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Tackling Logistics Labor Shortages: Why Employee Benefits Are Key

Payactiv

Experts have proposed several solutions to end the labor shortage and, in this article, we’ll focus on how employee benefits can help resolve this problem for companies and consumers alike. How Employee Benefits Can Help the Logistics Industry.

Stand Out in 2022: Why EWA Needs to Be in your Employee Benefits Package

Payactiv

But as the country started reopening and more people got vaccinated, many economists thought that employees would start returning to work pretty quickly. Many hourly workers have simply re-evaluated their lives and decided they need more flexibility and better benefits and working conditions.

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How Employee Benefits Can Help Struggling Health Care Workers and Attract New Talent

Payactiv

Insufficient Benefits and Career Advancement Opportunities. In a recent poll , health care workers cited employment issues as some of the top reasons for leaving their jobs, while 50% said they were looking for better pay or benefits. Reassess your Benefits.

How to Offer More When Your HR Budget Is Maxed Out

Payactiv

Attracting and retaining quality employees is an ever-present pain point for HR departments. Another is staying on budget while keeping employees on board. Optimize your social media recruiting. Payactiv job boards. Blog b2b Budgeting employee benefits hiring Retention

The Earned Wage Access Trend: What It Is and Why More Companies Are Utilizing It

Payactiv

Earned Wage Access (EWA), an innovative employee benefit program created by Payactiv, has been gaining attention and traction with each passing year. EWA is a mechanism through which employees can access the wages they’ve already earned. How EWA Benefits Employers.

What Are Payroll Costs – A Quick Overview

Payactiv

Depending on a worker’s employment type and the nature of the company’s benefits, other payroll costs could include bonuses, tips, commissions, and paid leave. Tax withholdings are the federal income taxes you withhold from your employees’ paychecks. Employee Benefits.

11 Recruiting Strategies to Help Your Business Stand Out

Payactiv

Employers are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent. At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward. Recruitment Cycle Times.

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

Payactiv

These are call center employees, also known as customer service reps. This makes customer service employees’ dedication to work even more impressive and valued among those who interact with them, which -hint- has been everyone at some point in their lives.

Sabina Bhatia on Insert: Human “Serving the Essential Workers”

Payactiv

Chris Colbert: Today, she is the chief customer officer at Payactiv. We’re going to talk, I think, a bit about those lower income workers and how her company, Payactiv, and others are trying to support them in their life. Why did Payactiv decide to do what is going on there?

What Does On-Demand Pay Mean?

Payactiv

It’s also known as Earned Wage Access (EWA), and it’s becoming an increasingly common element of employee benefit packages. Alternatively, Payactiv allows you to use your earned wages to even pay for services like Uber and Amazon, and pay your bills, directly in the app.

How to choose the best employer in 2021

Payactiv

Jobless benefits are ending, the country is reopening, and employers are aggressively hiring. According to CNBC : The American Rescue Plan offers enhanced unemployment benefits through Sept. Another four opted for an early end to a $300 weekly supplement to benefits.).

A Wake-Up Call: 3 Ways to Ensure Your Hotel Staff Enjoy Their Stay

Payactiv

Thousands of hotel employees ask themselves this question every year and the resounding answer is “no”. . To fill all these empty positions hotel executives need to look at the reasons behind low recruitment rates and identify how to attract new candidates and rehire former employees.

Retail: Seasonal Hiring

Payactiv

In response, retailers are increasing benefits to attract new hires, including higher pay and incentives such college tuition assistance, hiring bonuses, and quick access to earned pay. A Practical Guide to Increasing Employee Productivity and Improving Retention. Welcome.

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. Finding and hiring the right people requires new strategies and a flexible menu of options and benefits. Go where potential employees are.

Stand Out in the Hiring Process

Payactiv

Stand Out in the Hiring Process: The Benefit Your Essential Workers Actually Want. You can improve recruitment and impact the daily lives of your workforce from day one with our Livelihood platform. Better recruitment, retention and engagement all at ZERO cost to you. Overview.

A Brief on Employee Experience vs. Employee Engagement

Payactiv

I think you build one with your employees first.”. Employee Experience vs. Employee Engagement: What’s the Difference? Employee engagement is an ongoing part of the employee experience. What is Employee Experience? What Is Employee Engagement?

Industry Insights: Staffing

Payactiv

“According to a survey conducted by the Kaiser Family Foundation, almost 9 in 10 large employers offer an employee wellness program. Learn more about the four big benefits of offering earned wage access to your call center employees. Enhance the Employee Experience.

Industry Insights: Hospitality

Payactiv

3 Ways to Increase Recruitment and Rebuild the Hotel Industry Workforce. Read more about the hospitality industry’s unique recruitment strategies that yield resounding positive results. Offer part-time benefits. Get Payactiv for your business.

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

Payactiv

This is especially true for businesses with hourly workers: A study from CAP found that the average cost to replace a single employee earning less than $30,000 per year is 16% of their annual salary. When high turnover occurs, it can become a virus and lead to other employees to depart.

National Fast Food Day: Thanking the Fast Food Workers

Payactiv

Every time we make a stop, we’re greeted by a fast food employee. In an average year, the QSR industry is home to nearly 5 million employees. These employees are often working at an entry-level capacity, part-time and in school, or full-time. .

Industry Insights: Healthcare

Payactiv

Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Part-time benefits.

Why Loyalty Is Important in the Workplace

Payactiv

The notion of employee loyalty is complex and multi-faceted. Organizations are scrambling to hire talent to fill vacant roles and figure out what they need to do to keep their valued employees. Employee Loyalty – What Exactly Is It? Characteristics of Loyal Employees.

Industry Insights: Call Center

Payactiv

dropped to 3.4%, which made recruiting at competitive wages challenging for call centers. Learn more about the four big benefits of offering earned wage access to your call center employees. Invest in supervisors who are the key to extending company culture to remote employees.

What Does a High Turnover Rate Indicate for Your Business?

Payactiv

Employee turnover rates are at an all-time high, which doesn’t bode well for businesses across all industries. In this article, we’ll spend some time understanding the concept of employee turnover, why it happens, and pre-emptive steps you can take to minimize it. Few or No Benefits.

Industry Insights: Manufacturing

Payactiv

Recruitment Challenges. Low Employee Engagement. Recruit populations underrepresented in manufacturing, such as women and veterans. The post Industry Insights: Manufacturing appeared first on Payactiv. Welcome to our resource page for Manufacturing Hiring!

Industry Insights: Quick Service Restaurants

Payactiv

Customers have surged back to Quick Service Restaurants, but are seeing more closed doors, “help wanted” signs, and employee strikes than ever before. Employees deemed “essential” at the height of the pandemic have grown tired of poor treatment and have joined “The Great Reassessment” in mass.

Industry Insights: Quick Service Restaurants

Payactiv

Customers have surged back to Quick Service Restaurants, but are seeing more closed doors, “help wanted” signs, and employee strikes than ever before. Employees deemed “essential” at the height of the pandemic have grown tired of poor treatment and have joined “The Great Reassessment” in mass.

M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. PayActiv Raises $20 Million to Expand Financial Wellness Offering for Millions of Financially Stressed Workers. LinkedIn acquires employee engagement platform Glint. Riverside exits BeneSys, a provider of third-party administration services for employee healthcare and pension benefit programs.