The unemployment rate in the United States was at 4.5% in March 2017. This is the lowest it has been since Jan 1, 2001, according to historic data documented by the Bureau of Labor Statistics. During the same month, the BLS measured the labor force participation rate at 63.0%. This indicates the majority of[...]
reducing turnover, unemployment rate, Employee Retention, how to reduce turnover, labor market, Recruiting
DailyPay Now, Product Update, Turnover, Employee Retention, Financial Security, Instant Pay, Instant Payments
Blog post by Jason Lee, CEO of DailyPay, Inc.
employee attrition, Employee Retention, employee turnover, financial wellness, Financial Wellness Benefit
Employee turnover is expensive, and in many industries, the cost of losing good workers is rising. Tight labor markets, and young employees job hopping at an increased rate are two proven contributors to turnover increases. Turnover is a meaningful expense for companies who constantly have to recruit new employees[...]
rideshare, bottom line, Company Update, cost savings, Employee Engagement, Employee Retention
Blog post from Jason Lee, CEO of DailyPay, Inc.