Payactiv

MARCH 22, 2022

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. The turnover rate near double creates the perfect storm. Download Now.

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Payactiv

FEBRUARY 3, 2022

Mark Feffer: Joining us today is Sabina Bhatia, the chief customer officer of Payactiv. They provide Earned Wage Access, which allows employees to access their pay before a scheduled payday. We’re going to talk about Payactiv’s products, how it sees the market, and where it hopes to go, on this addition of PeopleTech.

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Payactiv

MARCH 7, 2024

You’d probably also ask that your employees stay satisfied, healthy, dedicated to their work, and keen to remain with your organization. Employer-sponsored programs that build employee wellness in these critical areas are good for companies, too. Currently, 4 in 10 employees who have access to a 401(k) are not participating.

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Payactiv

JULY 1, 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. Costs add up fast.

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Hiring Software Interview Software HR Software Retention and Turnover 59

Payactiv

SEPTEMBER 23, 2021

The best-performing businesses place the experience of their employees front and center. Of course, a reasonable level of employee turnover can freshen up the team. Here we’ll look at the cost of employee turnover and recommend some practical steps to help managers ensure employees remain loyal to the business.

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Payactiv

NOVEMBER 19, 2024

A compassionate workplace culture breeds happier employees and increases productivity, business efficiency, and employee loyalty. Here are the top 3: Improved Employee Retention Unhappy employees result in high turnover rates. In turn, employee health improves productivity and company success increases.

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Planning Tools PayActiv HR Software Wage and Hour Training 98

Payactiv

OCTOBER 10, 2024

However, the retail industry is plagued by high turnover rates that exceed the average in other sectors. As of May 2024, the average employee turnover rate in the retail industry was 4.0% So, what’s fueling this high employee turnover in the retail industry, and what can retail employers do about it? and $16.35.

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Hiring Software Wage and Hour Training Planning Tools PayActiv 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

JULY 25, 2018

Integration enables ADP clients to help employees better manage finances San Jose, Calif. ADP clients who choose to leverage PayActiv will provide their employees access to earned, but unpaid income, up to $500 to address immediate needs without the fear of overdraft fees, late fees or additional debt.

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Payactiv

SEPTEMBER 17, 2020

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.

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Payactiv

MARCH 1, 2021

Hancock Whitney is the first bank in the United States to resell the Earned Wage Access (EWA) program from Payactiv. Starting immediately, Hancock Whitney will include Payactiv as an additional banking solution for its business clients. We are pleased to offer Payactiv to our business clients with 100 or more employees.

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Payactiv

MARCH 30, 2023

Survey Reveals Alarming Lack of Employer Understanding of Financial Wellness Benefits San Jose, March 30, 2023 – Payactiv , Inc., The results show that most organizations lack solid data about the financial wellness of their employees, and very few excel at improving it.

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Payactiv

APRIL 14, 2022

Employee Support in 2021 with Earned Wage Access. Losing a quality employee is painful. It costs your company in customer relations, institutional knowledge, hiring, and recruitment. Employees need more than a high salary, and that is where a financial wellness program comes in. Let’s face it. Engage Workers.

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Hiring Software Planning Tools Interview Software Recruiting Software 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,

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PayActiv Wellness Retention and Turnover Recruiting Software 59

Payactiv

MAY 4, 2016

The inability to save and have financial stability creates significant stress for employees, which leads to loss of workplace productivity. Lost productivity due to absenteeism One in five employees misses work to deal with a financial problem, according a 2014 Consumer Finance Protection Board report.

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Productivity Retention and Turnover PayActiv Workable 52

Payactiv

APRIL 12, 2022

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. Thus, there are a trillion reasons for organizations to care about keeping turnover to an absolute minimum. Equally devastating are the effects on employee morale, customer relationships, and brand equity in the marketplace.

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Payactiv

JANUARY 16, 2024

Consumers can now sign up for a checking account by phone and transact on the same day. And now, fintech is coming to employee benefits, revolutionizing financial care for workers in unprecedented ways. Their solutions give people never-before-imagined access to speed, flexibility, and transparency.

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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?

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

Payactiv

JUNE 15, 2016

Return to Blog Home A Tale of Two Benefits: Employee Wellness Programs By Maya Ahmed, June 15, 2016 --> The Untold Story of Millions who accumulate debt while waiting for payday Felipe is 40-years-old, a machinist in New Jersey and the breadwinner of his household. PayActiv helped Felipe regulate his income and manage his financial health.

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Wellness PayActiv Retention and Turnover Recruiting Software 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

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PayActiv Wellness Retention and Turnover Recruiting Software 52

Recruiters Lineup

AUGUST 3, 2023

Financial stress is a significant concern for employees, impacting their overall well-being and job performance. In response, many employers have implemented financial wellness programs in the workplace to help employees improve their financial health, thus making informed decisions about their finances.

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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. This has led many employees, potential candidates, and employers to view the current labor shortage as a negotiation.

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Payactiv

APRIL 29, 2024

More and more employees are looking to their employers for more support. Currently, there’s a 22 percentage-point gap between employers’ perceptions of employee satisfaction and how their employees truly feel. What Are Employee Wellness Programs? So, what’s the issue? But the cost of benefits isn’t the only problem.

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Payactiv

JUNE 28, 2024

Dissatisfied employees can be difficult to spot, but some may send out warning signs. With businesses across all industries struggling to hire talent, it’s vital to recognize the telltale signs of a flight-risk employee, and have a sound strategy to keep them with your organization. What is a Flight-Risk Employee?

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Payactiv

MAY 2, 2022

In this segment of The Compassionate Capitalist Show™, Karen Rands is joined by Sabina Bhatia, Chief Customer Officer at Payactiv, the champion of Earned Wage Access (EWA) to talk about the impact ‘financial insecurity and well being’ of hourly wage workers have on the profitability and scalability of businesses.

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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. 5 Flexible Employee Benefits to offer Today 1. Let’s dive in. Learn More 2.

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Payactiv

JULY 1, 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. Costs add up fast.

Hiring Software 52

Hiring Software Interview Software HR Software Screening 52

Payactiv

JULY 23, 2021

Research from the Harvard Kennedy School of Government concludes that when employees have a low-cost fintech solution to help with short-term small-dollar financial shocks, it materially improves their financial resiliency and health. The post The Top 12 Questions to Ask When Considering an EWA Provider appeared first on Payactiv.

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Payactiv

JULY 3, 2023

Offering employees access to on-demand pay empowers them to stretch their earnings and meet their financial wellness goals. 1 in 6 working Americans thinks all employers should offer their employees immediate access to their earned wages, but only 1 in 10 companies currently do so. One way to get there is by embracing on-demand pay.

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PayActiv Wage and Hour Training Planning Tools Retention and Turnover 52

Payactiv

OCTOBER 17, 2024

Employees in such situations often turn to their employers for a paycheck advance. In this article, we’ll consider paycheck advances and examine the potential risks they introduce for companies and employees. When Do Employees Typically Seek Paycheck Advances? Many workers are unprepared to deal with these unwelcome surprises.

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Onboarding Software PayActiv Planning Tools Payroll 52

Payactiv

MAY 2, 2022

Welcome to our resource page for Hospitality Hiring! This catastrophic shakeup caused many workers to switch industries completely and left hotels scrambling to hire enough workers. We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your hiring plan.

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Industry Wage and Hour Training Hiring Software Bonuses and Incentives 52

Payactiv

MAY 8, 2020

While specializing in providing a delightful customer experience, Sun Com has also focused on creating a wonderful employee experience for its nearly 2500 employees. Sun Com has been a Payactiv partner in financial wellness since 2018. There was a clear need for the Payactiv solution and the results speak for themselves.

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Payactiv

MARCH 1, 2022

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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Payactiv

FEBRUARY 17, 2016

PayActiv Secures $9.2 –Following a successful 2015, PayActiv, FinTech startup, announced that it has secured $9.2 The funding will help to grow PayActiv’s suite of turnkey, employment-based financial wellness offerings. Technology is our best hope for improving the lives of the unbanked.”

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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? Better Financial Management When employees have real-time access to their earnings, it sets the stage for better budgeting and saving opportunities.

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Recruiting Software Payroll PayActiv Retention and Turnover 52

Payactiv

JUNE 8, 2021

Payactiv , a Public Benefit Corporation and Certified B-Corp, provides on-demand access to earned but unpaid wages. Businesses that partner with Payactiv to offer financial wellness services to their workforce see significant cost reductions through increased recruitment, engagement, and retention. Safwan Shah. . Safwan Shah.

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Hiring Software Recruiting Software Onboarding Software Planning Tools 52

Payactiv

SEPTEMBER 19, 2016

PayActiv’s Financial Wellness Solution Awarded HRE’s Top Products of 2016September 20, 2016 09:00 AM Eastern Standard Time SAN JOSE, Calif.–(BUSINESS Employees can access earned – but as of yet, unpaid – income up to $500 instantly to address immediate needs without the fear of late fees, overdraft fees, or additional debt.

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