Payactiv’s Post

Are your employees feeling the financial strain? 😅 💸 Nearly half of U.S. workers say finances are their biggest stressor, but only 23% feel their benefits support their financial needs. There’s a clear gap that needs bridging— prioritizing holistic support and financial coaching is a great way to truly enhance employee well-being. Learn more here: https://lnkd.in/efFYAQjt #EmployeeWellbeing #FinancialHealth #HR #EmployeeBenefits #FinancialWellness

Less than half of workers feel financially sound, and this is particularly true for lower-paid employees. Our report uncovers the importance of financial wellbeing in overall employee satisfaction. Learn more about how you can support your team’s financial health. http://alig.ht/Nfpu50SpkRI #wellbeing #financialsupport

Hey, if you are in HR or any department that makes personnel decisions (or if you are the owner, CEO, CFO of your company) this survey about financial wellness for your employees is worth reading! https://lnkd.in/e4kmqSVE

In today’s economy, financial stress remains a leading cause of employee turnover and disengagement, leading more employers to explore the benefits of financial wellness programs as part of their recruitment and retention strategies. However, not all financial wellness benefits are created equal. In our webinar, discover how American Senior Communities reduced turnover by 20%. Join our panel of experts as we explore the intersection of financial wellness benefits and recruitment and retention strategies and learn how on-demand pay solutions can help improve your organization’s overall financial well-being. https://lnkd.in/dagwYnyz #payactiv #recruitment #retention #financialwellness

According to a recent Morgan Stanley at Work study, 89% of employees are more likely to stay with a company that offers tailored financial benefits. With 90% of HR leaders worried about losing talent due to inadequate financial wellness offerings, investing in your employees' financial health is crucial. Read our blog to discover strategies and tools to boost employee retention and enhance productivity. https://lnkd.in/eTR34hrT #payactiv #financialwellness #employeebenefits

Is financial stress impacting your workforce? PwC's recent Employee Financial Wellness Survey reveals: • 5x more distractions from financial stress • 56% dealing with personal finances at work • Only 50% see a future at their current employer Solution: Empower employees with clear & valuable Total Rewards Statements! Let's discuss promoting financial wellness & supporting your team's goals. https://hubs.la/Q02nb-fh0 #financialwellness #totalrewards #benefits #internalcomms

Even with inflation rates declining, employees still have trouble keeping up with the cost of living. Stand out as an employer of choice by offering financial wellness programs and resources that support employees’ immediate needs and overall well-being. This #Insperity webinar takes a deep dive into employee financial wellness and what employers can do to help: https://lnkd.in/eiE4vjwq. #FinancialWellness #EmployeeBenefits #HRThatMakesADifference https://lnkd.in/eEs2-537

In these challenging times, the cost of living crisis is more than just a headline—it's a daily struggle for many. 📈?💰?  A new report by Reward Gateway sheds light on a concerning trend: many employers might be underestimating the financial support their employees desperately need. With 65% of workers saying their company could step up more during these tough times, it's time for employers to listen and act. Employers, are you tuned in to your team's needs? #financialcoaching #financialeducation https://lnkd.in/eytK4kc4

The Growing Importance of Financial Wellness and Employee Benefits A recent study by PwC found 57% of employees say finances are the top cause of stress in their lives. While employers often can’t solve all of the problems that lead to financial stress, there are things we can do as organizations—and as leaders and managers—to begin to elevate the importance of financial wellness in the workplace and begin to normalize conversations about it, much as we have other aspects of employee well-being. For more information please visit www.aqcomply.com #FinancialWellness #EmployeeBenefits #Audit #USA #aqcomply

What I'm reading this week: 🌟 How Employers Can Support Employees' Financial Wellbeing 🌟 In today’s economic climate, the employer-employee relationship is evolving beyond just a paycheck. Here's how companies can step up to support their teams financially: 🔹 Flexible Pay Options – On-demand pay to help with cashflow 💸 🔹 Payroll Savings – Easy ways to build an emergency fund 💰 🔹 Fair Wages & Flexibility – Foundational measures to reduce stress ⚖️ 🔹 Financial Education – Transparent, unbiased resources for better money management 📚 🔹 Third-Party Support – Direct employees to external resources without overstepping 🙌 Why It Matters: 💼 73% of employees prefer companies that care about their financial well-being. 😊 Happier, healthier, more loyal teams = increased productivity. Source: https://shorturl.at/GRyW9 #FinancialWellbeing #EmployeeSupport #EmployerResponsibility #HRStrategy #EmployeeEngagement #FinancialHealth #InclusiveWorkplace #ProductiveTeams #HR