Security, Dignity and Savings for Employees
Everyone plans for rent, food, transportation and other necessities, but people living paycheck to paycheck are most vulnerable to the slightest fluctuations in expenses between pay cycles.
PayActiv eliminates the timing issue associated with waiting for payday and gives working people the option of accessing up to $500 of their earned but unpaid wages to manage their expenses without the fear of late fees, borrowing from friends or taking predatory loans.
CASH ACCESS - $0 to $5 FLAT FEE
Check your earned balance, get up to $500. Not a credit solution, no hidden fees, no risk of adding debt
SAVE IN UNITS OF TIME
Use the savings tool to budget and allocate as you earn
EARN REWARDS & DISCOUNTS
Get rewarded for excellence
BILL PAY & BANK TRANSFERS
Unlimited online bill pay and bank transfers. No fees or cost
ALL EMPLOYEES ARE ELIGIBLE
Available to all employees regardless of their banking or credit status
Build a productive and engaged workforce
Research shows 71% of working people irrespective of age, gender or race are stressed about their finances. This stress translates into distractions, depression, lack of motivation, absenteeism, and even workplace injuries, all of these costing loss of productivity, turnover, and healthcare expenses for businesses.
PayActiv provides peace of mind to employees by empowering them with a debt free on-demand option of accessing their earned wages, they can check how much they have earned, and setup savings at the source to prepare for tomorrow.
Strategic advantage of employee financial wellness benefits
"For us PayActiv is about stability in the workplace and higher retention rates"
Mike Fox, CEO Goodwill of Silicon Valley
Improve recruitment, retention and engagement
The benefits of PayActiv on business operations have been beyond our expectations. Our data shows significant gains in all these areas.
Benefits for Employers
Reduce absenteeism, turnover and healthcare costs caused by financial stress
Increase morale and motivation at work by giving your employees peace of mind
Use the rewards feature to incentivize employees
WORKS WITH EXISTING HR & IT SYSTEMS
No integration is needed, existing payroll and the time & attendance system is leveraged
NO SETUP or RECURRING COST
PayActiv is offered as a voluntary benefit by employers, at no cost to business
PayActiv turnkey solution works with existing HR systems
No change to your Admin, Payroll and IT processes
No Setup or Recurring Cost
We do all the heavy lifting
It is our top priority
We adapt to you
Improve recruitment and retention
Use our tools to empower your employees
How to provide PayActiv financial wellness benefit to your employees
Employer agrees to offer PayActiv as a benefit. We have already done the heavy lifting. No integration is needed, as the existing payroll and time/attendance system is leveraged. The highest security standards are followed.
Employee on-boarding uses a simple one-click method on SMS, PayActiv mobile app or web site. All financial services are instantly available.
Employees pay $0 to $5 depending on the employer and only when funds are accessed. There is no other fee.
No cost to employers and zero interest rate for employees
Nearly 50% of Americans don't have $400 for emergencies
Give your employees financial security, dignity, and savings