The 2017 Retention Report analyzed over 240,000 exit interviews to pinpoint exactly how preventable employee turnover is. Their study revealed that over 75% of the reasons employees left their jobs in 2016 were preventable.
The long answer is that employee turnover isn’t preventable if you don’t understand why your employees are leaving. Can you pinpoint the red flags leading up to turnover?
Continue reading “Is Employee Turnover Preventable?”
The United States is experiencing a tight labor market, or in other words, there are more jobs than workers. This off-kilter job to employee ratio makes it difficult for companies to hire employees.
Continue reading “How DailyPay Will Solve Your Recruiting Problems”
Most business owners know there are significant costs associated with ignoring employee engagement. Engagement directly correlates to productivity, and heading into the fourth quarter, extra effort may be the component you need to reach your year end-goals.
Continue reading “5 Surprising Ways to Tell Your Employees are Unengaged – And What To Do”
With quarter four among us, many companies are paying close attention to their bottom lines. Often, the burden of the fourth-quarter push is directed at sales departments. However, it’s wise to take a look at business operations as a way to improve your bottom line all year-round. A “true” bottom line is the outcome of all aspects of your business.
Continue reading “4 Ways to Monitor and Improve Your Company’s Bottom Line”
Federal minimum wage has remained stagnant since 2009; however, many local and state laws have pushed to increase minimum wage pay. In some metro areas like Los Angeles and San Francisco, the proposed rates are as high as $15 an hour.
Continue reading “What to Do if You Can’t Afford Minimum Wage Increases”
One of the most significant costs impacting the bottom line of your business is employee turnover.
Continue reading “Attracting More Job Applicants – How DailyPay Helps Employee Recruitment”
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 their employees?
Continue reading “Why Your Employees Need DailyPay”
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 financial wellness by using direct deposit as a financial strategy — which in turn creates increased engagement and productivity for an employer.
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DailyPay will improve your bottom line. It’s that simple. It helps push employees toward higher productivity and better levels of engagement.
Continue reading “5 Ways DailyPay Helps Your Business Make More Money”
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 $678.75 billion to $682 billion, up from $655.8 billion last year. This will be the highest it’s been since 2002.
Continue reading “Give the Gift of Financial Wellness This Holiday Season”