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End Financial Stress

A game-changing wellness benefit for employees living paycheck to paycheck

"I don’t like being late but sometimes I just didn’t have enough to cover. I used to pay $50 for late fees on my rent. With PayActiv now I just access my own cash."

Machine Operator

working for 15 years

Employees living paycheck to paycheck struggle to pay bills on time between paychecks. PayActiv helps avoid insidious fee and debt traps.

90 million Americans are living paycheck to paycheck.

* Federal Reserve Bureau Report on Economic Well-Being of U.S. Households May 2015

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Struggling employees bring financial stress to work, reducing productivity and increasing turnover. Research shows 71% of employees have serious financial stress.

2013 Stress in America report by APA 

"I had to borrow from a payday lender when my car broke down. He took $45 for a $300 loan and gave me $255. I never wanna go back. I can just access PayActiv if I need some money like that."

Security Guard

working for 20 years

With PayActiv your employees have the security of not running out of money between paychecks. They can access their already-earned money when in dire straits.

25% of Americans have no emergency savings.

* Federal Reserve Bureau Report on Economic Well-Being of U.S. Households May 2015

Our data shows a 15-45% increase in retention for employees using PayActiv.

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With PayActiv your employees have the security of not running out of money between paychecks. They can access their already-earned money when in dire straits.

25% of Americans have no emergency savings.

* Federal Reserve Bureau Report on Economic Well-Being of U.S. Households May 2015

Our data shows 15-45% increase in retention for employees using PayActiv.

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"It felt great to start paying off payday loans and now at this point I am out of them. PayActiv really really helped."

Supervisor

working for 11 years

The PayActiv Invention

 

Voted the best financial innovation, wellness and inclusion product by Finovate Spring 2016 and HR Executive 2016. Finalist at Color of Wealth Summit 2016.

Win for employees

Every week over $100 billion is earned but remains unpaid because of inefficiencies of the economic systems. Between paychecks, while waiting for pay, employees are incurring devastating costs and stress.

 

PayActiv eliminates the cost and stress, giving employees access to money they have already earned, at the time when they need it the most. Without the fear of late fees, borrowing from friends or taking predatory loans.

 

Bottomline: No interest, nothing hidden and no additional debt. A flat $0 to $5 membership cost for multiple financial services that matter.

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Win for businesses

When your employees are in dire straits, financial stress erodes business objectives. Your business suffers loss in productivity, higher turnover, increasing absenteeism, workplace distractions, poor engagement and spiraling healthcare costs.

 

We will help your business build a happier, productive, and more engaged workforce. As a PayActiv partner your employees will have genuine peace of mind because you will solve the root cause of their struggles.

 

Bottomline: The most powerful recruitment, retention and engagement offering. A wellness benefit that matters.

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No risk to you

PayActiv is not a loan and there is never any interest charged. It is earned money that is stuck in the process.

 

We front the cash

Our turnkey solution works with existing Payroll and IT systems to seamlessly provide your employees access to cash from their mobile phone.

 

Game-changer

PayActiv is a solution to get out of debt, NOT into debt.

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There is over $100 billion in unpaid wages every week in America

Bureau of Labor Statistics, Occupational Employment Statistics May 2015

"I like to know that I have the option to withdraw money when I need it. It's my back up. It makes me feel secure."

Nursing Assistant

working for 10 years

What is good for your employees is good for your business

 

Our customers are seeing measurable business savings

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1 Step 1
Number of employees
50
0
5000
Percent employees earning less than $40 per hour
10%
0
100%

$[field9]

$[field11]

$[field10]

Healthcare
+
Turnover
+
Productivity

$[field12]

Your annual savings with PayActiv
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What is good for your employees is good for your business

 

Our customers are seeing measurable business savings

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1 Step 1
Number of employees
50
0
5000
Percent employees earning < $40/hr
10%
0
100%
$[(field1 * field2  / 100) * (0.3)*300]
$[(0.15*field1*3200) - (0.15*3200*(field1-(field1*field2/100)*0.3))]
$[((field1*field2/100)*0.3)*1560]
Healthcare
+
Turnover
+
Productivity

$[field5]

Your annual savings with PayActiv

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"The PayActiv service allows Baton Rouge General to provide comprehensive financial wellness benefits for our workforce without adding any administrative burden."

Jared LeDoux, Baton Rouge General Medical

What do HR leaders think of PayActiv financial wellness benefit?

 

Case study featuring how Baton Rouge General empowers its 3000 employees to relieve financial stress and improve patient care.

So, how does it work?

01

Employer agrees to offer PayActiv as a benefit. We have already done the heavy lifting. No integration is needed, as the existing payroll and time/attendance system is leveraged. The highest security standards are followed.

02

Employee on-boarding uses a simple one-click method on SMS, PayActiv mobile app or web site. All financial services are instantly available.

03

Employees pay $0 to $5 depending on the employer and only when funds are accessed. There is no other fee. 

How can employees signup?

PayActiv is offered through your employer. Tell your employers about PayActiv.

 

Share

Share the PayActiv story with your friends and co-workers.

Message

Voice your interest in using PayActiv service at your workplace. Inform your company's human resource and employee benefits personnel about PayActiv.

Would you use PayActiv

We can talk to your company about introducing PayActiv at your work. Use this form to contact us.

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90 million or two thirds of US workers are living paycheck to paycheck, in stress of rising debt and financial penalties. 

PayActiv works for people
in financial stress.

 

Join the growing number of businesses using PayActiv, and together we can end this epidemic faced by millions of hard-working people.