Menu
Retail Turnover
The average turnover rate in the retail industry is just above 60 percent, which has caused a continual cycle of hiring and training new employees. This results in poor customer service and a negative impact on retailers’ bottom lines with little room for employers or employees to thrive.
This turnover can’t be boiled down to one thing, but the top two reasons for it are compensation (40%) and benefits (21%).
Get the whitepaper:
Get Payactiv for your business
Learn how thousands of companies have improved their retention, recruitement, and engagement by offering Payactiv.
Request a Demo
© 2023 Payactiv, Inc. All Rights Reserved
* The Payactiv Visa Prepaid Card is 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 877-747-5862, 24 hours a day, 7 days a week.
** Central Bank of Kansas City is the issuer of the Payactiv Visa Prepaid Card only and does not administer, endorse, nor is liable for the Payctiv App.
1 Standard rates for data and messaging may apply from your wireless provider.
Google Play and the Google Play logo are trademarks of Google LLC.
Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.