As an HR officer, you should always be on the lookout for anything that’s getting in the way of employee happiness. A happy workforce is a productive workforce—not to mention evidence that HR is doing its job and the company is treating its employees with respect. The best way to learn what’s making people upset […]
The Top 5 Complaints You Hear in Every Office Read More »
If you ask any HR manager about the importance of good company culture, they’re bound to say that it’s right up there with clean air and fresh drinking water. This is because a less-than-ideal culture can lead to poor morale, low productivity levels, and a generally unhappy workforce—all of which can have a detrimental effect
5 Signs Your Company Culture Needs a Fix Read More »
HRDIVE W.S. Badcock Corporation of Polk County and Habitat for Humanity of Saint Lucie County Add TrueConnect Loan as an Employee Benefit to Help Employees with Financial Wellness Employee Loan Solutions, Inc. of San Diego, California, today announced that two progressive Florida employers have signed up for their voluntary employee benefit program, TrueConnect Loan, to
Florida Employers Provide Safe and Affordable Loans to Employees Read More »
Houston Chronicle Some employers already know their workers can come up short and from time to time lend cash or advance paychecks. But for others, he said, it’s something they’ve never considered. “There’s a misperception among some business leaders that this is somehow a problem of the unemployed or homeless,” said Farry, one of Employee Loan
Startup offers employee loans as job benefit Read More »
Los Angeles Times For seven months, Macey struggled to make minimum monthly payments, though the balance of the loan never seemed to budge. She feared the lender would soon take her car, which she needs for work. “I thought they would come in the middle of the night,” she said. “Those loans, they consume you.”
Offer loans as an employee benefit, this start-up says Read More »
Washington Monthly In contrast to high-cost payday loans – where the finance charges typically translate into annual interest rates of 400 percent or more – these new loan options are less costly for borrowers (while still profitable for lenders) and won’t trap households in a spiral of debt. Many of these options also promise to
“Safer” Loans for Payday Borrowers Read More »
Morning Consult Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced new rules to reform payday lending and auto title loans. These rules are a welcome development for an industry that for far too long has recklessly taken advantage of working families, trapping them in endless cycles of debt that few have been able
Reining in the Payday Loan Industry Read More »
WSJ PRO Others are experimenting with new ways to find borrowers in need to lower the cost of credit checks and default risks. Employee Loan Solutions in San Diego ties up with employers, who offer referrals for personal loans as part of employee-benefit programs. The company provides 12-month loans at a 24.9% annual percentage rate
Payday Move Sounds Simple, but the Devil Is in the Details Read More »
Sidewire Jonathan Allen: Welcome David Rothstein, chairman of the Coalition for Safe Loan Alternatives, David Reiling, CEO of Sunrise Banks, and Doug Farry, cofounder and executive vice president for Employee Loan Solutions. David R. can you explain the need for the rule? Doug Farry: I’ll chime in. The CFPB, and other organizations, have found that payday loans
The CFPB’s new rule is aimed at helping borrowers avoid debt spirals Read More »
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