Financial Wellness Blog
PayActiv to Demo Financial Wellness Solution at FinovateSpring 2016
PayActiv will demo its turnkey, employer-sponsored financial wellness solution that reduces the time lag between when workers earn wages and the time they can actually access those earned wages to pay for daily necessities.
How to End the Debt Spiral of Short Term Loans
The Consumer Financial Protection Bureau (CFPB) recently outlined its intent to make financial institutions the preferred providers of short-term, small dollar loans to U.S. consumers over payday lenders.
HR Strategy for Corporate Financial Wellness Programs
There is something HR can do to help employees relieve some of the financial-related stress while also relieving HR from its overwhelming administrative burden.
10 Benefits of Financial Wellness Programs for Businesses
Eliminating the need for workers to turn to alternative, and often predatory, lenders to deal with immediate financial issues leads to a workforce without financial stress.
Making Payroll Just In Time
We usually target the symptom. We never go to the root cause. If people are living an unhealthy life, is it because they choose to live a certain way or is there a stress driving them to an unhealthy life?
Financial Health: Binging versus Grazing
If we have banished binging behavior in so many aspects of day-to-day life, ever wonder why our paychecks don’t follow suit? We work every day, incrementally earning our bread in a steady and sustained manner.
An Idea Whose Time Has Come
The request was simple, “It is the 17th of the month. Can I get 10 days salary, and can you deduct it on the 1st when I get paid?” Fair enough, I thought. After all, this individual had already earned their money.