Financial insecurity can be a productivity killer. Employers who offer empathy toward employees in need of financial assistance can boost employee loyalty and overall workplace engagement.
employee loans, financial wellness, payday loans
employee loans, paycheck advance, payday loan, Payroll, retention, Employee Turnover, HR
Financial emergencies arise in all of our lives. From an unexpected medical payment to an auto emergency, if you're unprepared for these “surprises”, they can be stressful.
employee statistics, hr trends, infographic
daily payments, uber, uber api, weekly pay, hr trends
Uber is a pioneer in recruitment and labor management. In a few short years, they’ve been able to recruit 450,000 drivers in the United States alone, most of whom likely never considered driving a taxi for a living. When you take a look at Uber’s highly tactical recruiting strategy, one element stands out — PAY.[...]
Natasha is a mother of 4 working in Atlanta. With DailyPay, Natasha has been able to meet regular bills and take control of her finances.
employee attrition, how to help employees pay bills, Financial Security, financial wellness, Financial Wellness Benefit, how to help employees meet deadlines
Financial wellness programs at the workplace have gained popularity over years. In a recent Bank of America survey, nearly three-quarters of 1,020 plan sponsors surveyed believe that financial wellness solutions will be standard elements of benefits packages in the future. It is also suggested that large companies[...]
employee attrition, payment incentives, what employees want, bottom line, employee acquisition, hiring good employees, Recruiting
If you pay your employees competitively and focus on a healthy work atmosphere, then it’s easy to recruit all the talent you need, right? As it turns out, this is flawed logic. In most cases, it’s difficult to hire quality employees, even when the pay is decent and the atmosphere is warm. In today's world, it takes[...]
direct deposit, Payroll, reduce payroll, cost savings, how to save money in business, how to save money in payroll
The costs associated with payroll can really add up. From payroll materials, like paper checks, to the time dedicated to executing payroll, there are plenty of necessary expenses. But a company only has a handful of options to reduce fees.
employee attrition, reducing call outs, top call out reasons, why do employees call out, Employee Engagement
Employers can expect their employees to call in sick from time to time. Sometimes the calls are legitimate, but other times they might be more of a stretch to believe. It turns out some excuses are better than others. It also seems that calling into work may be an industry-specific matter. Some companies are more[...]
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[...]