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. Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early.

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Payactiv

NOVEMBER 29, 2022

In particular, hospitality and retail workers have more choices than ever about where they work, and companies need to understand people’s priorities and reexamine their employee value propositions to compete. What Is a Benefits Package? How to Evaluate Your Benefits Package. appeared first on Payactiv.

Employee Benefits 52

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Payactiv

OCTOBER 10, 2024

Review Your Employee Health Benefits Reviewing your employee benefits at the end of the year is important. Plan for Tax Season There are other ways you can use employee benefits to lower your tax burden next year. Your risk tolerance typically decreases as your time horizon until retirement shortens.

Planning Tools 52

Planning Tools PayActiv Retirement Assessment Software 52

Payactiv

SEPTEMBER 19, 2024

As the fall approaches, so too does the annual open enrollment season for employee benefits—the period during which employees have the opportunity to review and adjust their benefits plans for the upcoming year. This also ensures employees have sufficient time to review their options and select new plans.

Strategy 52

Strategy PayActiv Retirement Talent Experience 52

Payactiv

MARCH 22, 2022

Most senior and experienced nurses nearing are retirement, or some leaving earlier than expected due to burnout. With “The Great Resignation” in full swing and candidates demanding more benefits, raising pay has swiftly become a standard requirement. The post Industry Insights: Healthcare appeared first on Payactiv.

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

Payactiv

FEBRUARY 21, 2022

Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage. Manufacturing companies can offer a range of employee benefits to stay competitive—flexible hours and scheduling, competitive pay and training, to name a few. HR Challenges in Manufacturing.

Industry 52

Industry Hiring Software Staffing Software Recruiting Software 52

Payactiv

MAY 21, 2024

employees say they’re more likely to stay at their current jobs if their employer provides financial wellness benefits. Financial wellness is undoubtedly the #1 employee benefit for 2024. Let’s consider which ones your employees want and need most. Top 5 Financial Wellness Benefits for 2024 1. Did you know?

PayActiv 52

PayActiv Wellness Wage and Hour Training Retirement 52

Payactiv

JUNE 8, 2023

A customized employee benefits strategy can attract veterans and help them grow and develop. As we approach National Hire a Veteran Day , let’s explore why offering diverse and customizable employee benefits catered to veterans’ unique circumstances makes business sense.

Employee Benefits 52

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Payactiv

JULY 18, 2024

As we touched on earlier, typical employment-related cost-of-living raises take into account where the employee lives. Retired workers are the largest group of beneficiaries, but many children, spouses, and disabled people also receive these government benefits. Employee discounts. Travel benefits.

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PayActiv Wage and Hour Training Examples Industry 83

Payactiv

OCTOBER 23, 2023

Financial wellness programs help younger workers establish a firm financial footing early in life and support older Millennials, now approaching their 40s, to get their retirement savings plans in order. Earned wage access levels the playing field by giving employees “instant liquidity.”

PayActiv 52

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Payactiv

APRIL 5, 2022

Among health care workers who have kept their jobs during the pandemic, 31% have considered leaving, and 12% of health care workers say they plan to retire early or work elsewhere. Allowing employees to access funds at any time lets them live the life they’ve earned. Other Ways Payactiv Can Help.

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Hiring Software Recruiting Software Wage and Hour Training Planning Tools 52

Payactiv

AUGUST 24, 2023

A multi-generational workforce promotes diverse thinking and can offer significant business benefits. Tapping into this potential requires putting the correct leadership, communication, upskilling, and flexible employee benefits and payroll structures in place. Gen-X workers might be seeking better retirement benefits.

PayActiv 52

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Payactiv

DECEMBER 16, 2022

Be honest: Do you completely understand your employer’s benefits package? But learning the ins and outs of health insurance, retirement plans, and payroll perks can help improve your finances. We’ll take you through the basic nuances of some of the most commonly-offered employee benefits so you can focus on building your career.

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HR Lineup

SEPTEMBER 29, 2023

It empowers users to make informed financial decisions through interactive lessons, budgeting tools, and retirement planning calculators. Spring Spring is a platform that helps organizations set up and manage employee benefit programs, including financial wellness initiatives.

Assessment Software 52

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Payactiv

OCTOBER 28, 2021

For decades, many hourly workers drew the short straw in regard to employee benefits packages, not enjoying the same perks as their full-time salaried counterparts. Employers find themselves fundamentally rethinking the way they attract, reward, and retain skilled employees. More Inclusive Benefits Benefit Everyone.

Wage and Hour Training 59

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Payactiv

MARCH 29, 2022

The amount you need to withhold will depend on your employees’ income levels and the information contained in their Form W-14. Employee Benefits. Companies that offer employee benefits will need to factor in the employer portion of the following costs: Insurance (health, dental, vision, life, and disability).

Payroll 52

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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.

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Payactiv

DECEMBER 27, 2023

Welcome back to The Good Cents by Payactiv Podcast. And if you use the Payactiv app, we actually have a feature built in there. So, that’s saving for future medical expenses with a tax benefit. I save for retirement every month. We actually have budgeting tools also built into the Payactiv app, which is pretty cool.

PayActiv 52

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Payactiv

APRIL 28, 2022

While many employees decide to work beyond the average retirement age to continue to enjoy the pay and benefits of their job, as well as the intellectual stimulation and sense of accomplishment it gives them, others may be working longer out of necessity. Learn more about Payactiv’s Service , or book your demo now.

Hiring Software 52

Hiring Software Recruiting Software Planning Tools PayActiv 52

Payactiv

APRIL 7, 2022

Payroll management also encompasses the timely payment of these wages and the filing of any relevant taxes and employee benefits. Efficient payroll management ensures compliance with the law, and it also helps foster a positive working relationship between employer and employee. EWA from Payactiv – How Does it Work?

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Payactiv

MARCH 8, 2022

Sponsor small donations to charities of your employees’ choice. Explore the Best Employee Benefits and Perks. Benefits and perks are essential ingredients of optimizing the employee experience. Whatever their reasons for leaving, exiting employees are an excellent source of insight and learning for every company.

Employee Engagement 101

Employee Engagement Talent Experience Hiring Software Wage and Hour Training 101

Payactiv

FEBRUARY 15, 2022

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.

Hiring Software 52

Hiring Software Wage and Hour Training Recruiting Software PayActiv 52

Payactiv

JANUARY 22, 2021

Payactiv helps people like you gain control of their finances and set savings goals. How Will Budgeting Benefit You? Are you budgeting for home renovations or retirement? Payactiv’s free financial toolkit helps you get smart insights into your spending and flags what’s safe to spend and put away.

Planning Tools 52

Planning Tools PayActiv HR Software Wage and Hour Training 52

Payactiv

MARCH 1, 2022

At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward. Business leaders say that employee wellbeing was the area they struggled with most amid the pandemic. It’s a simple yet compassionate way to show employees that you care. Offer Employee Benefits and Incentives.

Recruiting Software 52

Recruiting Software Hiring Software Recruitment Strategy 52

Payactiv

FEBRUARY 22, 2024

With this in mind, leading organizations are exploring ways to enhance their employee benefits packages in the year ahead and beyond. In this comprehensive article, we’ll look to the future of employee benefits programs, discussing the emerging trends that should shape your strategy.

Employee Benefits 52

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Payactiv

APRIL 13, 2016

These goals might include establishing a rainy-day savings fund, reducing or eliminating credit card debt, putting money aside for a child’s college tuition, or saving for retirement. As we’ve explored, they’re moving well beyond the employer simply contributing to their employees’ retirement accounts.

HR Planning 52

HR Planning HR Software Wellness Strategy 52

Advos

OCTOBER 12, 2018

Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. PayActiv Raises $20 Million to Expand Financial Wellness Offering for Millions of Financially Stressed Workers. This week’s fundings: $55M+. Sign up now.

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HR Software Recruiting Software Planning Tools Assessment Software 45

Payactiv

FEBRUARY 6, 2023

Mental wellness, physical wellness, and financial wellness are all new benefits that employers need to pay attention to. If you’re struggling to attract and retain talent, revamping your employee benefits package is a great place to start. billion employees, are deskless and often outside office space. .”

Employee Benefits 52

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Payactiv

MAY 12, 2024

Employers who get intentional about understanding and addressing working mothers’ needs with compelling employee benefits will win the loyalty of existing employees and catch the attention of prospective candidates. This Mother’s Day, let’s explore some employee benefits that matter most to moms.

PayActiv 52

PayActiv Hiring Software Wage and Hour Training Planning Tools 52

Payactiv

OCTOBER 30, 2023

Open enrollment is the period when employees can enroll in or make changes to their employer-sponsored benefits plans for the year ahead. Companies offer various benefit plans, such as health and life insurance and retirement savings programs. Employees then choose the specific benefit options they wish to opt in to.

Hiring Software 52

Hiring Software PayActiv Planning Tools Strategy 52

Payactiv

APRIL 22, 2024

However, they can provide critical support to their struggling workforce by offering financial wellness programs as part of their broader employee benefits initiatives. Whatever the environment, it’s important to remain rooted in what matters most—your employees.

Wellness 52

Wellness Wage and Hour Training PayActiv Study 52

Payactiv

APRIL 22, 2024

However, they can provide critical support to their struggling workforce by offering financial wellness programs as part of their broader employee benefits initiatives. Whatever the environment, it’s important to remain rooted in what matters most—your employees.

Wellness 52

Wellness Wage and Hour Training PayActiv Study 52

Payactiv

MARCH 28, 2023

The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021. million retirements are expected in the industry over the next decade, the industry is estimated to have 2.1 The post The Best Benefit to Address the Manufacturing Talent Shortage appeared first on Payactiv.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Staffing Software PayActiv 52

Payactiv

OCTOBER 25, 2022

when you download the Payactiv app 1. To schedule a coaching session, open the Payactiv app home screen and tap the menu button on the top right corner. Continue listening to Eric and Mario’s conversation below or read the transcript below: Eric Rosenberg: Hello, my name is Eric Rosenberg, the host of the Payactiv podcast.

PayActiv 52

PayActiv Planning Tools HR Software Coaching 52

Payactiv

OCTOBER 25, 2022

when you download the Payactiv app 1. To schedule a coaching session, open the Payactiv app home screen and tap the menu button on the top right corner. Continue listening to Eric and Mario’s conversation below or read the transcript below: Eric Rosenberg: Hello, my name is Eric Rosenberg, the host of the Payactiv podcast.

PayActiv 52

PayActiv Planning Tools HR Software Retirement 52

Payactiv

OCTOBER 25, 2022

when you download the Payactiv app 1. . To schedule a coaching session, open the Payactiv app home screen and tap the menu button on the top right corner. Continue listening to Eric and Mario’s conversation below or read the transcript below: Eric Rosenberg: Hello, my name is Eric Rosenberg, the host of the Payactiv podcast.

PayActiv 52

PayActiv Planning Tools HR Software Retirement 52

Payactiv

MARCH 22, 2022

It’s also important to understand the different types of employee turnover: Voluntary turnover refers to employees who left their company by choice. Their reasons for leaving might include accepting a new job elsewhere, personal commitments or challenges, or a desire to further their education, relocate, or retire.

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