financial wellness

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 [...]

11 09, 2018

Top 5 Questions for Your Company’s Financial Wellness Survey

2018-09-11T14:19:01+00:00September 11th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

To attract and retain quality employees, employers can no longer limit benefits programs to paid time off and health insurance. More organizations are building comprehensive benefit programs that include financial tools for employees. A financial wellness program rounds out your benefits package so you can cover all aspects of employee health—physical, mental, social and financial. [...]

5 09, 2018

Employee Financial Wellness for Millennials: 5 Data-Tested Tactics

2018-09-05T10:49:24+00:00September 5th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Millennials are now the largest generation in the U.S. labor force. Making sure your company has adapted to the needs of this unique group is vital to the long-term success of your brand. One thing that will help you attract and retain key talent from the millennial group is helping your employees with financial education [...]

20 08, 2018

How to Effectively Promote Financial Wellness at Work

2018-09-11T12:42:32+00:00August 20th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Human resources departments and CFOs everywhere are focusing on employee wellness efforts and customizing benefit programs to meet changing needs. Having a well-rounded benefit program is not only good for recruitment and retention, it can also improve productivity and profits. The four main pillars of a holistic wellness program include emotional, physical, social and financial [...]

13 06, 2018

70% of Workers are Financially Stressed. Here’s How to Help Them.

2018-06-29T09:38:33+00:00June 13th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

For most of your workers, money is the #1 stressor in their lives. As they try to focus on work, financial woes nag at them and reduce their ability to be productive. This anxiety translates to 13 hours of lost productivity per employee. Why are they so stressed out? Here are some staggering statistics that [...]

5 06, 2018

GotZoom: How to Help Employees Reduce Student Loan Debt and Focus on Work

2018-06-29T09:58:15+00:00June 5th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Talking about student loan debt is pretty disheartening. Most college students, focused on getting an education, avoid addressing the cost issue until it slams them in the face: the first payment is due, and it’s between $200 and $500 a month. The average U.S. college graduate has $37,414 in debt, which usually takes 21 years [...]

30 05, 2018

Emergency Cash and a Fresh Look at Financial Wellness

2018-08-31T15:56:37+00:00May 30th, 2018|Financial Wellness, Payroll and HR Software|0 Comments

For 52% of your workforce, an unexpected emergency costing $400 would throw off their whole financial month. They’d be unable to pay all their bills. They might turn to risky options like payday loans. And they’d feel stressed - really stressed. In fact, personal finances are the #1 stressor in most employees’ lives. Constantly nagging [...]

22 05, 2018

Financial Anxiety in the Workplace

2018-08-15T15:29:46+00:00May 22nd, 2018|Financial Wellness, Payroll and HR Software|0 Comments

Anxious. Worried. Helpless. Hopeless. These are the words people frequently use to describe their financial situations. Even in the most upbeat company cultures, workers are still stressed out about their personal finances at home. More than 60% of them have less than $500 in savings, and live month-to-month without much financial cushion in the event [...]