Among the modern workforce’s top requirements is an engaging workplace where employees feel employers are committed to their success in and out of the office.
With a talent pool that’s becoming increasingly competitive, employee engagement is now one of the most important differentiators as employers seek to stand out and increase retention. In fact a
An innovative approach to payroll can contribute meaningfully to a positive, engaging culture by allowing employers to demonstrate their commitment to their workforce.
The time has come for enterprises to reimagine the capacity of payroll’s role in the employer-employee dynamic. Employers must embrace solutions that better cater to today’s workforce and capitalize on payroll’s central position in their employment relationship.
Payroll can be reimagined as a vehicle to deliver greater value to workers, for example, financial self-help tools. Over two-thirds of Millennials say they want
Furthermore, employers are incentivized to enhance their employee’s financial well-being. More than 72% of American workers claim to worry about personal finances during their workday, which costs employers $2,000 in productivity per employee every year. By offering financial planning and wellness support, employers can empower their employees to take control of their finances, producing a more satisfied and focused worker.
Providing workers with funds on their own terms with access to personal finance tools can do more than just keep up with modern technology. A payroll revolution stands to enhance employee productivity, engagement and retention – three priorities of every 21st century business.
