The overall well-being of American workers has dipped to its lowest level in 12 years, and people cite personal finance concerns as the primary contributor to their declining wellness. Today, employees’ money worries have reached an all-time high, with 86% of workers saying they feel more stressed about their finances than they’ve ever been. In this climate, it’s essential that employers develop comprehensive benefits packages that support their employees’ financial health. Read our blog to learn the 5 Financial Wellness Benefits Your Employees Want Most in 2024. https://lnkd.in/g6TmzJ4C #payactiv #financialwellness #employeebenefits
Payactiv
Financial Services
San Jose, California 17,394 followers
The Leader in Earned Wage Access.
About us
Payactiv is the best way for employees to get financial relief between paychecks, a service needed by two-thirds of the workforce. We give businesses the tools essential to ease the financial stress of their employees and build a higher performing workforce. First to revolutionize timing of pay Payactiv is the right way to improve employee financial health. Our aim is to empower lower-income American workers with dignity. We accomplish this by providing employees timely access to their earned-but-unpaid wages. Technology Our social responsibility DNA and decades of experience in payments technologies helped us reimagine the way financial services should be delivered to lower-income workers. Payactiv is designed to help each and every user reach financial resilience and wellness. Implemented in companies nationwide Payactiv serves thousands of employees and industries all across the board—restaurants, factories, hospitals, retail stores, and many more. Walmart is one of our marquee clients.
- Website
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https://www.payactiv.com
External link for Payactiv
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- San Jose, California
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Financial inclusion, Alternative to payday loans, Financial wellness, Income smoothing, Financial stress, productivity, employee engagement, HRTech, and FinTech
Products
Payactiv Financial Wellness Platform
Financial Wellness Software
Holistic financial wellness platform including timely earned wage access, intelligent budgeting and savings, bill pay, financial counseling, discounts, Visa card, and much more.
Locations
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Primary
4880 Stevens Creek Blvd
San Jose, California 95051, US
Employees at Payactiv
Updates
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Did you know? During an 8-hour workday, the average employee spends only 4 hours and 12 minutes actively working. That inefficiency can cost businesses dearly. In our latest article, discover actionable strategies to enhance employee engagement and drive productivity. From creating digital experiences with cutting-edge tools to offering financial wellness benefits that empower your team, every step counts towards a more efficient and motivated workforce. Read our blog to explore some tools you can use to keep your employees motivated and inspire them to put 100% into everything they do while boosting your bottom line. https://lnkd.in/gWMbE7YP #EmployeeEngagement #Productivity #BusinessGrowth #FinancialWellness #Payactiv
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Understanding and optimizing each stage of the employee life cycle can lead to higher employee retention, improved productivity, and achieving your revenue goals in 2024. Each stage in the employee lifecycle plays a vital role in creating a positive work environment and fostering employee engagement. We want to hear from you! Which stage do you think is the most crucial for optimizing the employee experience? Cast your vote in our poll and share your thoughts in the comments! 👇 #EmployeeExperience #HR #EmployeeLifeCycle #WorkplaceCulture #Retention #Onboarding #Recruitment #Payactiv
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Did you know that 6 in 10 Americans live paycheck to paycheck? With inflation at a 40-year high, financial stress is a major concern for employees, impacting their productivity and well-being. In our latest blog, we outline 7 essential steps to launch a comprehensive financial wellness program that addresses these challenges head-on. Discover how tailored financial education, on-demand pay, and personalized support can make a significant difference for your workforce. Read more here: https://lnkd.in/gTAvJEAb #payactiv #financialwellness #EWA #employeebenefits
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With inflation at a 40-year high, the financial strain on the U.S. workforce is significant. Over 60% of Americans are living paycheck-to-paycheck, facing immense challenges despite holding multiple jobs. Employers can play a crucial role in alleviating this stress through well-designed financial wellness programs. Read our blog to explore our comprehensive roadmap designed to help you understand, strategize, and implement effective financial wellness programs to support your employees. https://lnkd.in/gTAvJEAb #financialwellness #Unitedstates #EWA #paycheck #employeebenefits #payactiv
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Happy 4th of July! 🇺🇸 #IndependenceDay #FourthOfJuly #CelebrateFreedom
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Getting ready for the seasonal hiring rush? What do you think is the most important factor? Share your thoughts in the comments below! #SeasonalHiring #EmployeeEngagement #HRTips #WorkplaceCulture #Payactiv
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Employee turnover can catch even the best managers off guard. In our latest blog, we delve into the early warning signs of flight-risk employees and share actionable strategies to keep your top talent engaged and committed. From understanding common causes like lack of career development to implementing flexible working arrangements and financial wellness programs, learn how to create a supportive workplace where employees thrive. Read the full article to learn more: https://lnkd.in/gHthcuJ7 #Employeeretention #Payactiv #financialwellness
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Discover how Payactiv supports employees by providing convenient access to earned wages. Explore our commitment to enhancing financial well-being and workplace satisfaction. Visit our website https://lnkd.in/eVc5EsHi to learn more about our suite of financial wellness benefits. #financialwellness #payactiv #usertestimonial #EWA
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Financial stress can significantly impact work productivity. At Payactiv, we believe in empowering employees with the right tools and resources to alleviate financial stress. We want to hear from you! What do you think is the most effective way to combat financial stress and boost productivity? Cast your vote and share your thoughts in the comments below! #FinancialWellness #EmployeeProductivity #WorkplaceSolutions #Payactiv
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