Employee Retention news and trends

Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators
Payroll // February 09, 2024

The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the American Fintech Council urged that...

Employers Drive Retention With Catering Amid Return to On-Site Work
Business // April 14, 2023

With the return to on-site work, corporate catering is gaining steam. In an interview with PYMNTS, Diane Swint, chief revenue officer at business catering firm ezCater, noted that, even in this inflationary period, demand has not decreased. In fact, order value has grown, with workplaces...

Remote Workers’ Changing Preferences Influence CFO Policies
B2B Payments // September 07, 2022

One of the top macro issues that consistently emerges in PYMNTS discussions with CFOs is the challenge of recruiting and retaining top talent. Data from the September edition of The Connected Economy™ Monthly Report sheds light on the state of the contemporary workforce that can...

Can Faster Pay Keep QSRs Competitive?
Faster Payments // August 14, 2019

With a 132 percent annual turnover rate, at a cost of $2,000 per worker, employee retention is no small problem for quick-service restaurants (QSRs). On-demand access to payroll and tips could turn the tide, says Instant Financial Co-Founder and CEO Steve Barha. Here’s how real-time...

Interviews & Exclusives
Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators

February 09, 2024
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the American Fintech Council urged that a meeting be set up with “relevant stakeholders” to have […]

Airbnb For Work Redefines The Offsite

September 13, 2018
Work isn’t what it used to be. According to the Bureau of Labor Statistics (BLS), workers born between 1960 and 1980 (the tail end of the baby boomers and Gen Xers)...

Why Making Payroll Faster Slows Employee Churn

July 18, 2018
Even in the best of times, turnover wastes employers’ time and money, and the problem only gets worse with low unemployment. But what if one could combine digital technology, payment...