HomeHuman ResourcesLowering Employee Financial Stress Will Increase Your Bottom Line

Lowering Employee Financial Stress Will Increase Your Bottom Line

  • October 30, 2018
  • Posted by: Andy Scheu
  • Categories: Human Resources, Payroll
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What’s New?

Employers are recognizing that financial stress is major factor when it comes to maintaining a positive and productive work environment. In fact, 28% of employees say that financial stress is a distraction for them at work. Stressed employees tend to have more health issues, have bigger problems with attendance, and lower levels of work engagement. All of this adds up to decreased productivity, higher turnover rates, and ultimately, lower profitability.

In order to combat this, employers are searching for solutions that will reduce their employee’s financial stress, but won’t affect the company’s cash flow or complicate their payroll process.

How We’re Helping

To help, Time & Pay has partnered with ZayZoon, a company that allows employees to access their paycheck before payday. This service helps your employees pay bills on time and avoid overdraft fees, while providing an alternative to high-interest payday loans. Best of all, we offer this service is at no cost to the employer, and it is completely risk-free!

Contact us today to learn more about how Time & Pay can help lower your employee’s financial stress, and increase your bottom line!

Author: Andy Scheu
Andy was just six years old when his father started Time & Pay and has watched it grow from a one-man show to an organization with more than 15 employees, helping over 900 companies across the country. He was honored to become a part of Time & Pay in 2010 as an account executive, and began growing their customer base in the Chattanooga, TN area. Now acting as Director of Marketing and Sales, Andy works to ensure that Time & Pay remains loyal to the mission established by its founder over 30 years ago..."to be the provider by choice of quality, cost effective Payroll, Timekeeping and HR solutions to businesses, that will maximize customer satisfaction, while maintaining our profitability.”

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