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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

Here are a few key strategies: Provide Competitive Wages and Benefits One way to better attract and retain top talent is to offer competitive salaries, attractive benefit packages (including health insurance, paid time off (PTO), and retirement plans), and flexible scheduling options. Read the full case study.

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5 Strategies for Supporting Senior Care Workers

Payactiv

Given their limited budgets, the option of increasing salaries and offering comprehensive insurance and retirement benefits isn’t a feasible one for many employers in this sector. With an app such as that offered by Payactiv, senior care workers can view the company’s shift schedule online, which makes picking up or swapping shifts easy.

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How Payactiv Can Boost Satisfaction and Retention for Employees

Payactiv

Companies using financial wellness benefits provided by Payactiv report increased retention rates and reduced business turnover by 30% on average, and 81% of employees say they’re more likely to stay with their current employer because of these benefits. They don’t see the value in using an employer-sponsored retirement plan.

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6 Tips for Building Financial Security

Payactiv

For some, it means being able to support their lifestyles and put their children through good colleges while putting aside enough to fund a comfortable retirement. If you’re financially secure, you have sufficient money to cover your regular expenses, any sudden expenses and save for retirement with no fear of running out.

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5 Essential Money Tips for Young Adults

Payactiv

Track your spending: If you link your bank account to your Payactiv account , you can access your tracked spending in our app. Long-term goals include saving for a home down payment or investing for retirement. Alternatively, let Payactiv find the cheapest car insurance rate for you when you download the free Payactiv app 1.

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What is a Cost-of-Living Raise?

Payactiv

Retired workers are the largest group of beneficiaries, but many children, spouses, and disabled people also receive these government benefits. Even better, why not speak to Payactiv about ways to boost your employees’ ability to manage their finances, stretch every dollar, and ease financial stress between paydays? Let’s talk.

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Wilcon Muscadin on “The Money Speakeasy and How To Bridge Financial Gaps for Black Americans”

Payactiv

In this episode of the Payactiv Podcast, we’re talking with Wilson Muscadin about his foundation, The Money Speakeasy, the intersection of race and personal finance, and much more. Wilson Muscadin is a financial coach and Accredited Financial Counselor®. Welcome to the brand new Payactiv podcast. Eric Rosenberg: .