Adopted Nationwide

Timely Access to Earned Wages

Retail
Restaurants
Aging Care
Hospitals
Factories
Call Centers
Non-profits
Employee turnover case study
Retail

Employee financial stress is a root cause of high turnover, low job performance, and poor customer service in the retail business.

With timely access to earned wages, PayActiv provides security, dignity and savings to employees. They are better prepared to deal with financial worries and stay focused at work.

“I feel that I have a competitive advantage because I offer PayActiv.” - Henry Loving, Owner and CEO, Lee's Famous Recipe Chicken

Employee turnover case study
Restaurants

PayActiv financial wellness benefits work for all restaurant employees, from kitchen workers to management, including a solution for tips.

Our customers in the restaurant industry find using the PayActiv platform to increase retention and engagement works wonders on their organizations, and on their employees’ lives.

“I am proud to offer PayActiv to my staff. We receive nothing but positive feedback.” - Mike Martin, CEO Visiting Angels

Employee turnover case study
Aging Care

From preparing meals, washing and dressing to emotional support, care givers provide a better quality care for clients when relieved of horrific financial stress and mental distractions.

PayActiv customers report high satisfaction from their employees. Employee Net Promoter Score of 73+ with the platform overall.

“By improving financial wellness, PayActiv helps us optimize productivity.” - Kendall Johnson, CFO, BRG Medical Center

Employee turnover case study
Hospitals

PayActiv allows workers timely access to wages, which alleviates employee stress. Reduced stress helps healthcare providers care for their patients with utmost focus.

Internal survey shows that 92% of employees at PayActiv customer BRG Hospital in Louisiana report they are happy they use PayActiv.

"We added PayActiv to our benefits package to help attract and retain employees and your program fit the bill." - Manufacturing Plant Executive, Emco Industries

Employee turnover case study
Factories

With real-time access to earned income, employees are relieved of the horrific financial stress of living paycheck to paycheck.

On-the-job injuries are greatly reduced due to reduced stress and peace of mind. And businesses experience increased productivity and retention.

"The fact new employees don't need to wait three weeks to get their first paycheck is a huge benefit for us ." - Executive of Compensations

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Call Centers

Call Centers/BPO industry employees have high levels of stress and the turnover rates are high.

PayActiv financial wellness and timely access to earned wages has effectively helped our call center customers relieve employee financial stress and reduce turnover measurably. PayActiv has also proven to be a great attraction to new employees in this industry.

“For us PayActiv is about stability in the workplace and higher retention rates.”
- Mike Fox, CEO Goodwill of Silicon Valley

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Non-profits

When purpose-driven nonprofit employees are financially well, the backbone of each and every nonprofit organization is strengthened. PayActiv helps bring their true, foundational mission to fruition.

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PayActiv is Revolutionary

A comprehensive financial wellness platform that includes timely access to earned wages, budgeting and saving features, electronic bill pay, and financial counseling. And, a powerful employer portal with tools to create the ideal workplace for engagement, retention, and recruitment.

Timely Access to Earned Wages

Employees get earned wages instantly plus many additional financial services.

Prepaid/GPR Card

Convenience and security of a FDIC insured Visa card for employees

Analytics

Reporting on adoption and impact specifically for your business.

Rewards Program

Employers can use our cash rewards program for employee recognition. 

Pulse Surveys

Voluntary and confidential. Available to employers.

Notifications

Send and track notifications to employees, such as training materials.

Business Advantage with PayActiv

We pay employees in security, dignity, and savings. They pay you back in optimized profitability.

employee retention and engagement

  • RETAIN AND RECRUIT BETTER

    Offering a benefit to boost employee financial health helps retain and attract high-performing talent. In fact, retention among PayActiv users is 30% higher and 8 out of 10 employees say they would recommend their workplace to others.

  • IMPROVE PRODUCTIVITY AND ENGAGEMENT

    50% of financially stressed employees spend three hours or more at work each week thinking about or dealing with personal financial issues. Removing the root cause of their financial stress, frees employees to focus and soar at work.

  • REDUCE INJURIES AND HEALTHCARE COSTS

    It’s estimated that more than 80% of doctor visits are due to stress related health problems. And 64% of stress is money related. Improving the financial health of your employees reduces absenteeism, stress-related injuries, and healthcare costs. 

Cost Savings with PayActiv

Businesses across all industries use PayActiv to provide the best financial wellness services to their employees and to save, on average, $50,000 per 100 enrolled employees, per year.

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1 Step 1
Adjust these fields for your business to see the results below
Total employees
100
600
10000
Less than $25/hr
5%
55%
100%
Existing turnover
5%
35%
100%
FinTax cost
$50
$125
$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]

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Painless On-boarding

Setup

Setup takes less than a day because the only thing needed is read-only access to time-and-attendance files.

Awareness

We work with you and provide marketing roll-out materials to create awareness and educate the staff about the new benefit.

On-boarding

Employees enroll via the PayActiv app or website, or through an SMS interaction. All financial services are then instantly available.

Active

Employees can access their earned wages for a flat $0-$5 fee. Multiple other services are available at no additional cost.

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

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

© 2018 – PayActiv, Inc. All Rights Reserved