- October 30, 2018
- Posted by: Andy Scheu
- Categories: Human Resources, Payroll
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!