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Tailoring Open Enrollment to the Needs of Your Multi-generational Workforce

Payactiv

Read on for some tips on building a flexible, transparent, tailored plan to meet the evolving expectations of a diverse workforce. Retirement Planning Millennials and Gen Z may value guidance on long-term financial planning, while Baby Boomers will likely be interested in retirement planning.

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From Stress to Success: How Financial Tools Support Your Workforce

Payactiv

Recent research found that half of all employees report moderate to high levels of financial worry, and many are leaning on retirement accounts as their primary emergency fund. Theyre also less likely to leave their jobs, which reduces recruitment costs and sustains team cohesion and continuity. Payactiv is here to help.

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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

In this article, we’ll deep dive into hospitality industry turnover and explore potential solutions to help employers navigate this challenging environment. Women who work for tips as their primary source of income are twice as likely to experience sexual harassment, including from customers. People with disabilities. Gig workers.

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10 Best Employee Financial Wellness Software in 2023

Recruiters Lineup

These programs provide valuable resources, tools, and guidance to support employees in managing their money, reducing debt, and planning for the future. Additionally, some financial wellness programs may offer debt management strategies, retirement planning tools, and access to financial coaches who can provide one-on-one guidance.

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How Payactiv Can Boost Satisfaction and Retention for Employees

Payactiv

Companies using financial wellness benefits provided by Payactiv report increased retention rates and reduced business turnover by 30% on average, and 81% of employees say they’re more likely to stay with their current employer because of these benefits. They don’t see the value in using an employer-sponsored retirement plan.

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Empower Your Workforce: A Tribute to National Employee Benefits Day with Payactiv

Payactiv

This National Employee Benefits Day, let’s consider why employee benefits matter and how you can improve your offerings to boost your recruitment efforts and make your people happier and more productive. For example, millions of workers use Payactiv’s Earned Wage Access solution to access their earned wages in a flexible, timely manner.

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Payactiv Raises $100M for Employer Financial Wellness

Payactiv

13, 2020 /PRNewswire/ –PayActiv, Inc., The Series C financing round was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link•Age Fund II. ” As a standalone ready-to-use mobile app, PayActiv provides the funds for earned wage access. SAN JOSE, Calif. ,