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Industry Insights: Healthcare

Payactiv

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. Hiring is a multi-layered process. Download Now. The Healthcare Facts.

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Industry Insights: Healthcare

Payactiv

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. Today, 33% of recruiters spend sourcing candidates over 20 hours a week.

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

Payactiv

The hospitality industry is experiencing a boom in demand yet faces a significant hurdle: a hiring crisis and a nationwide workforce shortage for key workers, including housekeepers, front desk staff, hotel managers, bartenders, servers, and banqueting staff. Ensure everyone in the recruiting process supports your communications strategy.

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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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11 Recruiting Strategies to Help Your Business Stand Out

Payactiv

If you’ve had to dust off your “We’re Hiring!” Employers are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent. At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward.

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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.

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From Stress to Success: How Financial Tools Support Your Workforce

Payactiv

Recent research found that half of all employees report moderate to high levels of financial worry, and many are leaning on retirement accounts as their primary emergency fund. Theyre also less likely to leave their jobs, which reduces recruitment costs and sustains team cohesion and continuity. Payactiv is here to help.