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How this HR’s Rising Star and ‘numbers person’ innovates in hard-hit hospitality

HRExecutive

That has created a cascade of HR transformations—along with opportunities—many of which are being helmed by Conrad Riddle, vice president of HR shared services. Riddle is one of Human Resource Executive ‘s five HR’s Rising Stars for 2023. nonprofit. “I

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Industry Insights: Manufacturing

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage. HR Challenges in Manufacturing. Tips For HR Practitioners in Manufacturing.

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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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10 Best Financial Wellness Software in 2023

HR Lineup

Financial wellness software has become an essential tool for individuals and organizations seeking to improve their financial health. In 2023, the demand for such software has surged, prompting innovation and improvements in existing solutions. What is Financial Wellness Software?

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Adapting to Employment Trends for Financial Wellness in the Future of Work

Payactiv

Employees in this category may lack job security; their incomes are often volatile, and they generally don’t enjoy employer-provided benefits such as health insurance or a retirement plan. Many find it difficult to deal with an emergency or may end up entering retirement without adequate savings or even finding themselves unable to retire.

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M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

PayActiv Raises $20 Million to Expand Financial Wellness Offering for Millions of Financially Stressed Workers. My Ally, a CA-based company applying Artificial Intelligence (AI) to enhance the candidate experience, Completes Series A Financing Round. LinkedIn acquires employee engagement platform Glint. Sign up now.

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Create a Culture of Financial Wellness For Employees That Lasts All Year

Payactiv

Thinking long-term is getting harder for many employees—just 31% continue prioritizing their retirement, down from 45% in 2022. The top reasons given for tapping into retirement savings are avoiding foreclosure and paying medical expenses.In Unfortunately, all too often these systems bring little value or ROI.