For decades, many hourly workers drew the short straw in regard to employee benefits packages, not enjoying the same perks as their full-time salaried counterparts The benefits previously beyond the reach of hourly workers included paid vacation time and sick […]
When measured in monetary terms, the direct costs of replacing an employee can range from 50% to 200% of their annual salary (one-half to twice their annual salary) But the price goes well-beyond dollars and cents After people leave, companies […]
Everyday pay presents a practical opportunity to immediately pay workers what they’re due In this article, we’ll explore the concept and mechanics of the Everyday Pay model and outline some of the key benefits it offers both employers and employees […]
Many employees are staying longer in their current roles due to the stability employers provide But don’t let outward behaviors deceive you According to a new report from Gallup, over half of US employees are watching or actively seeking a […]
Payroll expenses are the costs associated with compensating people for the work they do for your business – whether they’re full-time workers, hourly workers, or contractors Payroll costs often represent a company’s greatest expense category, so it’s vital to keep […]
Who would have believed 18 months ago that there would be over 9 million Americans out of work today and that employers would be struggling to fill positions despite that number Not many of us! So, how did we get […]
September 19, 2024
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Financial Learning
Since their invention in the 1990s, overdraft fees have been a source of income for banks and a source of contention with Americans living paycheck to paycheck If you’ve ever gotten hit with an overdraft, you know that they are […]
April 6, 2023
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Blog
Over half of North American employees are more stressed about their finances today than a year ago – the highest number reported since 2008 Multiple factors drive this unwelcome trend, including the rising cost of living and food Unexpected expenses, […]
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 […]
As earned wage access (EWA) becomes more widespread, some states are considering regulatory frameworks that create important consumer protections, while also enabling the EWA industry to continue to provide users access to their pay on-demand Earlier this week, Arizona Attorney […]
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