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Cracking the Retention Code: Why Do Call Centers Have High Turnover Rates?

Payactiv

Inadequate Compensation As of March 2024, the average hourly pay for call center agents in the US is just $17.75 Incentivize Loyalty Another effective retention technique is to align agents’ compensation with their achievements. Using Payactiv, InfoCision found a means to bridge the gap between employee financial needs and payday.

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Automated Cashless Tips for Tipped Employees

Payactiv

Key takeaways: Automated cashless tips provide a secure and efficient way to compensate tipped employees, reducing the risks associated with cash handling. Many businesses are building up new staff with fleetingly attractive hiring incentives and sign-on bonuses. Why not just stay with manual disbursements?

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How to retain employees in healthcare sector

Payactiv

HOSPITALS “By empowering our employees to improve their financial wellness, the Payactiv service helps us optimize productivity and provide excellent care to our patients.” Johnson went on to assess how the Payactiv implementation would affect internal groups such as IT, payroll, and human resources.

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Empowering Employees to Relieve Financial Stress, Improve Patient Care

Payactiv

In particular, the hospital’s “total rewards” program promotes wellness, balance, and career development, including financial wellness benefits and incentives in the form of discounts and bonuses. Johnson went on to assess how the Payactiv implementation would affect internal groups such as IT, payroll, and human resources.

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National Fast Food Day: Thanking the Fast Food Workers

Payactiv

A Side of Incentives. Taco Bell is adding in-car interviews, Chipotle is offering debt-free higher education, Donatos has given applicants a certificate for a free pizza, Applebee’s is handing out free appetizers, and Rewards Network has offered referral bonuses to current employees. . Expanding the Menu.

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Tired of Employee Turnover? Increase Retention with this Easy to Implement Cost-Free Solution

Payactiv

EWA is a key feature of the Payactiv financial wellness platform which includes a whole suite of financial management services that help people deal with everyday financial needs and provide a path to financial stability and growth. . Managers can reduce churn by incentivizing retention — setting regular bonuses and/or pay increases.