If you’re like most business owners, you bend over backward for your customers. You do what it takes to provide the best customer experience possible. After all, good customer service helps ensure your customers will come back time and time again. So, why is it that many businesses don’t apply that same logic to[...]
direct deposit, financial wellness, Financial Wellness Benefit
Keeping direct deposit enrollment rates up has positive implications for both an employee and employer. Time, money and frustration can all be spared if employers offer direct deposit, and if employees utilize the benefit. Even more is the fact that your employees have a unique opportunity to kick-start their[...]
DailyPay will improve your bottom line. It’s that simple. It helps push employees toward higher productivity and better levels of engagement.
The holidays are a time for family, friends... and increased spending. In fact, national spending will be at a historic high. The National Retail Federation expects holiday retail sales in November and December – excluding automobiles, gasoline and restaurants – to increase between 3.6 and 4 percent for a total of[...]
Payroll is a big deal. It’s a lifeline for employees, and it’s the largest expense for a company. The expenses directly tied to employee compensation are vast:
Errors in the payroll process can cause huge issues ranging from monetary losses to a weakened company reputation.
employee attrition, payroll costs, Cost of turnover, Employee Retention, employee turnover, Financial Security, financial wellness
Monitoring and assigning a dollar figure to turnover is important for any business. Companies need to track employee turnover so they can look for and minimize causes of turnover, in part to protect their bottom line.
Employee Retention, industry, employee retention rate, average retention rate
Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? What is the[...]
employee attrition, Payroll, payroll costs, Employee Engagement, Employee Retention, payroll schedules
Payroll schedules need to toe the line between appeasing employees and doing what’s right for your company’s bottom line.