Today more than 15 million Americans work night shifts. Employees working these shifts for prolonged periods can suffer from various physical and mental health issues and persistent financial stress. Understanding the Struggles Your Night Shift Employees Face Night shift workers […]
For many people, their first big purchase is their first car. You need a vehicle to get to work or school, but you’ll probably have to save for quite a few months before you can actually afford one. Luckily, Payactiv […]
Financial stress is taking its toll on US workers’ physical and mental well-being. Financial challenges can also impact employees’ ability to be engaged at work, affecting their productivity and engagement and, in some cases, resulting in increased turnover rates. We […]
Financial Literacy Month was established in 2004 to recognize the importance of teaching individuals fundamental financial concepts such as budgeting, borrowing, taxation, and other aspects of personal financial management. Research indicates that approximately 66% of Americans lack these skills, resulting […]
In today’s uncertain economic climate, financial struggles affect Americans across all income levels, taking a toll on their overall well-being. This white paper delves into the daily financial stressors your employees likely face and how limited options can make navigating […]
Survey Reveals Alarming Lack of Employer Understanding of Financial Wellness Benefits San Jose, March 30, 2023 – Payactiv, Inc., a pioneer of Earned Wage Access (EWA) and a leading provider of employee financial wellness benefits, partnered with HR.com to conduct […]
Long-time president, chairman, and CEO of General Motors Alfred P. Sloan Jr. once said: “Only in more production and in new production can the American standard of living be increased and the economy be sound.” Manufacturers contribute $2.81 trillion to […]
As inflation and the cost of living continue to rise, employees feel the squeeze. Financial stress affects almost all full-time workers; even those earning over $100,000 struggle to cover basic expenses. Across all demographics (age, gender, race, and income), 80% […]
At a time when organizations are struggling to hire and retain employees, many are offering higher wages and more traditional benefits like health insurance and 401K matching. But they should also consider a supportive approach that prioritizes respect, trust, and […]
If there’s anything the events of the last two years and the ongoing impact of the Great Resignation have taught employers, it’s that they need to shift their focus to better accommodate employees – and their mental and physical wellbeing. […]
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