees really want and need. What Are Employee Benefits and Why Do They Matter?

PayActiv 52

PayActiv Employee Benefits Wage and Hour Training Recruiting Software 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

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Payactiv

JULY 18, 2024

All this generates widespread discussion about the merits—and feasibility—of giving employees cost-of-living raises. In this guide, we’ll explore the impact of inflation on employee pay and offer some guidance for businesses considering implementing cost-of-living pay increases. What Is the Cost of Living?

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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. Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early.

Hiring Software 52

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Payactiv

FEBRUARY 22, 2024

As we move into 2024, companies are increasingly recognizing the importance of employee well-being and how it affects productivity, engagement, and retention. With this in mind, leading organizations are exploring ways to enhance their employee benefits packages in the year ahead and beyond.

Employee Benefits 52

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Payactiv

MAY 21, 2024

Today, employees’ money worries have reached an all-time high, with 86% of workers saying they feel more stressed about their finances than they’ve ever been. In this climate, it’s essential that employers develop comprehensive benefits packages that support their employees’ financial health. Buying or selling a home. Did you know?

PayActiv 52

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Payactiv

MAY 15, 2024

Spring symbolizes a fresh start, an opportunity for employees to foster their personal and professional growth and well-being by pursuing new interests, learning new skills, or improving their physical, mental, and financial health. Here are a few ways you can re-invigorate your employee benefits offerings to celebrate the new season.

Employee Benefits 52

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Payactiv

OCTOBER 28, 2021

For decades, many hourly workers drew the short straw in regard to employee benefits packages, not enjoying the same perks as their full-time salaried counterparts. Employers find themselves fundamentally rethinking the way they attract, reward, and retain skilled employees. Benefits Employees Look for Today.

Wage and Hour Training 59

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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

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Payactiv

NOVEMBER 29, 2022

In the US, skills shortages have more than tripled in the last ten years, with 69% of employers currently struggling to fill positions, up from just 14% in 2010. By 2030, it’s estimated that the global talent shortage could reach 85.2 All this means that the relationship between employers and employees has fundamentally shifted.

Employee Benefits 52

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Payactiv

FEBRUARY 6, 2023

If you’re struggling to attract and retain talent, revamping your employee benefits package is a great place to start. Employers winning the war for talent are getting creative in building an employee benefits package that supports a diverse workforce. Today’s workforce is mobile.

Employee Benefits 52

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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

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Payactiv

DECEMBER 26, 2023

For HR leaders, the end of the year brings more than holiday celebrations and employee performance reviews. Planning and administering employee benefit programs is a daunting task on their year-end to-do lists. A healthy Gen X employee may choose to decline comprehensive healthcare coverage because their spouse has an adequate plan.

Employee Benefits 52

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Payactiv

SEPTEMBER 19, 2024

As the fall approaches, so too does the annual open enrollment season for employee benefits—the period during which employees have the opportunity to review and adjust their benefits plans for the upcoming year. This also ensures employees have sufficient time to review their options and select new plans.

Strategy 52

Strategy PayActiv Retirement Talent Experience 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

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Payactiv

APRIL 28, 2022

While many employees decide to work beyond the average retirement age to continue to enjoy the pay and benefits of their job, as well as the intellectual stimulation and sense of accomplishment it gives them, others may be working longer out of necessity. Advantages of Hiring Older Workers. Mentoring Younger Workers.

Hiring Software 52

Hiring Software Recruiting Software Planning Tools PayActiv 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.

Retention and Turnover 52

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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. Top 3 Reasons Workers Quit. Poor Leadership.

PayActiv 59

PayActiv Wage and Hour Training Retention and Turnover Planning Tools 59

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

FEBRUARY 15, 2022

The notion of employee loyalty is complex and multi-faceted. Organizations are scrambling to hire talent to fill vacant roles and figure out what they need to do to keep their valued employees. This convergence of forces has made it imperative for businesses to strategically build employee loyalty in the workplace.

Hiring Software 52

Hiring Software Wage and Hour Training Recruiting Software PayActiv 52

Payactiv

OCTOBER 30, 2023

In this blog, we’ll delve into some strategies employees can adopt to ensure their programs are relevant and measurable and don’t introduce unwelcome administrative and technical complexities. Open enrollment is the period when employees can enroll in or make changes to their employer-sponsored benefits plans for the year ahead.

Hiring Software 52

Hiring Software PayActiv Planning Tools Strategy 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

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Payactiv

AUGUST 24, 2023

skills shortages remain persistently high, forward-looking employers realize that skills are more important than age. Tapping into this potential requires putting the correct leadership, communication, upskilling, and flexible employee benefits and payroll structures in place.

PayActiv 52

PayActiv Wage and Hour Training Retirement Diversity 52

Payactiv

OCTOBER 23, 2023

Sub-Par Employee Education and Engagement Many employees find open enrollment confusing, intimidating, and stressful as they struggle to interpret their benefits plans. For example, while traditional benefits are important to Gen Z employees, flexible work arrangements and student debt repayment programs also have a strong appeal.

PayActiv 52

PayActiv Hiring Software Planning Tools HR Software 52

Payactiv

APRIL 12, 2022

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. When measured in monetary terms, the direct costs of replacing an employee can range from one-half to twice their annual salary. High Employee Turnover Costs Money. Some retire or move to another part of the country.

Wage and Hour Training 52

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Payactiv

JUNE 8, 2023

Employees with military backgrounds often have different sets of needs and expectations. A customized employee benefits strategy can attract veterans and help them grow and develop. Why More Employers are Hiring Veterans Former service members have much to offer employers. Have a mission-oriented approach to work.

Employee Benefits 52

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Payactiv

JULY 22, 2024

Money worries are a significant contributor to employees’ lack of well-being and can have a devastating impact on workplace productivity. Right now, 1 in 3 employees say their financial stress is impacting their ability to focus on their jobs, and nearly 25% say this stress reduces their productivity and confidence.

PayActiv 52

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Payactiv

OCTOBER 4, 2023

The Rise and Reign of the Gig Economy Recent surveys underscore the prominence of gig-style employment as an attractive alternative to conventional office jobs: · The number of people who report income from platform-based gig work to the IRS has increased in recent years to nearly five million. ·

PayActiv 52

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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. What Is a Financial Wellness Program for Businesses?

HR Planning 52

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HR Lineup

SEPTEMBER 29, 2023

This software can be used by individuals seeking to improve their personal finances or by employers looking to support the financial wellness of their employees. Top 10 Employee Financial Wellness Platforms of 2023 1. It focuses on promoting employee engagement and productivity by addressing financial stressors.

Assessment Software 52

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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? Then, multiply that figure by 100.

Hiring Software 52

Hiring Software Wage and Hour Training Retention and Turnover Onboarding Software 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. 3 Reasons Why Workers Quit. Poor Leadership.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Planning Tools 52

Payactiv

MARCH 28, 2023

To mitigate the impact on your operations and combat the manufacturing talent shortage, consider implementing employee financial wellness into your benefits package. Every year, manufacturers nationwide create billions of dollars in product output, manufacturing talent shortage worsens. million unfilled jobs by 2030.

Wage and Hour Training 52

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Payactiv

JULY 1, 2022

On this episode of the Good Cents podcast by Payactiv, Eric and Sydney talk about how to turn a fun hobby into a small-scale money-making business. Welcome back to the Payactiv podcast. I have hired people to help me with projects who live on the other side of the world in Asia. Spoiler alert! Eric Rosenberg: Hey everyone.

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