Payactiv

DECEMBER 18, 2024

Recent research found that half of all employees report moderate to high levels of financial worry, and many are leaning on retirement accounts as their primary emergency fund. Theyre also less likely to leave their jobs, which reduces recruitment costs and sustains team cohesion and continuity. Payactiv is here to help.

Assessment Software 52

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Payactiv

MARCH 7, 2024

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.

PayActiv 52

PayActiv Planning Tools Recruiting Software Retention and Turnover 52

Payactiv

AUGUST 13, 2020

13, 2020 /PRNewswire/ –PayActiv, Inc., The Series C financing round was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link•Age Fund II. ” As a standalone ready-to-use mobile app, PayActiv provides the funds for earned wage access. SAN JOSE, Calif. ,

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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.

PayActiv 52

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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. Diversity can also accelerate your recruitment efforts. Businesses that can retain their people are also quickly noticed by prospective recruits. How Payactiv Can Help.

Employee Engagement 101

Employee Engagement Talent Experience 10KC Hiring Software 101

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

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 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 31, 2022

Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early. Surprisingly, nearly 2 million workers decided on early retirement during the pandemic, which has also contributed to the shortage.

Hiring Software 52

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Recruiters Lineup

AUGUST 3, 2023

Additionally, some financial wellness programs may offer debt management strategies, retirement planning tools, and access to financial coaches who can provide one-on-one guidance. Payactiv Payactiv prides itself on serving over 1500 global companies. Its price plan is also transparently priced per employee per month.

Planning Tools 76

Planning Tools Recruiting Software Software Wellness 76

Payactiv

NOVEMBER 3, 2016

Some include retirement planning, financial literacy, investment planning, debt management, savings schemes, emergency funds, and so on. While it should help the business achieve greater operational efficiency by way of reduced turnover, increased productivity, reduced absenteeism and greater recruitment.

Wellness 52

Wellness PayActiv Retirement Productivity 52

Payactiv

SEPTEMBER 19, 2024

These plans typically include health insurance, retirement funds, paid time off (PTO), and other perks like flexible savings accounts (FSAs). Your Obligations as an Employer In the US, the Employee Retirement Income Security Act (ERISA) requires that employers regularly update their workforce about their benefits options.

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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

PayActiv Wage and Hour Training Retention and Turnover Planning Tools 59

Payactiv

FEBRUARY 6, 2023

Recent research revealed that around 60% of employees wanted their employer to expand their retirement benefits and financial and budget planning tools. Payactiv, the pioneer and leading provider of EWA, is the only certified B Corp in the industry. EWA is the only alternative to high-interest and predatory payday loans.

Employee Benefits 52

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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. Payactiv is the partner of choice for businesses seeking to help employees participate fully in both work and life. Learn more about Payactiv’s Service , or book your demo now.

Hiring Software 52

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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.

PayActiv 52

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Payactiv

MARCH 29, 2022

Post-retirement health insurance. Employee retention matters to every business because recruiting employees is a time-consuming and expensive overhead. The Payactiv Payroll Card Option. Payactiv is a pioneer of modern, digital payroll solutions. Payactiv provides a 2-day cash float. Reduce Staff Turnover.

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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. appeared first on Payactiv.

Employee Benefits 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 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.

Hiring Software 52

Hiring Software Recruiting Software Wage and Hour Training Planning Tools 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. A Fireside Chat with OnShift.

Hiring Software 52

Hiring Software Recruiting Software Onboarding Software Planning Tools 52

Payactiv

DECEMBER 20, 2024

Some retire or move to another part of the country. Recruitment Costs The price of finding the right person to hire can quickly add up. Recent research revealed that: More than half of organizations increased their recruitment efforts in 2024. Payactiv offers a compelling model for EWA to help both employers and employees.

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Payactiv

DECEMBER 23, 2024

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. Recruitment has become an almost fully digital industry, and with online job boards proliferating, its quick and easy to discover and apply for new positions.

Hiring Software 52

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

Payactiv

MARCH 2, 2023

Provide guidance on improving credit scores, reducing debt, and developing a long-term financial plan for retirement. Why Payactiv is the Financial Wellness Partner of Choice for Businesses of All Sizes Employees’ financial well-being is critical to any successful business, particularly in today’s uncertain economic climate.

Planning Tools 52

Planning Tools Assessment Software Recruiting Software Wellness 52

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.

Wage and Hour Training 52

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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. Recruitment has become an almost fully digital industry, and with online job boards proliferating, it’s quick and easy to discover and apply for new positions.

Hiring Software 52

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

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.

Hiring Software 52

Hiring Software Wage and Hour Training Recruiting Software PayActiv 52

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.).

Wage and Hour Training 52

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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. Tags: Amazon, Recruitment. Sign up now.

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HR Software Recruiting Software Planning Tools Assessment Software 45

Payactiv

APRIL 14, 2022

It costs your company in customer relations, institutional knowledge, hiring, and recruitment. This can help employees avoid using their retirement resources to address financial problems. Payactiv is the most effective approach for workers. Employee Support in 2021 with Earned Wage Access. Let’s face it.

Hiring Software 52

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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. Consider offering free financial tools and coaching on retirement planning, money management, and debt to help vets work toward a more secure financial future.

Employee Benefits 52

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Payactiv

NOVEMBER 19, 2024

This includes everything from recruitment agency fees and job advertisements to training new hires. The post Why Loyalty In The Workplace Is Important appeared first on Payactiv. Businesses that fail to cultivate a sense of loyalty in their people will also impact their bottom line. Learn more about our services or book your demo now.

Retention and Turnover 52

Retention and Turnover PayActiv Talent Experience 10KC 52

Payactiv

APRIL 27, 2023

Companies that offer financial wellness programs are more likely to retain their employees, thereby avoiding unnecessary expenditures on recruitment and training and the loss of skills and institutional knowledge that is difficult to recover. This can include training on debt management, retirement planning, and investment strategies.

Assessment Software 52

Assessment Software Planning Tools Recruiting Software HR Software 52

Payactiv

FEBRUARY 27, 2021

Retirement Plans Today’s employees often depend on their employer to help them save for retirement. However, they can avoid all taxes on money taken out for retirement as long as they are over 59 1/2 years old. In addition, you’ll have an increased ability to recruit the best people around when positions do open up.

Wellness 52

Wellness Wage and Hour Training Hiring Software Retirement 52

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. Sadly, each of these products leads to increased stress and an unending spiral of debt related issues. It doesn’t have to be this way.

Wellness 52

Wellness Retention and Turnover Recruiting Software Time and Attendance 52

Payactiv

MARCH 28, 2023

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. The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021. Given that around 2.6

Wage and Hour Training 52

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Payactiv

JUNE 23, 2023

Companies that offer financial wellness programs are more likely to retain their employees, which avoids unnecessary expenditure on recruitment and training and the unrecoverable loss of skills and institutional knowledge. Payactiv will not be liable for any errors or omissions in this information nor for the availability of this information.

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