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How Early Payday Apps Improve Employee Retention and Satisfaction

Payactiv

Some apps are integrated directly into employers payroll systems to allow employees to draw some of their wages in advance and collect a smaller paycheck on their regular payday. Instead, they determine how much a worker can withdraw early based on payroll data and the limits set by the employer.

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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. Well, as we all know, manual disbursement of employees tips can often be inefficient and error-prone with amounts being miscalculated or payrolls being thrown off.

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From Pay to Performance: Why Earned Wage Access Drives Retention and Resilience

Payactiv

If compensation is the cornerstone of employee experience, why do so many workers still feel financially trapped between paychecks? Thats the question Payactiv CEO Safwan Shah explored in his recent article , Not All Dollars Are Equal. Takeaway : Audit your financial wellness stack.

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Subway Starts Paying Employees Weekly After Employees Complains – 2 Weeks is Too Long

Heyyy HR!

Understanding the payroll schedule can help you plan your finances better and know when to expect your paycheck. Subway’s Payroll Policy Subway’s payroll policy primarily determines how often employees receive their paychecks. For hourly workers, this can mean more immediate compensation for their labor.

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From Fleeting to Forever: Combating Quick Service Restaurant Turnover Rate

Payactiv

Low Compensation The average hourly rate for fast food workers in the US is just $11.95. Systems like Payactiv Connect make it easy (yet safe) for employers to grant hourly workers access to their shift management system using their smartphones. Learn more about Payactiv’s Service , or book your demo now.

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Giving Thanks For Financial Flexibility

Payactiv

Strategies for Enhancing Financial Flexibility in the Workplace Here’s how you can help your employees build financial flexibility: Fair Compensation Be sure you offer wages that align with industry standards and the cost of living. The Payactiv membership model comes at no cost to employers and a minimal cost to workers.

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81% Users Will Stay with Their Employer Because of the Payactiv Benefit

Payactiv

October 2, 2019 — Today at the HR Tech 2019 conference, Payactiv, the leading provider of affordable access to financial services, announced the results of its latest survey on employee retention. The survey found that over 81% of respondents said that they were more likely to stay in their role because of the Payactiv Benefit.