Financial Wellness

17 01, 2019

PayActiv Crosses $1 Billion in Processed Funds for Timely Earned Wage Access to the Underserved and Underbanked Workforce

2019-01-17T12:42:05+00:00January 17th, 2019|Financial Wellness, Payroll and HR Software|0 Comments

Over 650,000 employees, irrespective of their banking or credit status have fulfilled their small dollar, short term needs without adding additional debt. San Jose, January 14, 2019 - After processing over $1 Billion, we are now able to quantify the true cost of financial stress experienced by two-thirds of the American workforce. PayActiv surveyed users [...]

7 01, 2019

Why Your Employee Experience Matters and How to Elevate It

2019-01-07T15:48:05+00:00January 7th, 2019|Financial Wellness, General Payroll and HR|0 Comments

If your business is struggling to find and retain talented employees, focusing on Employee Experience might be the new key to success. I recently read an article from Forbes called “2018 Will Be The Year of Employee Experience,” by Denise Lee Yohn, which defines Employee Experience (EX) and emphasizes why it’s so important. The article [...]

27 12, 2018

5 Key Employee Financial Wellness Statistics for 2019

2019-01-10T08:43:29+00:00December 27th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

It’s no secret that managing your finances is challenging. What many employers are beginning to realize, however, is that financial stress doesn’t just harm employees. It hurts their business, too. A 2017 report on optimizing financial wellness programs showed that those with low financial wellness and high financial stress cost their employers directly. These costs [...]

10 12, 2018

3 Reasons a Student Loan Repayment Benefit is a Good Choice for Employers

2018-12-10T13:23:39+00:00December 10th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Student loan debt has exceeded both credit card and auto loan debt, according to the Federal Reserve. If you employ millennials, many of your own employees are probably struggling with how to pay off student loan debt while also planning for retirement. This financial challenge is not only taking an emotional toll on your employees, [...]

28 11, 2018

Top Financial Wellness Topics to Discuss with Employees

2018-11-28T09:01:56+00:00November 28th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Ask any employee in your company and you’ll likely find that money is the number one source of stress. Studies continue to point to financial challenges as a source of concern for employees, which makes it a top priority for employers. Productivity and quality of work diminishes as employees dwell on tough financial questions. Employers are [...]

19 11, 2018

How to Make a Difference with a Financial Wellness Program

2019-01-10T08:46:12+00:00November 19th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

You may be wondering if a financial wellness program deserves a spot in your already generous benefit package. According to Prudential, the answer is a resounding YES, and they have the stats to prove it. A comprehensive benefit program, that includes financial wellness options, will alleviate the growing financial stress employees face each day. Fewer [...]

9 11, 2018

Help Employees Optimize Every Healthcare Dollar with HooPayz

2018-11-09T12:28:58+00:00November 9th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Rising healthcare costs spell trouble for both employees and your business. Managing multiple healthcare providers, confusing bills, and growing medical debt puts great financial stress on employees. In turn, employees become distracted, less productive, and absenteeism rises. How do you help employees manage healthcare costs? Meet HooPayz. This simple, yet powerful, solution will reduce health [...]

1 11, 2018

PayActiv Membership Does Have Privileges

2018-11-01T13:32:10+00:00November 1st, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Financial wellness is not a one-time event. It takes years of focus and education, along with the right accounts, tools, and services, to end financial fragility and turn a paycheck-to-paycheck lifestyle in habitual savings. While workers in a wide range of industries and roles tap into PayActiv to get timely access to their earned wages [...]

11 10, 2018

Access to Funds at Critical Times

2018-10-11T09:10:07+00:00October 11th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Hurricanes, fires, and other natural disasters strike American cities every year. The recent landfall of Hurricane Florence led to extreme devastation and flooding in the Carolinas, Virginia, and surrounding areas where over 1 million residents were ordered to evacuate ahead of the storm. While many displaced individuals and families have no problem paying for a [...]

10 10, 2018

ABC News – Businesses Offer Financial Wellness Services for On-Demand Pay

2018-10-10T10:36:54+00:00October 10th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Nearly four out of five American households live paycheck to paycheck, so if a family doesn’t have the cash they need to pay for an emergency, they can easily be led to disastrous debt traps of credit cards and even expensive payday loans. ABC News talks to PayActiv user, Pearl Campos, of Gerawan Farming about how PayActiv [...]