Payactiv

APRIL 2, 2024

This National Employee Benefits Day, let’s consider why employee benefits matter and how you can improve your offerings to boost your recruitment efforts and make your people happier and more productive. For example, millions of workers use Payactiv’s Earned Wage Access solution to access their earned wages in a flexible, timely manner.

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Payactiv

AUGUST 13, 2020

13, 2020 /PRNewswire/ –PayActiv, Inc., the leading employer-sponsored earned wage access and holistic financial wellness platform, today announced that it has secured $100 million of funding to further its mission of bringing security, dignity and savings to workers. SAN JOSE, Calif. ,

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Payactiv

FEBRUARY 21, 2022

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. Properly understanding these challenges is imperative before diving into potential solutions.

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Payactiv

MARCH 27, 2024

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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Payactiv

MARCH 2, 2023

Complement your EWA employee benefit with additional financial wellness benefits such as budgeting tools, financial counseling, and access to discounts. Financial wellness benefits have emerged as a practical solution to help employees regain control of their finances and overall livelihood.

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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. 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

JUNE 28, 2024

The more valued employees leave your company, the more challenging and expensive recruiting for your business becomes. Harness Technology There are endless ways that technological advancements can make your workers’ experience more enjoyable, improving both productivity and retention.

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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. Health and Safety Concerns. Invest in Employees’ Professional Development.

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Payactiv

MARCH 1, 2022

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. What Is a Recruitment Strategy? Building a Winning Recruitment Strategy.

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Payactiv

NOVEMBER 29, 2022

Recruiting and retaining great people is a challenge that companies across the globe and in all industries are grappling with. The best EWA providers allow employees to access their earned wages through a handy mobile app with secure direct deposit features like Payactiv’s all-in-one digital wallet. million people.

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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. The cost of recruitment is significant, and timelines to fill open roles are often long, especially for more senior-level employees.

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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.

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Payactiv

APRIL 14, 2022

It costs your company in customer relations, institutional knowledge, hiring, and recruitment. Interactive technology can assist in bringing workers’ contributions into the design process. Upcoming financial wellness services using data from measurement tools should notify impending rollouts. Use Financial Wellness Tools.

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Payactiv

APRIL 27, 2023

The most effective financial wellness programs incorporate just not the tools but also focus on financial literacy, education, and coaching to empower employees to take control of their financial lives. These solutions offer a range of tools and resources that can help employees build sound financial habits and grow their financial acumen.

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Payactiv

JULY 8, 2022

Too often, these workers miss out on the perks that come standard with full-time roles, such as disability and life insurance, paid time off and sick leave, dental and vision coverage, retirement funding, and educational aid. It makes sense, then, that diversity is taken into account during your entire recruiting process.

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Payactiv

MARCH 29, 2022

Post-retirement health insurance. Other potential payroll pitfalls include human error, negligence, fraud, natural disasters, or technology failures. Employee retention matters to every business because recruiting employees is a time-consuming and expensive overhead. The Payactiv Payroll Card Option. Easy Implementation.

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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. LinkedIn acquires employee engagement platform Glint.

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Payactiv

FEBRUARY 15, 2022

This includes everything from recruitment agency fees and job advertisements to training new hires. Digital solutions such as that offered by Payactiv allow employers to give their workers access to shift management systems. Payactiv is here to help you on this employee satisfaction journey.

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Payactiv

OCTOBER 24, 2022

It’s not uncommon for people to leave a company and work for competitors that offer more attractive benefits and perks such as Earned Wage Access , paid time off and sick leave, retirement funding, health insurance, education support, or more flexible work schedules. Improve Your Employee Value Proposition with Payactiv.

PayActiv 59

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Payactiv

SEPTEMBER 6, 2022

It’s not uncommon for people to leave a company and work for competitors that offer more attractive benefits and perks such as Earned Wage Access , paid time off and sick leave, retirement funding, health insurance, education support, or more flexible work schedules. Improve Your Employee Value Proposition with Payactiv.

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Payactiv

APRIL 12, 2022

Some retire or move to another part of the country. Recruitment Costs. These costs can include the man-hours that your internal recruiter puts into the candidate search (writing job descriptions, screening resumes, scheduling and attending interviews, and doing background and reference checks, to name a few.). Be Flexible.

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Payactiv

MARCH 8, 2022

We’ve all heard the term “first impressions matter,” and it couldn’t be more relevant to the world of recruitment and hiring. That’s because it immediately establishes a platform to build energetic, innovative teams that can spark change. Diversity can also accelerate your recruitment efforts. How Payactiv Can Help.

Employee Engagement 101

Employee Engagement Talent Experience Hiring Software Wage and Hour Training 101

Payactiv

JUNE 8, 2023

To recruit or retain veterans, it’s important to understand their unique challenges and find ways to support them throughout their careers. On top of on-demand pay, access to day-to-day financial wellness tools that can help with saving and budgeting, on top of accessing 1:1 financial coaching and financial learning resources.

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Payactiv

OCTOBER 19, 2021

Recruit Top Talent. Minimize Recruiting Expenses. That means that your HR team will need to spend less time and money working with recruitment and headhunting firms. Other employee advantages or benefits include things such as health insurance, retirement contributions, paid leave, and health club memberships.

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Payactiv

SEPTEMBER 5, 2024

However, industry-wide low turnover doesn’t make recruiting easy when new or vacant roles need to be filled. With the retirement of Baby Boomers and the influx of Gen Z into the workforce, some organizations haven’t yet effectively modified their approaches to meet the distinct preferences and expectations of each generation.

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Payactiv

FEBRUARY 27, 2021

There is no cost to businesses for offering this program and depending on the provider has minimal administrative work because it works with your existing Time and Payroll systems. Retirement Plans Today’s employees often depend on their employer to help them save for retirement. All contributions are tax-deductible.

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Payactiv

FEBRUARY 6, 2023

Financial Well-being and Budgeting Tools Given widespread concerns about inflation, more employers are trying to support their employees in reaching their financial goals. Recent research revealed that around 60% of employees wanted their employer to expand their retirement benefits and financial and budget planning tools.

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Payactiv

APRIL 6, 2016

The majority of the nation’s working population can be made better prepared for recurring expenses, unexpected financial events and retirement, if given the right tools. So, what is the right tool, which reduces financial stress and provides peace of mind without adding additional debt? It doesn’t have to be this way.

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Payactiv

MARCH 28, 2023

million retirements are expected in the industry over the next decade, the industry is estimated to have 2.1 To identify these solutions, it’s crucial to understand the blockers that stop today’s eligible talent pool from pursuing careers in manufacturing. There were 803,000 manufacturing job openings in January 2023.

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Payactiv

MARCH 22, 2022

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. 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.

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Payactiv

JUNE 23, 2023

The best financial wellness programs combine tools to support their goals, and financial literacy education with coaching to empower and assist them with their financial lives. These solutions offer personalized budgeting and savings tools, counseling, and e-learning to help people build sound financial habits and grow their financial acumen.

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