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3 Tips to Improve Your Company’s Bottom Line

Companies have experienced explosive growth overall in recent years, as evidenced by the increasing amount of payrolls reported in the US last month. But, this growth is a two-edged sword. What’s the danger?

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cost savings, Employee Engagement, loyalty

4 Ways to Improve Employee Loyalty

Employee loyalty is more important than ever. The current labor market is considered uncomfortably tight - a situation that creates an excess need for workers. This makes it difficult to hire for open positions and makes it increasingly expensive to lose valued employees.

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retention, Turnover, bottom line, Employee Retention, employees quit

What Is Employee Retention and What Factors Contribute to It?

Employee retention refers to an organization’s ability to keep its employees. Employee retention is usually represented as a percentage. For example, an annual retention rate of 80% indicates an organization kept 80% of its employees that year and lost 20%.

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daily pay, daily payment, differentiate your businesse, economy, Recruiting

Recruitment Strategies to Differentiate Your Business in a Competitive Job Market

Last week, it was announced that the U.S. economy added 227,000 jobs during the month of January, significantly higher than the 157,000 jobs added during December. This also exceeds the consensus estimate of 174,000 job additions. Interestingly, these are the highest monthly job gains since September.

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employee attrition, payment incentives, what employees want, bottom line, employee acquisition, hiring good employees, Recruiting

Why Is It So Difficult to Hire Quality Employees?

If you pay your employees competitively and focus on a healthy work atmosphere, then it’s easy to recruit all the talent you need, right? As it turns out, this is flawed logic. In most cases, it’s difficult to hire quality employees, even when the pay is decent and the atmosphere is warm. In today's world, it takes[...]

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employee attrition, reducing call outs, top call out reasons, why do employees call out, Employee Engagement

Employee Absenteeism: Ten Reasons Why Employees Miss Work

Employers can expect their employees to call in sick from time to time. Sometimes the calls are legitimate, but other times they might be more of a stretch to believe. It turns out some excuses are better than others. It also seems that calling into work may be an industry-specific matter. Some companies are more[...]

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reducing turnover, unemployment rate, Employee Retention, how to reduce turnover, labor market, Recruiting

Having Difficulty Recruiting Employees and Recruiting Talent? You're Not Alone.

The unemployment rate in the United States was at 4.5% in March 2017. This is the lowest it has been since Jan 1, 2001, according to historic data documented by the Bureau of Labor Statistics.  During the same month, the BLS measured the labor force participation rate at 63.0%. This indicates the majority of[...]

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Employee Engagement, financial wellness, Financial Wellness Benefit

How Financial Wellness Improves Employee Engagement

Financial issues are burdensome and distracting for everyone. In fact, when one of your employees is concerned about financial security, you lose them as an engaged employee.

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Case Studies

Case Study: The Maids International Cleaned Up Their Turnover

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Case Studies

Case Study: See How HyreCar Increased the Number and Length of Car Rentals

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Employees stay longer with DailyPay

DailyPay enables your employees to access their pay before payday, empowering them to meet their financial goals. Employees that find financial security at your company stay longer, reducing your turnover and improving bottom line profits.

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