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.

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

Payactiv

Among health care workers who have kept their jobs during the pandemic, 31% have considered leaving, and 12% of health care workers say they plan to retire early or work elsewhere. Insufficient Benefits and Career Advancement Opportunities. Reassess your Benefits.

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Industry Insights: Healthcare

Payactiv

Recruiters in the healthcare industry must come up with new innovative ways to attract and retain new employees at a time when budgets are at their lowest. Most senior and experienced nurses nearing are retirement, or some leaving earlier than expected due to burnout.

Industry Insights: Manufacturing

Payactiv

Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage. Low Employee Engagement. The post Industry Insights: Manufacturing appeared first on Payactiv.

What Does an Aging Workforce Need?

Payactiv

While many employees decide to work beyond the average retirement age to continue to enjoy the pay and benefits of their job, as well as the intellectual stimulation and sense of accomplishment it gives them, others may be working longer out of necessity.

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.

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?

Payroll Best Practices for 2022 and Beyond

Payactiv

The heart of every business is its employees, and these employees need to be paid their wages on a regular basis. Payroll management is the process of compensating employees for the services they’ve rendered to a business, in line with their contract and their attendance.

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.

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.

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. Create an Employee Wellness Program.

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.

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Learning Corner With Jeffrey Pfeffer: Employers Can—and Should—Make Every Day Pay Day

Cornerstone On Demand - Talent Management

When a former participant in a Stanford executive program invited me to join the advisory board of PayActiv , a company providing employees access to their earned wages between pay periods, I had no idea about the pressing need for what has become a growing industry and movement. Yet giving people access to their money more quickly represents one small but important step to reducing an epidemic of employee financial stress.