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Industry Insights: Quick Service Restaurants

Payactiv

Yet hiring continues to be a challenge as workers look for higher wages, more flexible schedules, strong benefits, and a safe work environment. Some states are considering regulations that could impact quick service restaurants, including higher minimum wage laws, franchise regulations, and food waste legislation. Serve up success.

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How to Win the Retail Worker Recruitment Race

Payactiv

Retailers dangled perks such as triple-digit sign-on bonuses, free college tuition, and record-high wages to get staff signed up before the busy holiday shopping season. Some 83% are now investing most heavily in employee recruitment and retention. Some moved entirely to an e-commerce business model.

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Money Matters: How Pay Frequency Affects Workplace Financial Wellness

Payactiv

Monthly pay: E mployees are paid once a month. Weekly pay: Employees get paid at the end of each week for hours they worked during the week prior. Weekly pay: Employees get paid at the end of each week for hours they worked during the week prior. Forward-looking employers are stepping up to help.

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Recruiting Workers in a Post-COVID World

Payactiv

Recent headlines about McDonald’s raising their wages an average of 10% across their workforce is just one example demonstrating the difficulty of hiring in the post-COVID labor squeeze. A combination of low wages and enhanced unemployment benefits may make it that women are better off financially staying home than working.

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National Customer Service Week: A Thank You to Those Who Answer The Call

Payactiv

Learn to put your personal issues aside as you try to explain and listen with understanding, compassion, the patience of a saint, and nerves of steel. As businesses transitioned online in the wake of pandemic lockdowns, e-commerce skyrocketed 49% and call center employees became the most essential part of an essential economy.

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Sabina Bhatia on The Compassionate Capitalist Show with Karen Rands “#1 Method for Employee Attraction and Retention in Current Job Market”

Payactiv

In this segment of The Compassionate Capitalist Show™, Karen Rands is joined by Sabina Bhatia, Chief Customer Officer at Payactiv, the champion of Earned Wage Access (EWA) to talk about the impact ‘financial insecurity and well being’ of hourly wage workers have on the profitability and scalability of businesses.

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Cost of Replacing Employees In Business

Payactiv

All too often, once an employee has handed in their letter of resignation, they “take their foot off the gas,” – assuming they’re required to work out a notice period in terms of their contract of employment and don’t leave immediately. But the price goes well-beyond dollars and cents. High Employee Turnover Costs Money. million per year.