Payactiv

Ready for open enrollment season? It’s right around the corner, and it’s more than just a checkbox for HR teams—it’s an opportunity to showcase your company’s commitment to employee well-being. By tailoring benefits to employees’ needs and using strategic insights, you can ensure your 2025 open enrollment is as engaging as it is effective. From reviewing feedback to offering educational resources and leveraging tech for a smoother experience, each step counts. Show your team that you’re invested in their future—after all, happy employees are engaged employees! Read more: https://lnkd.in/gYPUMMYV #OpenEnrollment #EmployeeBenefits #HR

Financial emergencies happen to everyone, but paycheck advances might not be the best solution for employees or employers. In our latest blog, we explore the risks paycheck advances pose, from long-term debt cycles to administrative headaches. Discover how offering alternatives like Earned Wage Access (EWA) can empower your workforce with immediate financial relief, all while boosting productivity and retention. Read more. https://lnkd.in/emRGqwKe #FinancialWellness #EarnedWageAccess #EmployeeRetention #FutureOfWork

We are proud to power UKG Wallet and partner with Encore to introduce Overtime Saving—an innovative solution to boost financial security for seasonal workers through overtime earnings. Read more here: https://lnkd.in/eN5G-PgS #payactiv #financialwellness

Employee financial stress is directly linked to retention rates. Offering Earned Wage Access (EWA) can provide immediate financial relief, giving your team more control over their earnings. But just how impactful do you think it is in reducing stress and boosting retention? Share your thoughts below! #payactiv #financialwellness

After a multi-year process, California’s Department of Financial Protection and Innovation (DFPI) announced finalized regulations for the earned wage access (EWA) industry earlier this week. Payactiv’s existing service model is already fully compliant with these regulations, and we are proud to continue providing our users with the EWA services they value without changes or interruptions. Read more: https://lnkd.in/ez5Kz2-X #EWA #Payactiv #financialwellness

We’re thrilled to be at LeadingAge in Nashville from October 27th to 30th! Stop by booth #2644 in the Recruitment, Retention, and Culture section for some awesome swag and a chance to win the latest Apple AirPods (4th Gen)! Come say hello and discover how Earned Wage Access and our suite of tools can make a meaningful impact on your employees' financial wellness. Just swing by, scan your badge, and you’re in! The winner will be announced and contacted after the show. Looking forward to seeing you there! #payactiv #LeadingAge24 #Recruitment #Retention #Financialwellness

Payactiv is heading to the Gartner ReimagineHR Conference at the Walt Disney World Swan & Dolphin Resort! Stop by booth #531 and find out how EWA can help retain and engage your top talent. But that is not all. We will be there with some exciting surprises, including the chance to win an Apple iPad (10th Gen)! Make sure to stop by during the networking receptions on October 28th and 29th. Just swing by, get your badge scanned, and you’re in the running! The lucky winner will be announced on October 29th at 6 PM at our booth—don’t miss out! #payactiv #GartnerHR #Gartner #GartnerReimagineHR #ReimagineHR #GartnerReimagineHR2024 #EWA

We’re thrilled to announce that Payactiv has been awarded the Tech of the Future – Economic Mobility & Financial Wellness Award at the 2024 PayTech USA Awards!  This recognition celebrates our commitment to empowering millions of workers with the financial tools they need to build resilience and take control of their future. From providing access to earned wages to offering budgeting tools and financial coaching, we’re proud to be driving innovation that makes a difference. A huge thank you to PayTech for this honor and to our amazing community for supporting our mission to create a more financially inclusive future. #FinancialWellness #Payactiv #TechOfTheFuture #AwardWinningTech #FinancialInclusion https://lnkd.in/gNdAKjYw

In May 2024, the restaurant industry saw a 5.5% turnover rate, far higher than the 3.4% across all sectors. Quick-service restaurants (QSRs) are feeling the strain, with low pay, burnout, and tough working conditions driving employees away. Reducing turnover starts with addressing the root causes. Offering competitive wages and benefits like Earned Wage Access (EWA) can make a big difference. In fact, JAE saw a 50% boost in retention after introducing EWA with Payactiv, letting workers access their wages when needed. Employee retention is more than just a hiring issue; it’s a business strategy. With the right steps, QSR owners can build stronger, more loyal teams. https://lnkd.in/dc6FNEyu #EmployeeRetention #QSR #WorkforceManagement #EWA #TurnoverReduction #Payactiv

Pay transparency in job ads is a game-changer, as 79% of job seekers highly value it. Embracing this trend not only satisfies their curiosity but also leads to happier and more connected teams. Read more about it in our latest blog https://lnkd.in/e8_gw_eb #payactiv #payroll #payday #ondemandpay