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Earned Wage Access Confirmed to Increase Employee Retention
The proof is in the pudding!
The effectiveness of something can only be determined by putting it to the test by trying or using it, appearances and promises aside. The effectiveness of the Payactiv financial wellness program was put to the test by data scientists and the results demonstrated significant reduction in attrition across all employee subgroups.
Measuring these results is not only challenging but also time-consuming. It requires an investment in deep data analysis of disparate data.
Recently a leading BPO company measured the effectiveness of on-demand pay in reducing attrition. Learn how Payactiv helped them reduce their attrition rate over 30, 60, and 90 days.
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