Today, nearly 100 million US 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 […]
The Payactiv financial wellness program provides financial relief to workers living paycheck to paycheck by giving them on-demand access to their earned wages Employers who offer Payactiv to their employees report a happier workforce and an increase in recruitment and […]
What is Earned Wage Access Discover 5 myths (and the real facts) surrounding the benefit! Get […]
The demand for EWA has grown over 200% since 2018 and the growth has accelerated even more during the COVID pandemic, reaching over $95 billion in accessed dollar volume in 2020 For employers, EWA is a great way to empower […]
The national turnover rate for hospitals as of January 2022 is 26% annually and 100% every 5 years And between January to August 2022, over 230,000 physicians, nurse practitioners, physician assistants and other clinicians had quit their jobs as of […]
Fast food is one of the few jobs that everyone interacts with and a majority of the population has worked at one time or another This gives incredible insight and backing to the causes that QSR workers are currently fighting […]
In recent years, call center employees have become the most essential part of an essential economy As businesses transitioned online in the wake of pandemic lockdowns, e-commerce skyrocketed 49% and call centers experienced huge upticks in business Unfortunately, while the […]
HR Exchange Network recently conducted the On-Demand Pay Survey of more than 160 HR leaders to find out about the growth of on-demand pay and discovered employees and recruits are looking for this kind of help from their employers People […]
Today’s workforce is mobile 80% of the global workforce, or 27 billion employees, are deskless and often outside office space Warehouse workers, waiters, retail associates, drivers, landscapers, dishwashers, and thousands of other occupations do not have access to email and […]
Studies have consistently shown that personal financial stress is inextricably linked to poor work performance, a plethora of health issues, increased absenteeism, and employee turnover–all of which directly impact businesses’ bottom line Today, 82% of employees worry more about their […]
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* The Payactiv Visa Prepaid Card and the Payactiv Visa Payroll Card are issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at payactiv.com/card411. If you have questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at 1-877-747-5862, 24 hours a day, 7 days a week.
** Central Bank of Kansas City does not administer, nor is liable for earned wage access.
Payactiv, Inc.
NMLS ID: 2591928
Payactiv holds earned wage access services (EWA) license number 2591928EWA with the Wisconsin Department of Financial Institutions.
Payactiv holds small loan license number SLC-2591928 with the Connecticut Department of Banking.
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