The DailyPay Blog

Ideas on Improving Employee Engagement and Retention

Megan Wells

Megan Wells is a data journalist and content strategist based in San Francisco, California. Wells' work has appeared on Fox, Nasdaq, MSN, Motley Fool, and more. Wells also spoke at the 2015 Exceptional Women In Publishing conference.

Recent Posts

Payroll

5 Takeaways from National Payroll Week 2018: Daily Payroll, Direct Deposit, Appreciating Payroll Managers

As we enter the fourth quarter of our fiscal business year, patterns for 2019 are starting to develop. How can we make next year more productive than this one?

 

Several trends for payroll process improvements and predictions were highlighted during National Payroll Week 2018.

 

Here is our recap of some of the[...]

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Employee Retention, Turnover

Turnover And Retention Rates for QSR Businesses

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the restaurant industry, which has a notoriously high turnover rate and low retention rate.

 

Fast food restaurants,[...]

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payroll benefits

An Instant Pay Technology Myth - Payroll Will Never Sign Off On This

In July 2018, DailyPay co-founder Rob Law shared 5 Myths About Instant Pay Technology with HR.com.

In that article Rob debunks many common misconceptions about instant payments, like, "instant payment is just like a payday loan" (it's not), "My employees are fine with weekly pay" (they're not), or "Access to[...]

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What we learned at CCW Executive Exchange: How to turn an ASA cycle from vicious to virtuous

At the 2018 Contact Center Week (CCW) Executive Exchange, the topic of average speed of answer (ASA) seemed to be top of mind for a lot of attendees. It was certainly a topic that came up during the roundtable discussion we moderated, which included:

  • Weslee Berke, Director of Customer Service for BOXED;
  • Michelle[...]
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labor market, Recruiting

Recruiting Challenges In Today's Economy

Today, the U.S. Bureau of Labor Statistics (BLS) reported that June was a big month for job growth, with approximately 213,000 new jobs added to the US job market. Over the last 12 months, 2.4 million jobs have been added.

 

This growth represents a strong labor market, no doubt.

 

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6 Surprising Strategies That Will Help Your Employee Recruitment

Recruiting can go awry in many different ways.

Poor recruiting can mean hiring the wrong candidate. Worse, it can mean not finding a pool of candidates at all.

 

Without having candidates to pick from you will continue to waste money on job boards, job fairs or other typical outlets which haven't worked for you in[...]

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employee attrition, Employee Engagement, Employee Retention, Payroll

Comparing Weekly and Bi-Weekly Pay for Employees and Employers

Payroll schedules need to toe the line between appeasing employees and doing what’s right for your company’s bottom line.

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How DailyPay Increases Employee Engagement

Sometimes, it's the small things that matter most to your employees. When your employees feel good about their job environment, they stay longer, and the impact on your bottom line is largely noticeable. 

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employee attrition, Employee Retention, high turnover, reducing turnover rate

Four Industries That Have High Turnover Rates, and What To Do About It

Depending on what you read, or who you speak to, a healthy employee turnover rate is somewhere between 10 and 15 percent.

 

In some industries though, a 'healthy' employee turnover rate is never obtainable. In fact, sometimes turnover has to do with conditions beyond an employer's control - certain industries are[...]

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Financial Wellness Isn't Just About Education, It's Also About Pay Frequency

How often you pay employees is a business decision determined by individual companies. The restrictions and parameters include federal and state laws, cost of running payroll, and your employee’s financial well-being.

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Recent Posts

Employees stay longer with DailyPay

DailyPay enables your employees to access their pay before payday, empowering them to meet their financial goals. Employees that find financial security at your company stay longer, reducing your turnover and improving bottom line profits.

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