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Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Employers need to craft an employee benefits package that will catch the eye of hard-to-find QSR workers. On-Demand Pay and Tips Cashout Many QSR employees struggle to make ends meet and live paycheck-to-paycheck. Look for EWA providers that offer payroll cards. However, the new year holds some new challenges for QSRs.

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Users Access Wages in Real-Time with Visa Direct

Payactiv

2 Earned Wage Access is a payroll innovation that helps hourly workers get access to wages they have already earned in between the two week pay cycle– a critical capability amidst the COVID-19 environment in ensuring people have the funds to buy the essentials they need to stay safe and healthy. SAN JOSE, Calif. ,

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4 Payroll Trends to Watch in 2024

Payactiv

Now, they’re looking for opportunities where employers actively invest in their professional development and help them pursue physical, mental, and financial well-being. As a result, more leaders are thinking differently about their benefits program to make way for a more nimble, real-time approach to compensation and rewards.

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The Future of Payroll: How On-Demand Pay is Changing the Way We Get Paid

Payactiv

Most organizations think about payroll as a rigid process where payment dates are set in stone, but on-demand pay is becoming increasingly popular. These payroll solutions allow workers to access some or all of their earned wages as soon as they have clocked out of a shift through a mobile app. Are You Ready for the Future of Payroll?

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Financial Health as the Cornerstone of Workplace Well-being

Payactiv

When companies evaluate employee health, they often focus solely on physical well-being. The World Health Organization describes health as a “state of complete physical, mental, and social well-being, not just the absence of disease or infirmity.” One critical facet is financial well-being.

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What Are Payroll Costs – A Quick Overview

Payactiv

Payroll expenses are the costs associated with compensating people for the work they do for your business – whether they’re full-time workers, hourly workers, or contractors. An Explanation of Payroll Expenses. Payroll expenses represent all the costs an employer incurs to compensate its workers for their labor. Payroll Taxes.

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Beyond EWA: 3 Financial Wellness Benefits to Boost Employee Satisfaction

Payactiv

Financial stress is pervasive among employees, with 97% reporting stress and 80% concerned about inflation. Earned Wage Access (EWA) is an in-demand financial wellness benefit that gives employees access to pay accrued but has yet to be received. Many tools like these, both free and paid, exist in the marketplace.