I recently came across a LinkedIn article written by Martin Whittaker, CEO of JUST Capital, titled “What If Every Company Conducted An Employee Financial Distress Test?” In it, he spoke about a recent CNBC Squawk Box talk with PayPal CEO, Dan Schulman, who talked about initiatives that PayPay had recently[...]
what employees want, how to help employees, payroll benefits, Employee Experience, pay
reducing turnover rate, turnover rate, what employees want, employee benefits, Employee Retention, Employee Turnover, financial wellness, how to help employees, new benefits, Recruiting, reduce turnover, employee loyalty
To quote The Atlantic, “we are living in an Age of Peak Perk.”
If you want to attract top-tier talent and hold onto them, then offering competitive benefits that support overall happiness and well-being is an absolute must. Happy workers make for more successful companies. According to research, happy employees[...]
Payroll, what employees want, hr trends, improve retention, payroll benefits, Recruiting, hourly employees
Income volatility is a term that refers to monthly and annual income dips and jumps. With the rise in the gig economy, the sine wave of volatility is even whipping down to a weekly basis.
employee hiring problems, Payroll, what employees want, employer hiring problems, hiring, hiring good employees, payroll benefits, Recruiting, seasonal workers, hourly employees
Hiring hourly employees seems like a simple endeavor. Put out a Help Wanted sign, maybe an ad on Craigslist, and let the candidates come pouring in.
Payroll, what employees want, payroll benefits
Onboarding comes with its fair share of HR heavy lifting, which includes distributing and collecting W-4 forms and entering that information into your payroll system.
reducing turnover rate, turnover rate, wage growth, what employees want, Employee Retention, Employee Turnover, financial wellness, how to help employees, reduce turnover, employee loyalty
Hiring people is hard work, and it’s getting harder. The unemployment rate is extremely low (4.1%) and going down.
turnover rate, wage growth, what employees want, absenteeism, financial wellness, how to help employees, improve engagement, employee loyalty
THE COSTS OF ABSENTEEISM
Employee absenteeism isn’t cheap. According to a study done by Circadian, absenteeism among hourly workers costs $2,660 per employee per year. For companies employing 500 hourly workers, that amounts to $1,330,000 per year in direct absenteeism costs.
turnover rate, wage growth, what employees want, financial wellness, transparency, simplicity
Transparency and Simplicity: The Two Keys to Financial Wellness
turnover rate, wage growth, what employees want
News outlets are abuzz with wage boosts and bonuses from a few of the companies who most benefit from the recent tax cuts.
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[...]