Currently, the unemployment rate is at a near 50-year low. It’s more important than ever for employers to recruit and retain employees, particularly when you consider the fact that more than one-third of U.S. employees are actively searching for a different job. There are trends in companies which have retention issues. These include: Lack of […]
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According to a 2017 Health and Workplace Benefits Survey which involved 1,518 U.S. workers between the ages of 21 and 64, 83% of employees said that health benefits are very important in the decision to remain in or change jobs. However, only 53% of those surveyed said that they fully understood the health benefits that
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Around 3 million American employees have quit their jobs every month since June 2017. Employee turnover is an issue throughout many industries. Surprisingly, more than 50% of all companies globally have problems retaining some of their most valued employees. Turnover is expensive for any employer because you have to spend time and money hiring and
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Everyone knows that business owners have many roles, but most people don’t realize one of them is being a lender. Sometimes employees might be hit with an unexpected financial burden which they do not have savings to cover. By offering your employees microloans you can help your employees alleviate their financial stress and prevent them
Microloans: Why You Should Provide them to Employees Read More »
These days, improving financial wellness within your workplace is a necessity if you want your employees to maintain healthy stress levels and remain productive. Implementing an employee loan program is one way to go about this. To be effective, an employee loan program requires enough participation to justify the investment, and it must also meet
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Numerous studies have shown that a majority of American workers are living paycheck to paycheck and would struggle to pay for an unexpected expense as small as $500. Unfortunately, this leaves many consumers, particularly those with no credit scores or poor credit, vulnerable to predatory lenders who take advantage by charging excessive rates. But in
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One of the best ways to ensure your employees are happy and healthy in their work is to offer a wellbeing program through your company. A workplace wellbeing program is designed to promote and improve health and fitness and is offered directly through the company. It allows you to provide gym memberships, premium discounts, cash
The Benefits of Offering Wellbeing Programs in the Workplace Read More »
Technically, there is no set definition for a payday loan because this type of loan can differ for every borrower. However, such a loan is typically for an amount less than $500, has a high interest rate and is due on the borrowers next payday. Depending on your state law, payday loans may be available to
The Truth About Your Staff and Payday Loans Read More »
Millennials have already made a significant impact on the United States labor force, and in 2015, this generation became the largest in the workplace. Today, 50 percent of job applications received by companies are submitted by millennials. Why are millennials having such an effect on employers? It’s because they’re not just looking for work; they
What Is the Future of Work with Millennials by Our Side? Read More »
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