Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of lump periodic payments has endured. Numerous economic, social and technological trends are rendering this system more outdated, however. Consumers have...
Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals can find themselves waiting up to a month to collect payments, says Dave Messinger, chief technology officer at Topcoder. In...
The United States added 4.8 million jobs in June, but economic concerns surrounding the impact of the COVID-19 pandemic are still surfacing. Many workers hired in June were also hired part-time or freelance, indicating a widespread shift away from traditional employment and how U.S. employees...
According to PYMNTS’ pandemic research, over 41 percent of workers in lower-income positions are earning even less since COVID-19 descended. That’s not unexpected, all things considered – just another eye-popping statistic from the next normal. What’s surprising is how conspicuously antiquated “payday” suddenly seems in...
July 30, 2020
The United States added 4.8 million jobs in June, but economic concerns surrounding the impact of the COVID-19 pandemic are still surfacing. Many workers hired in June were also hired part-time or freelance, indicating a widespread shift away from traditional employment and how U.S. employees want to receive their wages. Companies and workers alike are […]
