Payactiv

JULY 18, 2023

Wages, management, and scheduling are top concerns for QSR employees, based on an analysis of exit interviews and a review of text messages exchanged between employers and employees. In 2022, QSRs already cut operating hours by an average of 6.4 hours per week compared to pre-pandemic levels to compensate for staff shortages.

Staffing Software

Payactiv

JANUARY 12, 2021

It seemed too good to be true, but they were pleasantly surprised to find such a solution with Payactiv. Help improve the financial wellness of hourly crew members Lower the high turnover rates of their workforce Offer a benefit that will not affect the company’s operating expenses Payactiv’s customer support has been fantastic.

PayActiv

Payactiv

AUGUST 7, 2016

HOSPITALS “By empowering our employees to improve their financial wellness, the Payactiv service helps us optimize productivity and provide excellent care to our patients.” Participants access their earned wages and other financial services at a nominal, fixed per transaction fee for employees.

Recruiting Software

Payactiv

APRIL 13, 2020

Industry: Hospitals Baton Rouge General provides staff members with groundbreaking financial wellness services that include immediate access to earned wages plus innovative ways to increase savings and eliminate debt. Participants access their earned wages and other financial services at a nominal, fixed per-transaction fee for employees.

PayActiv

Payactiv

SEPTEMBER 23, 2021

They understand their customers, systems, and processes and the little tricks that make an organization tick. We’ll also explore how Earned Wage Access (EWA) services fit into a broader compensation and benefits package to help support long-term employee retention. Onboarding Costs. The Costs of Employee Turnover. Hiring Costs.

Recruiting Software

Payactiv

APRIL 22, 2022

Learn more about the four big benefits of offering earned wage access to your call center employees. Virtual recruiting accelerated into the primary method for business to not only search, but also to interview and onboard. Savvy staffing executives must leverage social media platforms to attract a younger pool of workers.

Staffing Software

Payactiv

DECEMBER 20, 2024

Indirect Costs: The Impact of Employee Turnover on Company Culture A Decline in Productivity All too often, once an employee has handed in their letter of resignation, they take their foot off the gas assuming theyre required to work out a notice period in terms of their contract of employment and dont leave immediately.

Wage and Hour Training

Payactiv

APRIL 12, 2022

All too often, once an employee has handed in their letter of resignation, they “take their foot off the gas,” – assuming they’re required to work out a notice period in terms of their contract of employment and don’t leave immediately. But the price goes well-beyond dollars and cents. High Employee Turnover Costs Money. million per year.

Wage and Hour Training

Payactiv

DECEMBER 23, 2024

People who are laid off due to workforce reduction or restructuring also fall into this group. Turnover Rate = Number of Separations Average Number of Employees x 100 Today, there are numerous HR software tools at your disposal that you can use to analyze your businesss turnover trends by month, year, or quarter.

Hiring Software

Payactiv

MARCH 22, 2022

People who are laid off due to workforce reduction or restructuring also fall into this group. Today, there are numerous HR software tools at your disposal that you can use to analyze your business’s turnover trends by month, year, or quarter. These tools can help you spot an unusually high employee turnover rate.

Hiring Software

Payactiv

MARCH 1, 2022

If you’ve had to dust off your “We’re Hiring!” At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward. ” signs over the last few months, you’re not alone. According to Gartner, Inc.’s Current US vacancies are highest among low-skill occupations.

AI Recruiting

Payactiv

OCTOBER 19, 2021

As the war for talent rages on and candidate shortages escalate, the balance of power has tipped firmly in favor of job seekers. Now, they can pick and choose among prospective employers, and their expectations have never been higher. What Exactly Is an Employee Value Proposition? What Is the Importance of an Employee Value Proposition?

Wage and Hour Training

Payactiv

DECEMBER 16, 2022

Inquire about financial wellness benefits like Earned Wage Access (EWA). But learning the ins and outs of health insurance, retirement plans, and payroll perks can help improve your finances. But learning the ins and outs of health insurance, retirement plans, and payroll perks can help improve your finances.

PayActiv

Payactiv

DECEMBER 7, 2021

Shockingly only about 1% of new technology has been developed to serve this large group of people. Most of the existing employee communication platforms were developed by people sitting behind a desk for other people sitting behind a desk. The majority of the global workforce is deskless. In fact 80% of workers or 2.7

Onboarding Software

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. A Fireside Chat with OnShift.

Hiring Software

Payactiv

JANUARY 4, 2022

Absenteeism happens when an employee starts missing work frequently or doesn’t keep to their contracted number of hours. Absenteeism can become a disruptive force in the workplace – it can be costly for employers and inconvenient for co-workers. This holds true for both full-time and shift-based workers. 10 Common Causes of Absenteeism.

Hiring Software

Payactiv

JUNE 25, 2017

You can spend vast sums on recruiting and training only to lose your employees for a one dollar hike in pay offered by an alternative employer. You can spend vast sums on recruiting and training only to lose your employees for a one dollar hike in pay offered by an alternative employer. and still lose their people in alarming numbers.

Wage and Hour Training

Payactiv

NOVEMBER 14, 2022

If there’s anything the events of the last two years and the ongoing impact of the Great Resignation have taught employers, it’s that they need to shift their focus to better accommodate employees – and their mental and physical wellbeing. According to recent research , 90% of employers are upping their investment in mental health wellness programs.

Hiring Software

Payactiv

JUNE 23, 2021

Replacing an employee making $10 per hour equates to $3,328 and this number continues to increase with higher brackets. Payactiv’s invention, Earned Wage Access (EWA) has become a must-have benefit for companies that deal with high turnover. . Earned Wage Access Confirmed to Increase Employee Retention Impact Report” .

Hiring Software

Payactiv

MARCH 7, 2025

The heart of every business is its employees, and these employees need to be paid their wages on a regular basis. Whether a monthly, bi-weekly, or weekly pay schedule, payroll is typically done via a payroll system. It typically involves the calculation of wages, deductions, and net pay. What Is Payroll Management?

Hiring Software