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Sabina Bhatia on “Payactiv and the Impact of Earned Wage Access”

Payactiv

Mark Feffer: Joining us today is Sabina Bhatia, the chief customer officer of Payactiv. We’re going to talk about Payactiv’s products, how it sees the market, and where it hopes to go, on this addition of PeopleTech. Can you tell me about Payactiv? That is really the essence of what Payactiv is.

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Payactiv Is a Finalist for the 2021 BAI Global Innovation Award

Payactiv

After all, our mission at Payactiv is to build stability for low-wage workers so that they have space to reach their potential. Our execution is the Payactiv Lively app, an all-in-one digital wallet that supports more than 1,500 businesses and millions of eligible users. This is all about Intention + Execution.

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The Cost of Replacing an Employee In Business

Payactiv

In this article, well examine the hard and soft costs associated with replacing an employee and explore some of the employee retention tactics you can adopt to avoid spending money unnecessarily in this manner. High Employee Turnover Costs Money People decide to move on from their current employers for various reasons.

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Cost of Replacing Employees In Business

Payactiv

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. Thus, there are a trillion reasons for organizations to care about keeping turnover to an absolute minimum. High Employee Turnover Costs Money. With the number of workers quitting hitting an all-time high in November 2021, with 4.5

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How to retain employees in healthcare sector

Payactiv

HOSPITALS “By empowering our employees to improve their financial wellness, the Payactiv service helps us optimize productivity and provide excellent care to our patients.” Employee financial stress also negatively impacts the hospital because it typically results in lost productivity, absenteeism, accidents, and turnover.

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Your Complete Guide To On-Demand Pay

Payactiv

They can decide to take out pay one day at a time, or back up pay and take it all out in one large amount. Overtime can often take a long time to pay out, way after the employee has worked and needs the money. Payactiv has this automated with API integrations with all major Time, Payroll, and HCM providers. Nada, zero!

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Hourly Workforce Incentives: What’s the Secret Sauce?

Payactiv

Increasing numbers of businesses are embracing flexible working practices and initiating employee rewards and benefits programs, appreciating the role they play in boosting employee engagement, and reducing levels of absenteeism and staff turnover. Payactiv: Operationalizing Flexible Workforce Rewards and Benefits.