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Building a Resilient Healthcare Workforce through Financial Wellness Programs

Payactiv

Financial wellness has become one of the most sought-after employee benefits among U.S. As the cost-of-living crisis rages on and more burned-out healthcare workers exit the workforce, employers in this sector have an opportunity to support and retain their workers by offering financial wellness benefits that really matter.

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

HRExecutive

A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C., So far, Aimbridge employees have made more than 320,000 PayActiv transactions, totaling $27 million in earned wages. nonprofit. “I

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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

Here are a few key strategies: Provide Competitive Wages and Benefits One way to better attract and retain top talent is to offer competitive salaries, attractive benefit packages (including health insurance, paid time off (PTO), and retirement plans), and flexible scheduling options. Read the full case study.

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5 Strategies for Supporting Senior Care Workers

Payactiv

The prevalence of cancer, diabetes, and other chronic diseases, as well as a considerable rise in the geriatric population, is increasing the demand for senior care services. Since January 2020, 400,000 nursing home and assisted living staff have quit, citing pandemic exhaustion as well as low pay and lack of advancement opportunities.

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Industry Insights: Healthcare

Payactiv

Most senior and experienced nurses are nearing retirement while some may leave earlier than expected due to burnout. One in six of the world’s nurses likely will retire in the next 10 years. There are a variety of ways to do this through financial wellness benefits, housing and transportation incentives, flexible shifts, and more.

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Industry Insights: Healthcare

Payactiv

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. Most senior and experienced nurses nearing are retirement, or some leaving earlier than expected due to burnout. Vertical Fact.

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Industry Insights: Manufacturing

Payactiv

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 manufacturing businesses, are facing when it comes to hiring. Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage.