Payactiv

Today, nearly 100 million U.S. workers live paycheck-to-paycheck with less than $500 in liquid savings. Consequently, this financial stress costs American companies $300 billion per year due to decreased productivity, increased absenteeism, accidents, turnover, and rising healthcare premiums for employees. By offering Payactiv's holistic financial wellness solution, you can help your employees in reducing financial stress through timely access to earned wages, budgeting and saving tools, automatic bill pay, 1:1 financial coaching and more. Download this informative analysis and discover more about the business outcomes of offering Payactiv. https://lnkd.in/gUHFFtnr #payactiv #financialwellness #employeebenefits

In the world of personal finance, payday loans are often synonymous with financial traps. These high-interest loans target vulnerable, lower-income communities, offering a quick cash fix in exchange for a future of debt. With annual fees that can soar into the hundreds of percentage points, payday loans are, in our opinion, a risky financial product that should be avoided at all costs. We've recently discussed these financial scams in our latest episode of the GoodCents podcast. Share this valuable information with your employees so they can protect themselves from these pitfalls and make informed financial choices. https://lnkd.in/gCnWrye3 #payactiv #financialwellness #paydayloans

When you think about flexibility at work, what comes to mind? Most of us have been conditioned to think about where someone works, but the data indicate that the workforce cares much more about how they work. Join Payactiv’s Channel Manager Luke Holec and Lighthouse Research’s Chief Research Officer Ben Eubanks as they touch on some of the key aspects of flexible work from an employee perspective, including flexibility in how they get paid, what benefits they receive and how they get their work done in this fireside chat. Watch now at https://lnkd.in/gHhYghWk #payactiv #payactivwebinar #financialwellness

We love hearing how Payactiv is making a difference! InfoCision shared their experience with us, highlighting how our financial wellness benefits have positively impacted their team. By offering on-demand access to earned wages, financial counseling, and budgeting tools, InfoCision is empowering their employees to take control of their financial futures. Thank you, InfoCision, for trusting us to support your incredible team! #ClientTestimonial #FinancialWellness #PayactivSuccess #EmployeeWellbeing https://lnkd.in/erC9Uc6k

Helping your employees avoid common financial missteps isn’t just good for them—it’s good for business. From building emergency funds to tackling debt and budgeting smarter, these small steps can make a big difference in their financial wellness. And when employees feel financially secure, they’re more engaged and productive at work. With tools like Payactiv’s Earned Wage Access and financial wellness resources, you can empower your team to take control of their finances and avoid costly mistakes. Read more https://lnkd.in/gtFfn3eH #payactiv #financialwellness #employeebenefit

We’re delighted to welcome our new customer, New Castle Hotels & Resorts, a leader in the hospitality industry known for their commitment to exceptional guest experiences and employee care. Through this collaboration, New Castle Hotels' employees will now have access to Payactiv, helping them improve financial wellness and gain greater control over their earned wages. For more details on how our platform can benefit your employees, reduce turnover, increase engagement, and improve productivity at your organization, contact us today: https://lnkd.in/eJnDQ66c #payactiv #financialwellness #newcustomer

As the name suggests, everyday pay is a payment model where employees are given the option to access the money they’ve already earned on a daily basis. Essentially, it gives people the freedom to choose when they want to get paid. It’s often referred to as instant pay, on-demand pay, or Earned Wage Access (EWA). Read our article, where we’ll explore the concept and mechanics of the Everyday Pay model and outline some of the key benefits it offers both employers and employees. https://lnkd.in/gMuZwE_3 #payactiv #financialwellness

Open enrollment is the perfect opportunity to align benefits with the unique needs of your diverse workforce. With Baby Boomers, Gen X, Millennials, and Gen Z in the mix, understanding their priorities is key to building a benefits package that resonates. We’d love to hear your perspective—what do you think is the most critical factor in tailoring benefits for a multi-generational team? Vote below and share your thoughts! #OpenEnrollment #EmployeeBenefits #Payactiv

We asked Keith Minnis, Vice President & Chief People Officer, Co-Chair of NRHS’ Recruitment and Retention Committee at Norman Healthcare, about the impact Payactiv has had on their employees, and his response was powerful. Keith shared how their team has embraced Earned Wage Access, and it’s making a real difference. By reducing turnover from 33% to 22% and saving millions in recruitment costs, they’ve been able to reinvest those savings into their healers, improving engagement and retention. It’s stories like these that remind us why we do what we do. Proud to help more organizations support their teams with financial flexibility. #EarnedWageAccess #EmployeeRetention #FinancialWellness

Today's workforce is a vibrant mix of generations—Baby Boomers, Gen X, Millennials, and Gen Z—all with unique priorities and expectations. This diversity is especially important during open enrollment season when tailored benefits can make all the difference. From flexible healthcare options to retirement planning, professional development, and financial wellness programs, there's a way to create a package that resonates across age groups. Read more https://lnkd.in/gxgJ3T28 #payactiv #financialwellness