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From Fleeting to Forever: Combating Quick Service Restaurant Turnover Rate

Payactiv

Great staff is a critical element of success for every quick-service restaurant (QSR). However, the industry is renowned for its extremely high turnover rate. As of May 2024, the average employee turnover rate in the restaurant industry was 5.5%, compared to 3.4% across all sectors, according to the US Bureau of Labor Statistics.

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Seven Strategies That Could Make You The Top Choice For Seasonal Staff

Payactiv

Kick off your recruitment drive early Start your summer job fair early to give yourself time to thoroughly vet your applicants. Bottom line : It takes time to learn the ropes and start working at maximum productivity. A shrinking labor pool can make securing quality seasonal talent more challenging, especially during peak seasons.

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Seven Strategies That Could Make You The Top Choice For Seasonal Staff

Payactiv

Kick off your recruitment drive early Start your summer job fair early to give yourself time to thoroughly vet your applicants. Bottom line : It takes time to learn the ropes and start working at maximum productivity. A shrinking labor pool can make securing quality seasonal talent more challenging, especially during peak seasons.

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Users Access Wages in Real-Time with Visa Direct

Payactiv

2 Earned Wage Access is a payroll innovation that helps hourly workers get access to wages they have already earned in between the two week pay cycle– a critical capability amidst the COVID-19 environment in ensuring people have the funds to buy the essentials they need to stay safe and healthy. SAN JOSE, Calif. ,

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Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Wages, management, and scheduling are top concerns for QSR employees, based on an analysis of exit interviews and a review of text messages exchanged between employers and employees. In 2022, QSRs already cut operating hours by an average of 6.4 hours per week compared to pre-pandemic levels to compensate for staff shortages.

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5 Strategies for Supporting Senior Care Workers

Payactiv

In addition, many of these workers earn near-poverty-level wages. Just consider these figures: Home-care workers earn a median hourly wage of $12.60, according to the Bureau of Labor Statistics. an hour and a $3,000 signing bonus, depending on location and shift. Working in this sector takes a special kind of person.

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A Step-By-Step Guide to Financial Independence With Payactiv

Payactiv

Payactiv’s Earned Wage Access 1 can help you get your earned wages when you need them while avoiding late fees or overdraft charges, helping you achieve financial independence. To build an emergency fund, consider having your direct deposit from work go to your Payactiv Visa ® Card*.