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Business Outcomes We Help You Achieve

See how offering a benefit to boost employee financial health could be your key competitive advantage in reducing turnover and retaining top, high-performing talent.

REDUCE EMPLOYEE TURNOVER

PayActiv users have shown to be more than 30% less likely than non-users to leave a company on average.

REDUCE HEALTHCARE COST

It’s estimated that more than 80% of doctor visits are due to stress related health problems. And 64% of stress is money related.*

IMPROVE PRODUCTIVITY

50% of financially stressed employees spend three hours or more at work each week thinking about or dealing with personal financial issues.*

MAKE YOUR EMPLOYEES SUCCESSFUL

By removing your employees’ FinTax costs. When you care for your employees you inspire them to align with your mission. 

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1 Step 1

Calculate your cost reduction

Adjust these fields for your business to see the results below
Total employees
100
100
10000
Less than $25/hr
5%
50%
100%
Existing turnover
5%
30%
100%
FinTax cost
$50
$150
$500

Reduced business costs

Reduction in turnover cost

$[field11]

Reduction in healthcare cost

$[field9]

Reduction in lost productivity

$[field10]

Positive impact on the bottom line

$[field12]

Increased purchasing power for employees

FinTax (penalties) avoided by employees

$[field58]

Get Detailed Report

Get the detailed report along with low to high ranges.

* required fields

Company Name *
Your Name *
Phone Number
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$[field77]

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Assumptions: Calculations are based on average salary of $15/hr, adoption rate of 40%, and cost of replacing employees as 30% of annual salary.

Less than $25/hr: Percentage of your employees at $25/hr or less pay rate, low to moderate income employees.

Existing turnover: Equifax reported U.S. turnover rates by industry in 2014-15 as: Healthcare & Education: 30%, Financial: 29%, Information: 32%, Transportation: 40%, Manufacturing: 25%, Retail 56%, Leisure, 68%, Business Services: 60%, Wholesale: 29% 

FinTax cost: Employees living paycheck to paycheck typically end up paying late fees, overdraft fees, pre-paid card fees, credit-card interest, or even payday loan or sub-prime loan in order to get through till the next paycheck. We call this the FinTax or the cost of between paychecks financing. On average, employees pay minimum of $150 a month in these costly penalties.

It's more than a paycheck.
It's peace of mind.

It's more than a paycheck. It's peace of mind.

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