Payactiv

MARCH 22, 2022

The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Hiring is a multi-layered process. A quarter of U.S.

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Industry Hiring Software Staffing Software Wage and Hour Training 52

Payactiv

OCTOBER 2, 2019

October 2, 2019 — Today at the HR Tech 2019 conference, Payactiv, the leading provider of affordable access to financial services, announced the results of its latest survey on employee retention. With the lowest rate of unemployment in 50 years, most US businesses are struggling to retain employees.

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PayActiv Retention and Turnover ADP Recruiting Software 52

Payactiv

JANUARY 12, 2021

Known for its redheaded girl logo, square burgers, and Frosty drinks, Wendy’s franchise is one of the top fast food chains in America; however, like the rest of the QSR industry, it also struggles with employee turnover rates as high as 130%.Offering It costs a lot of money to constantly recruit and train new employees.

PayActiv 52

PayActiv Hiring Software Onboarding Software Recruiting Software 52

Payactiv

NOVEMBER 19, 2024

And cultivating a culture of compassion in the workplace delivers many benefits to a business. Here are the top 3: Improved Employee Retention Unhappy employees result in high turnover rates. The costs associated with high turnover are expensive (it costs $3,328 to replace a $10/hour retail employee alone).

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Planning Tools PayActiv HR Software Wage and Hour Training 98

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. Logistics companies that offer the above benefits simply have a better chance of attracting talented workers.

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Hiring Software Employee Benefits Recruiting Software PayActiv 52

Payactiv

APRIL 29, 2024

Understanding the Positive Impact of Employee Wellness Programs Poor physical, mental, emotional, and financial health affects employees and their behaviors on multiple levels. Investing in them can greatly reduce healthcare costs, improve retention rates, and boost the financial health of employees and your organization.

Employee Benefits 52

Employee Benefits PayActiv Wellness Hiring Software 52

Payactiv

MARCH 14, 2023

Open enrollment is an important time of year for companies to showcase additional employee benefits beyond regular pay. However, consistently communicating benefits throughout the year is vital for employee satisfaction and retention. The great news is many of these benefits are free or low-cost to implement.

Employee Benefits 52

Employee Benefits Hiring Software Recruiting Software PayActiv 52

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?

Hiring Software 52

Hiring Software Wage and Hour Training Retention and Turnover Onboarding Software 52

Payactiv

OCTOBER 5, 2021

Unsurprisingly, the call center industry also holds record rates of turnover when compared to nearly every other industry in the world. This makes customer service employees’ dedication to work even more impressive and valued among those who interact with them, which -hint- has been everyone at some point in their lives.

Recruiting Software 59

Recruiting Software Wage and Hour Training Onboarding Software PayActiv 59

Payactiv

JULY 13, 2020

In your gut, you really want to help your employees, although, prior to Payactiv we didn’t have any concrete solutions to offer.”Last The results have been phenomenal in reducing employees stress and improving morale at work as well as improving retention and recruitment. Payactiv has been extremely successful for TTEC.

PayActiv 52

PayActiv Hiring Software Recruiting Software Retention and Turnover 52

Payactiv

DECEMBER 20, 2023

The concept makes perfect sense: You pay your babysitter or the professional who mows your lawn on the same day that they provided the service —so why not your employees? The entire process is automated, so there is no extra work for the employer and the employee can access their funds in seconds.

Recruiting Software 52

Recruiting Software Payroll PayActiv Retention and Turnover 52

Payactiv

APRIL 30, 2021

Payactiv is the most valuable employee benefit that can dramatically improve financial wellness and increase employee satisfaction with solutions like: On-demand pay (Earned Wage Access). Better recruitment, retention and engagement all at ZERO cost to you. Tips and mileage payouts. Savings and budgeting tools.

Recruiting Software 52

Recruiting Software PayActiv HR Software Hiring 52

Payactiv

JANUARY 16, 2024

And now, fintech is coming to employee benefits, revolutionizing financial care for workers in unprecedented ways. By helping employees with financial challenges, employers can improve related workplace outcomes like retention, satisfaction, and productivity.

PayActiv 52

PayActiv Retention and Turnover Employee Benefits Diversity 52

Payactiv

MARCH 19, 2021

Showing you care for your employees’ financial health goes a long way. Turnover Reduction Payactiv users have shown to be more than 30% less likely than non-users to leave a company on average. Happier Employees With an eNPS score of 84.7, Get the whitepaper

PayActiv 52

PayActiv Wellness Retention and Turnover Recruiting Software 52

Payactiv

MAY 4, 2022

Earned Wage Access (EWA), an innovative employee benefit program created by Payactiv, has been gaining attention and traction with each passing year. Let’s take a closer look at Earned Wage Access, understand what it is (and isn’t), and consider why it makes business sense to add it to your suite of employee benefits.

Wage and Hour Training 52

Wage and Hour Training HR Software Recruiting Software PayActiv 52

Payactiv

SEPTEMBER 23, 2020

InfoCision values its customers as much as it values its 2,500 employees and focuses on creating an environment conducive to employee wellness. InfoCision has been live with Payactiv since 2018. So many times the unexpected expense happens whereby employees need money immediately rather than waiting until payday.

Onboarding Software 52

Onboarding Software PayActiv Recruiting Software ADP 52

Payactiv

MARCH 29, 2022

Tax withholdings are the federal income taxes you withhold from your employees’ paychecks. The amount you need to withhold will depend on your employees’ income levels and the information contained in their Form W-14. Employee Benefits. Reduce Staff Turnover. The Payactiv Payroll Card Option.

Payroll 52

Payroll Wage and Hour Training PayActiv Hiring Software 52

Payactiv

MAY 2, 2022

Hotels may be beacons of light for patrons in the midst of long journeys, but they have experienced consistently high levels of employee turnover, retention issues, and understaffing. Get Payactiv for your business. The post Industry Insights: Hospitality appeared first on Payactiv. No More Heartbreak for Hotels.

Industry 52

Industry Wage and Hour Training Hiring Software Bonuses and Incentives 52

Payactiv

FEBRUARY 1, 2022

Scheduling employees properly can make a huge difference and improve retention, as well as cutting back on absenteeism rates. Deskless employees and shift workers don’t tend to have email access or any contact at all with the management level of the company, so it’s understandable that they may feel forgotten.

PayActiv 52

PayActiv Planning Tools Retention and Turnover Employee Benefits 52

Payactiv

JULY 12, 2022

According to the Financial Health Network, Earned Wage Access – also known as EWA or on-demand pay – “allows employees to safely draw some or all of their earned wages before payday.” What Are the Benefits of Earned Wage Access? Payactiv does not use ACH debits that trigger overdrafts. billion in 2020. Funding Access to Wages.

Hiring Software 52

Hiring Software HR Software Recruiting Software PayActiv 52

Payactiv

DECEMBER 28, 2021

With the QSR industry already battling turnover rates of up to 150%, now is the perfect time for employers to provide better benefits and more flexibility to potential and current employees. Fast food and faster turnover. Our eBook serves up the secrets to keeping QSR employees and hiring more in 2022. HIRING TIP.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Payactiv

DECEMBER 28, 2021

With the QSR industry already battling turnover rates of up to 150%, now is the perfect time for employers to provide better benefits and more flexibility to potential and current employees. Fast food and faster turnover. Our eBook serves up the secrets to keeping QSR employees and hiring more in 2022. HIRING TIP.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Payactiv

OCTOBER 17, 2024

Offering EWA coupled with a handy prepaid card is a great way to motivate your entire workforce and increase your company’s productivity and retention rates. In the best case, EWA can be an innovation in financial inclusion—a “win-win” opportunity for employees and their employers. . · Can control where their money goes.

Onboarding Software 52

Onboarding Software PayActiv Planning Tools Payroll 52

Payactiv

NOVEMBER 16, 2021

Fast Food, Faster Turnover. QSRs aren’t just known for their quick turnaround and service, they’re also known for having a turnover rate of up to 150%. In an average year, the QSR industry is home to nearly 5 million employees. These employees are often working at an entry-level capacity, part-time and in school, or full-time.

Hiring Software 52

Hiring Software Recruiting Software Onboarding Software PayActiv 52

Payactiv

MARCH 2, 2023

Financial stress is pervasive among employees, with 97% reporting stress and 80% concerned about inflation. Earned Wage Access (EWA) is an in-demand financial wellness benefit that gives employees access to pay accrued but has yet to be received. As inflation and the cost of living continue to rise, employees feel the squeeze.

Planning Tools 52

Planning Tools Assessment Software Recruiting Software Wellness 52

Payactiv

APRIL 13, 2016

When brought to the workplace, this stress leads to escalating costs for the employer due to lower productivity and engagement, absenteeism, workplace injury, the rising cost of health insurance premiums, high costs of turnover, and attrition. Learn how Payactiv’s financial wellness program can work for your company.

HR Planning 52

HR Planning HR Software Wellness Strategy 52

Payactiv

NOVEMBER 19, 2024

For decades, many hourly workers have missed out on the kinds of employee benefits and perks that their salaried counterparts enjoyed, such as paid vacation time and sick leave, retirement and health insurance benefits, opportunities for career advancement, and flexibility in terms of the hours they work.

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Payactiv

JUNE 23, 2021

Turnover is costing you exorbitant amounts of money every year and HR departments have been fighting it for decades. The numbers continue to inflate, the need to differentiate yourself from competitors is more important every year, and the cost associated with turnover can debilitate or even cripple a company. Healthcare. Senior Care.

Hiring Software 59

Hiring Software Staffing Software Onboarding Software Planning Tools 59

Payactiv

AUGUST 14, 2017

And cultivating a culture of compassion in the workplace delivers many benefits to a business. Here are the top 3: Improved Employee Retention Unhappy employees result in high turnover rates. The costs associated with high turnover are expensive (it costs $3,328 to replace a $10/hour retail employee alone).

Planning Tools 52

Planning Tools HR Software Wage and Hour Training PayActiv 52

Payactiv

MARCH 1, 2022

At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward. Organizations need to reimagine their recruitment approaches and optimize their retention strategies. Is your industry one with a high turnover rate, such as one that employs hourly workers? Offer Employee Benefits and Incentives.

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AI Recruiting Recruiting Software Hiring Software Recruitment 52

Payactiv

FEBRUARY 24, 2022

Thousands of hotel employees ask themselves this question every year and the resounding answer is “no”. . According to the Bureau of Labor Statistics, in an average year, the hospitality industry has a typical turnover rate of 73.8%. In August of 2021, The Harris Poll found that 83% of employees believe they should get paid every day.

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Hiring Software Recruiting Software HR Software Wage and Hour Training 98

Payactiv

DECEMBER 4, 2017

Taking a close look series Part 1: Workplace Morale Part 2: Employee Engagement Part 3: Employee Retention Employee Engagement Contrary to popular belief, people need only a few things to become highly engaged employees: a sense of social responsibility and purpose and the right day-to-day employee benefits.

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