Employee Benefits PayActiv Retention and Turnover Retirement 
HRExecutive
JUNE 6, 2023
A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C., So far, Aimbridge employees have made more than 320,000 PayActiv transactions, totaling $27 million in earned wages. nonprofit. “I
Payactiv
MARCH 22, 2022
The turnover rate near double creates the perfect storm. 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. Hiring is a multi-layered process. A quarter of U.S.
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Payactiv
MARCH 31, 2022
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. Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early.
Payactiv
MARCH 2, 2023
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. As inflation and the cost of living continue to rise, employees feel the squeeze.
Payactiv
MARCH 29, 2022
The amount you need to withhold will depend on your employees’ income levels and the information contained in their Form W-14. Employee Benefits. Companies that offer employee benefits will need to factor in the employer portion of the following costs: Insurance (health, dental, vision, life, and disability).
Payactiv
MARCH 1, 2022
At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward. Organizations need to reimagine their recruitment approaches and optimize their retention strategies. Is your industry one with a high turnover rate, such as one that employs hourly workers? Offer Employee Benefits and Incentives.
Payactiv
APRIL 13, 2016
When brought to the workplace, this stress leads to escalating costs for the employer due to lower productivity and engagement, absenteeism, workplace injury, the rising cost of health insurance premiums, high costs of turnover, and attrition. Learn how Payactiv’s financial wellness program can work for your company.
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