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

Payactiv

Current Employee Turnover Rates in the Hospitality Industry New research recently found that 41% of frontline workers have changed jobs in the past year—this statistic rises to more than half for hospitality workers in bars, restaurants, and hotels. Incorporate pre-screening questions into the process. Gig workers.

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Building a Resilient Healthcare Workforce through Financial Wellness Programs

Payactiv

Besides burnout, many healthcare professionals are nearing retirement age , which will intensify the sector’s staffing crisis. 64% say that if they were looking for a new job, they would be more attracted to a company that offered an on-demand pay benefit than an employer that didn’t.

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Industry Insights: Manufacturing

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! 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 manufacturing businesses, are facing when it comes to hiring. HR Challenges in Manufacturing. The Big Picture.

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Industry Insights: Healthcare

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! 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. Vertical Fact. in 2020 was 51 years old.

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How Payactiv Can Boost Satisfaction and Retention for Employees

Payactiv

Employer-sponsored programs that build employee wellness in these critical areas are good for companies, too. Conversely, poor financial wellness (or programs that fail to make a meaningful impact on employees’ financial health) can cost a 1000-employee company over $240,000 in lost productivity each year.

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 Financial Checklist for Single Moms

Payactiv

Payactiv offers free 1:1 financial counseling in our app available in the Apple App Store and Google Play if you need support or assistance with your finances. Tip: The Payactiv Visa ® Card* comes with optional goal-based saving to help you put money into your emergency fund automatically on whatever schedule you choose.

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Tailoring Open Enrollment to the Needs of Your Multi-generational Workforce

Payactiv

Retirement Planning Millennials and Gen Z may value guidance on long-term financial planning, while Baby Boomers will likely be interested in retirement planning. Gen X workers who may have delayed starting to save for retirement will welcome generous retirement savings matching and catch-up contributions.