This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In this article, we’ll deep dive into hospitality industry turnover and explore potential solutions to help employers navigate this challenging environment. This challenge, highlighted in a recent report by the American Hotel & Lodging Association (AHLA), impacts facilities and establishments of all sizes and locations.
Calculating Your Restaurant’s Turnover Rate Before planning how to reduce your QSR’s turnover rate, you need to understand your current levels. Great staff is a critical element of success for every quick-service restaurant (QSR). However, the industry is renowned for its extremely high turnover rate. How Did We Get Here?
In this role, he oversees the HR technology and operations needs of the 1,100 U.S. A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C., nonprofit. “I
Hiring a new employee includes advertising, interviewing, screening, and hiring materials, but that’s just the start of cost overflow: The hidden costs add up fast; business invest up to 20% of an employee’s salary into training. Companies, including Walmart, offer Payactiv to hundreds of thousands of employees at no cost to the employer.
Let’s take a closer look at some employee benefits to consider to make your QSR stand out: Flexible Shift Scheduling Shift scheduling flexibility is a highly prized benefit in the eyes of QSR workers, so why not offer a tool that helps them schedule and swap shifts with coworkers? However, the new year holds some new challenges for QSRs.
We built this page with you in mind – use it as a learningtool, reference page, and more! We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your seasonal hiring plan. In this competitive market , employees are searching for connection and recognition.
Payactiv job boards. As the recruitment challenges continue post-Covid, technology companies are coming up with innovative ways to help employers find talent. Payactiv has found that many of the companies that they partner with could use a little help right now when it comes to hiring. Optimize your social media recruiting.
In an uncertain world, Payactiv can improve restaurants’ recruitment and retention rates. Payactiv closes that. When employers offer Payactiv, employees are able to get paid on their own schedule with Earned Wage Access (which we invented). In-app bill pay 2. Contactless and P2P payments with Payactiv Visa Cardholders.
Learn more about the four big benefits of offering earned wage access to your call center employees. Savvy staffing executives must leverage social media platforms to attract a younger pool of workers. Savvy staffing executives must leverage social media platforms to attract a younger pool of workers. Paid Time Off and Leave.
Kick off your recruitment drive early Start your summer job fair early to give yourself time to thoroughly vet your applicants. Bottom line : It takes time to learn the ropes and start working at maximum productivity. A shrinking labor pool can make securing quality seasonal talent more challenging, especially during peak seasons.
Kick off your recruitment drive early Start your summer job fair early to give yourself time to thoroughly vet your applicants. Bottom line : It takes time to learn the ropes and start working at maximum productivity. A shrinking labor pool can make securing quality seasonal talent more challenging, especially during peak seasons.
financial system, employing over 18 million workers. Financial wellness has become one of the most sought-after employee benefits among U.S. workers, and healthcare employees are no exception. Healthcare is one of the fastest-growing sectors in the U.S. However, healthcare facilities nationwide are struggling to hire and retain talent.
We built this page with you in mind – use it as a learningtool, reference page, and more! We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your hiring plan. Convert Financial Stress into Financial Wellness. Download Now. The Senior Stats.
We built this page with you in mind – use it as a learningtool, reference page, and more! We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your hiring plan. Properly understanding these challenges is imperative before diving into potential solutions.
We built this page with you in mind – use it as a learningtool, reference page, and more! 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 our whitepaper to learn about the 5 strategies that can help you hire.
Given that almost three-quarters ( 73% ) of millennials found their last position through a social media site, it makes sense to tap into the power of social platforms. Given that almost three-quarters ( 73% ) of millennials found their last position through a social media site, it makes sense to tap into the power of social platforms.
Learn more about the four big benefits of offering earned wage access to your call center employees. Developing relevant training programs for front-line staff is a top-5 challenge for call center operations, because inadequately trained agents are a risk to your brand and a flight risk bolting for new pastures. Download eBook.
Tax season is a great opportunity to boost your finances if you plan carefully. You can find the latest standard deduction at the IRS website or through your favorite tax prep software. Whether you do your taxes online or hire an accountant, reviewing your tax return in detail is a good idea before filing with the IRS.
Cognitive Performance Stress hormones like cortisol can impair peoples cognitive performance and reduce their ability to concentrate, memorize, and learn. Cognitive Performance Stress hormones like cortisol can impair peoples cognitive performance and reduce their ability to concentrate, memorize, and learn. How can employers help?
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. Learn more about how you can maximize your employee experience and bottom line in 2023.
This is an exclusive opportunity to access thought leadership, expert-led sessions, and innovative solution spotlights. Industry Insights Digital Summit On-Demand todd.spilker Wed, 09/06/2023 - 16:54 header Welcome Data-Driven Decisions. People-Focused Outcomes.
Today, the onboarding process is becoming an interactive and personalized journey, supported by technology and guided by an increasingly mindful consideration of individuals’ location, employment arrangements, and unique needs and motivations. This is where effective employee onboarding comes into play.
Read on for some tips on building a flexible, transparent, tailored plan to meet the evolving expectations of a diverse workforce. Retirement Planning Millennials and Gen Z may value guidance on long-term financial planning, while Baby Boomers will likely be interested in retirement planning.
Thats why alternative payroll solutions like employee pay cards are gaining more traction. They can also use their card to shop online. Some solutions allow employees to pay bills over the phone using their pay card or authorize electronic bill payments, such as rent or mobile phone payments. What is an Employee Pay Card?
Fintech companies like Payactiv have gotten a lot of attention lately from banks, especially from the traditional, brick-and-mortar kind of banks. Payactiv connects people’s earnings with a digital wallet and an exclusive ecosystem of discounts and services all in one app. It seems like a David and Goliath kind of story.
Budgeting and Planning for Holiday Purchases. Look at your budget to figure out how much you can afford to spend on holiday gifts without an overdraft or taking on credit card debt you can’t afford to pay off in full by the next statement due date. Smart Budgeting Tips for the Holidays. The holiday season is a fun time of the year.
Free Financial Education, Resources, and Tools Introduce free workshops, seminars, 1-on-1 professional counseling services, and online/mobile resources that provide your employees with financial education on topics like budgeting, debt management, saving, and investing. On January 20, 2025, the Dr. Martin Luther King, Jr.
In this article, well explore how new thinking and technological advances are further changing the state of pay to the benefit of all parties. In this article, well explore how new thinking and technological advances are further changing the state of pay to the benefit of all parties. workforce, are typically paid weekly or bi-weekly.
Learning to read your pay stub is essential, and there’s no better time to start than with your first paycheck. Plus, when you have a realistic expectation of your net pay, you can more confidently use tools like Earned Wage Access to improve your finances. When your employer offers a retirement plan, it’s likely tax-deferred.
When budgeting like a dreamer, you should focus on: Hope : Building a financial plan that reflects your aspirations. Your answer could include paying off debt, buying a home, starting a business, or saving for your childs education. Think of your budget as a tool to turn those dreams into reality. “I have a dream.”
They wonder how they’ll be able to afford the extra food, travel, and time off work. Retirement and Savings plans Offer employer-sponsored retirement plans to help employees build a financial foundation for the future. These plans let employees contribute pretax dollars that grow tax-deferred until retirement.
In this episode, we’ll cover: Knowing where your income comes from and track it using budgeting apps to ensure you’re meeting your financial goals. Using the Payactivapp 1 and card to track your income, automate saving 2 , and reduce financial stress while working towards your financial goals. Hello friends.
These programs provide valuable resources, tools, and guidance to support employees in managing their money, reducing debt, and planning for the future. This article highlights the top ten employee financial wellness platforms in 2023, focusing on their core features. What are Financial Wellness Programs in the Workplace?
5 Ways EWA Shields People from Financial Vulnerability and Restores Dignity At Payactiv, we believe that financial dignity is the promise of the American Dream. 5 Ways EWA Shields People from Financial Vulnerability and Restores Dignity At Payactiv, we believe that financial dignity is the promise of the American Dream.
Spending a little time to learn your local laws could pay off significantly. Plan Your PTO Strategy Paid time off (PTO) is a valuable benefit, but only if you use it. Review your PTO policies and plan ahead to ensure you take full advantage. Hourly workers face unique financial circumstances.
Did it hurt to learn that, despite doing the same job, you were taking home thousands of dollars less per year? As a socially conscious financial technology company, we wanted to recognize all the hard-working Americans deserving of pay equality today. To learn more, read on and let’s get to the bottom of this unequal pay gap.
After all, our mission at Payactiv is to build stability for low-wage workers so that they have space to reach their potential. After all, our mission at Payactiv is to build stability for low-wage workers so that they have space to reach their potential. Since debuting the revamped app in spring 2021, we’ve been on a winning streak.
843-981-8898 pr@benefitfocus.com Benefitfocus Adds PayActiv as Financial Wellness Partner On-demand access to earned wages helps improve workplace engagement, recruitment and retention Charleston, S.C. PayActiv is a financial wellness solution offering on-demand access to earned wages for hourly workers. Benefitfocus, Inc.
Every day, Payactiv works to level the playing field for all Americans struggling to make it between paychecks. Here is a look at economic challenges facing Black Americans and advice from Black leaders in the online financial community. financial inequality is one hell of a challenge – and we build solutions.
13, 2020 /PRNewswire/ –PayActiv, Inc., the leading employer-sponsored earned wage access and holistic financial wellness platform, today announced that it has secured $100 million of funding to further its mission of bringing security, dignity and savings to workers. SAN JOSE, Calif. ,
Teachers need to start developing their lesson plans and getting their classrooms ready to welcome both new and familiar faces. Teachers need to start developing their lesson plans and getting their classrooms ready to welcome both new and familiar faces. For most teachers, their job is a vocation. Why Are Our Teachers So Stressed?
In recent years, we’ve seen the lingering economic fallout of the pandemic, low employment, and critical labor shortages force people to reassess their relationship with financial planning and security. With the right mindset, planning, and tools, financial security is possible for anyone. Live On Less Than You Earn.
Set money aside with the Payactiv Visa Ⓡ Card*. Take your sticky notes off the fridge and delete your calendar reminders by setting up auto-transfer. Our second tip is to use a tool you love. Use a tool like the Payactiv Visa Ⓡ Card* to reach your goals. The Payactiv Card is not a credit card. Why stop now?
It just takes consistency and discipline, and that’s where Payactiv is here to help. Use a free tool like Payactiv to stay on top of your finances in 2023. Intro – The Economy in 2023 Eric Rosenberg: Hello, welcome to the Payactiv Podcast. Welcome back to the Payactiv podcast. Have financial questions for us?
We organize all of the trending information in your field so you don't have to. Join 318,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content