The Atlantic recently wrote a series of articles about Americans’ financial instability and highlighted that nearly half of Americans would have a hard time coming up with $400 to cover a sudden expense.
It’s no secret raising children is expensive.The USDA’s ‘Cost of Raising a Child Calculator’ estimates a family will spend roughly $11,453 each year on their little bundle of joy when considering food, transportation, healthcare, education, clothing, and other basic necessities.
Recently, a story about Austin Wilson, a senior at the University of Kansas, circulated on the Internet.
As the story reads, Wilson needed $600 for rent in his new apartment, but he didn’t have the money. His money shortage wasn’t for lack of trying though.
Staying up-to-date with compliance standards for contact centers is a priority for us here at DailyPay. After all, there are nearly 20 contact center organizations across the United States that now offer their employees DailyPay.
As such, it’s imperative we have insight—and foresight—into compliance and[...]
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[...]
Employee Retention, Employee Turnover
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,[...]
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[...]
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;
labor market, Recruiting
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.
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[...]