Do You Have a Dangerously Outdated Employee Benefits Strategy?

Employee turnover is one of the biggest dangers of clinging to an outdated employee benefits strategy

The paradigm shift is already here: Inflation, rising interest rates, and a possible recession. For employers, these require decisive action to ensure that employee benefits remain competitive, relevant–and delivering ROI. In fact, 95% of business and HR leaders who responded to The Future of Benefits Report 2023 are recalibrating their benefits strategy this year. What’s […]

Pay Periods May Go Extinct. What Employers Need to Know to Avert Disaster

Traditional weekly or bi-weekly pay periods becoming extinct in exchange for daily pay and early wage access

Key takeways The longstanding practice of weekly or biweekly payrolls is giving way to a new normal: daily pay. Growth was slow and then fast. It is underappreciated how fast this change is coming for frontline workers.  The periodic paycheck is unraveling due to new technology, employer awareness, and widespread financial stress.  This change has […]

What Employers Can Do to Fight Back Against Banking Junk Fees

Employers can prevent bank junk fees from harming employee financial health with Financial Care

This article was originally published in HR Daily Advisor on May 10, 2023. Key takeaways Bank junk fees are essentially a tax that transfers from your employees’ paychecks directly into the banks’ pockets. Employers are particularly well positioned to fight back on banking junk fees: Offer a free, no surprises bank account Pre-empt payday loans and […]