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employee attrition, high turnover, reducing turnover rate, turnover rate, why do people quit, cost savings, Employee Retention

Four Industries That Have High Turnover Rates, and What To Do About It

Businesses regularly aim for a 10% benchmark when it comes to employee turnover rates. Unfortunately, that figure is not always obtainable. In fact, sometimes turnover has to do with conditions beyond an employer's control - certain industries are inherently subject to high turnover rates. This means employers in[...]

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employee attrition, how much does a call out cost, price of call out, reducing call outs, Employee Engagement

How Much Are Your Absent Employees Affecting Your Bottom Line?

It is expected, by most employers, that their workers will miss a certain number of workdays each year. When employees begin to chalk up excessive absences, decreased productivity and morale - as well as an impact on a business's finances - become apparent.

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employee attrition, how to help employees pay bills, Employee Engagement, how to help employees, how to help employees meet deadlines, paycheck to paycheck

How Employers Can Be Sympathetic to Financial Hardship

We’ve written about how the lack of financial security is a catalyst of increased turnover, absenteeism, and overall financial unwellness. It’s easy to read about financial insecurity and not link the struggles to the employees who work at your organization. But, it is more than likely a percentage of your workers[...]

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direct deposit, education, paper checks, Payroll, payroll costs, HR, payroll benefits

How Much Are Paper Checks Costing Your Business?

Why send a handwritten letter when you can shoot a quick e-mail or text message? That analogy may best describe the difference of processing paper checks versus direct deposit. More than being an outdated and time-consuming practice, writing paper check is a more costly process for many businesses.

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employee attrition, Employee Retention, employee turnover, financial wellness, Financial Wellness Benefit

5 Reasons Why Employees Quit

Employee turnover is expensive, and in many industries, the cost of losing good workers is rising. Tight labor markets, and young employees job hopping at an increased rate are two proven contributors to turnover increases. Turnover is a meaningful expense for companies who constantly have to recruit new employees[...]

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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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