A Watershed Moment for Employee Financial Wellness
1.4 million Walmart associates are able to avoid the fee and debt traps which reduce their take-home pay. With earned wage access they have a level of stability that employers can now provide.
Earned Wage Access
Timely access to earned wages helps employees avoid bank charges, late bill fees, and high-interest loans. Significantly lowers employee stress and improves overall employee wellness.
Direct 2 Cash
For the under and unbanked, most if not all transactions are cash-based. One of the key ways Employees benefit is the ability to access their earned wages in a variety of different ways including cash pick up from the flexibility to access wages for critical needs any time their local Walmart Money Center.
Holistic Financial Wellness
Workers face a variety of different hurdles on their journey to financial wellness. The many problems they face require a diverse set of tools to solve. That’s why PayActiv provides employees with a toolkit of powerful, yet affordable financial services giving flexibility and breathing room to achieve the things they set out to do.
Several hundred thousand users and over a billion dollars [earned wages] have been accessed by our associates. Payactiv continues to be a great partner.
70% of workers
say they’re in financial stress and more than 50% say it’s affecting their work.PayActiv provides a financial solution that benefits BOTH employees and employers. Your employees get many financial wellness services and access to earned wages between paychecks. You’ll enjoy increased loyalty and lower turnover.
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Learn how thousands of companies have improved their retention, recruitement, and engagement by offering Payactiv.