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In the News
latest news and resources from the Rellevate News Desk
Press Releases
UNICEF Selects Rellevate, Inc. to Facilitate Payments Globally
STAMFORD, CT, UNITED STATES, August 1, 2024 /EINPresswire.com/ — Rellevate, Inc., Rellevate, a fintech empowering consumers with innovative services for flexible money access, has been selected through a competitive solicitation by the United Nations International Children’s Emergency Fund (UNICEF), to provide payments for UNICEF across the globe. “Rellevate is honored to partner with UNICEF, an esteemed organization dedicated to supporting children in need,” said Stewart A. Stockdale, Rellevate Co-Founder, Chairman, and CEO. “We are proud to contribute to UNICEF’s vital mission of delivering aid and hope to children around the world, and we are committed to supporting their efforts in every way possible. UNICEF will utilize Rellevate’s innovative payment technology to facilitate secure and efficient transactions worldwide.” Rellevate was formed to assist middle- and lower-income
Rellevate Announces Andrew Feirman as Senior Controller
Experienced Financial Executive Joins Rellevate, Inc View original press release here Andrew Feirman will serve as Senior Controller at Rellevate, bringing extensive financial leadership experience across diverse sectors. Previously, he held the role of CFO at Virtual Incentives, a prominent global provider of payments, rewards, and incentives. Earlier in his career, Andrew directed the Finance department at Nice Shoes, a renowned NYC-based post-production media studio. His professional journey includes over a decade as Controller at Goldin Associates, where he managed complex financial scenarios, forensic accounting investigations, and oversight of a private equity fund. Stewart Stockdale, Rellevate Co-Founder, Chairman and CEO, stating, “We are thrilled to have Andrew Feirman join our Senior Leadership Team. As our business grows in scale and complexity, his extensive experience and
Rellevate Announces Fee-Free Pay Any-Day
Click here for original press release STAMFORD, CT, UNITED STATES, June 5, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering Americans through leading-edge digital banking, payment, and disbursement services announce that their earned wage access product, Pay Any-Day, is fee-free. This innovative solution allows employees to access their earned wages in real time, without any fees. Pay Any-Day is a game-changing employee benefit that reflects a participating employer’s commitment to promoting financial wellness among their workforce. With this product, employees can have greater flexibility and control over their finances, reducing stress and improving their overall well-being. This is especially important in today’s uncertain economic climate, where many individuals are struggling to make ends meet. Unlike some other earned wage access
Rellevate Inc. Selected by Mayville School District to Offer Rellevate PayCard with Pay Any-Day to District Employees
Click here to view original press release STAMFORD, CT, UNITED STATES, May 2, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by Mayville School District in Mayville WI, to provide Paycards to their school district employees. “We are excited to begin implementing Rellevate’s technology to offer a Financial Wellness Benefit to assist in resolving short-term cash flow concerns for our employees,” said Scott Sabol, District Administrator at Mayville School District in Mayville, WI. Providing this benefit demonstrates our commitment to the well-being of our dedicated employees and the community we share.” “We look forward to working with Mayville School District to bring our disbursement services and Earned Wage
Rellevate Inc. Selected to Facilitate Payment Solutions for Tampa International Airport
Click here to view original press release STAMFORD, CT, UNITED STATES, April 25, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by the Tampa International Airport to provide payment solutions for their employee financial wellness programs. This partnership marks a significant milestone for Rellevate as they continue to expand their presence in the public sector. Through a competitive solicitation process, Rellevate was chosen for their cutting-edge Payment Platform, which offers seamless and secure payments for Tampa International Airport’s 650-strong workforce across 20 departments. This platform will be implemented at Tampa International Airport to streamline their employee financial wellness programs, providing a more efficient and convenient way to recognize their employees.
“Rellevate, Inc. Receives Innovation in Digital Banking Award for Excellence in Finance”
Click here to view original story Rellevate, Inc, a trailblazer in digital banking solutions, proudly announces its recognition at the prestigious FiNext Conference 2024. At this distinguished event held on February 28th and 29th at Crowne Plaza in Deira Dubai, Rellevate, Inc was honored with the esteemed Excellence in Finance Companies – Innovation in Digital Banking Award, reaffirming its commitment to revolutionizing the banking industry through innovation and technology. The Innovation in Digital Banking Award recognizes Rellevate, Inc’s outstanding contributions to the finance sector by pioneering innovative digital banking solutions. With a focus on customer-centricity and technological advancement, Rellevate, Inc has transformed the landscape of digital banking, empowering individuals and businesses to manage their finances seamlessly and securely. Participation in the FiNext Conference provided Rellevate,
Rellevate Empowers Employers & Public Sector with Fee-Free “Pay Every-Day” Payroll Disbursement Solution
Click here for original press release ~ Next Generation of Earned Wage Access ~ STAMFORD, CT, UNITED STATES, April 16, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, today announced the launch of “Pay Every-Day,” a revolutionary payroll platform designed to streamline payments and enhance employee financial wellness. This cutting-edge solution, offered at no cost to employers and to the public sector for disbursements, positions Rellevate as a frontrunner in financial well-being tools. “Pay Every-Day” disrupts traditional payroll by enabling instant disbursements any day of the week. Gone are the days of employees having to wait for bi-weekly or monthly paychecks. “Pay Every-Day” empowers employers to offer their workforce real-time access to their
Rellevate Honored with Excellence in Finance – Innovation in Digital Banking Award at FiNext Awards 2024
Click here for original press release STAMFORD , CT, UNITED STATES, February 29, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering middle and lower-income Americans through leading-edge digital banking, payment and disbursement services, has been named the recipient of the esteemed Excellence in Finance – Innovation in Digital Banking Award at the FiNext Awards and Conference Dubai 2024. The Excellence in Finance Award is a prestigious accolade presented annually to organizations that have exhibited exceptional talent and achievement in the realm of finance. Rellevate, Inc. stood out among its peers for its unwavering dedication to revolutionizing the financial landscape and fostering financial inclusion for all. Rellevate, Inc. offers a comprehensive suite of financial services designed to provide convenient, accessible, and
Rellevate Inc. Selected by the Auburn-Washburn School District to Offer Rellevate PayCard to District Employees
Click here for original press release STAMFORD, CT, UNITED STATES, February 22, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by Auburn-Washburn Unified School District 437 in Topeka KS, to provide paycards to their school district employees. “Auburn-Washburn is excited to begin offering Rellevate’s PayCard with Pay Any-Day to our new employees. They will now have access to their earned wages Day 2 on the job. No longer will they need to wait up to 40 days for their first paycheck. We see Pay Any-Day as a powerful new recruiting and retention tool!” said Brian White, Executive Director of HR & Operations at Auburn-Washburn USD 437 Topeka, KS, and Past
Rellevate Inc. Selected to Facilitate Virtual Payments for the Arizona Lottery’s Players Club and Lucky Lounge
Click here for original press release Stamford CT, February 6, 2024 – Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected through a competitive solicitation by the State of Arizona, to partner with the Arizona Lottery to provide a virtual reward card for its Players Club and Lucky Lounge programs. “The Arizona Lottery is thrilled to begin implementation of Rellevate’s technology to distribute Players Club and Lucky Lounge prizing in a way that delivers the best customer experience,” said Chris Rogers, Arizona Lottery Deputy Director: Marketing and Products. “We are excited to bring our state-of-the-art digital payment technology to the great state of Arizona,” said Stewart A. Stockdale, Rellevate Co-Founder, Chairman, and CEO. “Rellevate
Insights
Financial Challenges for Caregivers – Why It Matters
The caregiving industry is facing a crisis that’s been building for years. Home care agencies and healthcare providers are struggling to retain the professionals who make day-to-day care possible. Turnover rates in home healthcare have climbed close to 80%, driven by low wages, inconsistent hours, and limited financial stability. These challenges ripple across the system. When caregivers leave, agencies lose capacity, patients lose continuity of care, and costs rise. For healthcare leaders and agency owners trying to build stable teams, understanding these workforce pressures isn’t just compassionate, it’s strategic. The data reveal an industry stretched thin, where improving pay structures, scheduling flexibility, and financial wellness programs are now essential to retaining skilled caregivers and sustaining quality care. Key Takeaways The Real Cost of Caregiving Most
Healthcare Employee Turnover Statistics You Need to Know in 2025
Healthcare organizations are facing one of their most difficult challenges: maintaining workforce stability. The numbers tell a stark story that CFOs, CHROs, and patient financial services directors can’t ignore. While the national hospital turnover rate stands at 18.3%, this figure barely scratches the surface of what’s happening across different roles, age groups, and specialties. Understanding these statistics is about identifying the gaps that are costing your organization millions. Key Takeaways The Big Picture: Overall Hospital Turnover The 2024 data shows hospital turnover at 18.3%, marking a 2.4% decrease from 2023. This improvement might seem encouraging, but the reality is more complex. In the past five years, hospitals added approximately 304,000 employees, yet facilities are constantly replacing staff rather than building on their existing workforce. While
Per Diem Disbursements – Game-Changer for College Athletics
You’re likely aware that managing college athletics involves a lot of moving parts, especially when it comes to finances. Student-athletes need support, and that’s where per diem disbursements come into play. But let’s be honest, the old ways of handling this can be a real headache. This article looks at how you can make per diem disbursements work better for your athletic department and, more importantly, for your athletes. Key Takeaways Revolutionizing Per Diem Disbursements in College Athletics College athletics is changing financially. The development of Name, Image, and Likeness (NIL) chances and the necessity for transparency in team spending are changing how athletic departments manage per diem payments. Today’s initiatives require speed, compliance, and accountability, not paper checks or cash envelopes. Universities can modernize
The True Cost of Outdated Payment Systems in K-12
A significant number of K-12 districts continue to depend on outdated payment systems, utilizing cash, paper checks, or manual ledgers. A process that appears familiar may conceal major inefficiencies. These systems consume valuable time, escalate costs, and create frustration for both district staff and administrators. Educational institutions need modern payment systems that match the effectiveness and clarity of other industries. Key Takeaways The True Cost of Outdated Payment Systems in K-12 Traditional payment systems may look inexpensive on the surface, but their true costs are significant. Counting cash, reconciling records, and processing paper checks consume considerable staff time. Each manual task increases the risk of error, fraud, or lost funds. For administrators, this means time spent balancing spreadsheets instead of supporting teachers and students. The
Best Alternatives to Cash Disbursements
Moving away from traditional cash disbursements is becoming a necessity for both businesses and government agencies looking to streamline operations and improve efficiency. While cash has its place, a variety of modern alternatives offer greater speed, security, and flexibility. This article explores the best alternatives to cash disbursements that organizations and public sector entities can adopt to manage their outgoing payments more effectively. Key Takeaways When it comes to paying bills, vendors, or employees, the traditional method of handing over physical cash is becoming less common. Businesses today have a lot more options for managing outgoing money, and frankly, many of them are just better. Moving away from cash can make your financial operations smoother and more secure. This shift isn’t just about convenience; it’s
Employee Paycheck Advances: From Perk to Workplace Standard
In today’s rapidly evolving workplace, employee expectations are shifting. Flexibility, empowerment, and financial wellness are no longer optional—they are essential. Among these shifts, one trend stands out: the rise of employee paycheck advances, also known as on-demand pay. What was once viewed as a unique perk reserved for innovative companies has now become a baseline expectation across industries. Employees increasingly want greater control over when and how they access their earnings, and employers are recognizing the value of making this flexibility standard. By adopting secure, digital on-demand pay solutions, businesses not only meet employee needs but also strengthen retention, reduce turnover, and gain a competitive edge in the labor market. The New Reality: Employees Expect More Than a Paycheck Compensation has always been central to
How Pay Cards Can Help You Reach and Retain the Unbanked Workforce
Across industries, a growing segment of the workforce remains unbanked—meaning they do not have access to traditional checking or savings accounts. According to Business Insider, more than 6 million households in the U.S. are unbanked, and an additional 18 million are underbanked, relying on costly alternatives such as payday loans, check-cashing services, or prepaid debit cards. This reality creates unique challenges for employers. Employees without access to banking may face delays in receiving their paychecks, incur unnecessary fees, and struggle to manage their personal finances. Employers, on the other hand, encounter higher administrative costs, compliance risks, and turnover when workers feel excluded or dissatisfied with the way they are paid. Pay cards offer a modern, inclusive solution. By providing employees with a reloadable pay card
How Allowing Employees Options to Get Paid Early Can Lower Turnover and Boost Productivity
Employee turnover and declining productivity are two of the most pressing challenges organizations face today. Across industries—whether in healthcare, government, education, insurance, or the nonprofit sector—leaders face challenges such as rising recruitment costs, disengaged teams, and the constant need to maintain high morale. Traditional approaches, like raising salaries, aren’t always financially feasible or sustainable. One innovative and cost-effective solution is to offer employees the option to get paid early through on-demand pay programs. This benefit goes far beyond convenience—it has the potential to reduce financial stress, increase loyalty, and empower employees to bring their best selves to work. In this article, we’ll explore how early pay access can lower turnover, improve productivity, and serve as a strategic advantage for organizations looking to stay competitive in
How On-Demand Pay Can Boost Productivity Without Raising Salaries
Organizations today are under increasing pressure to find innovative ways to keep their workforce productive and engaged. Budgets are tight, yet employee expectations are higher than ever. Traditionally, salary increases have been viewed as the go-to solution for improving morale and efficiency. But in today’s economic environment, constantly raising wages is not sustainable. Instead, organizations are increasingly adopting On-demand Pay, also known as Earned Wage Access, as a cost-effective and scalable strategy to strengthen workforce satisfaction and performance. By offering employees the flexibility to access wages they have already earned, businesses can significantly reduce financial stress, enhance retention, and boost productivity—all without raising salaries. The Modern Workforce’s Demand for Flexibility The nature of work has changed, and so have workforce expectations. Employees no longer view
Why Earned Wage Access Is the Secret Weapon for Reducing Employee Turnover
It’s the end of the month, and one of your top employees is juggling rent, utility bills, and an unexpected medical expense. They’re stressed, distracted, and scanning job boards for positions that promise faster access to their pay. Within weeks, you lose them—not because they disliked their role, but because financial strain pushed them toward a competitor offering on-demand pay. This scenario is more common than many leaders realize. In a competitive labor market, the difference between retaining talent and watching it walk out the door can hinge on one strategic decision: offering employees access to their earned wages before payday. By implementing on-demand pay, organizations can provide employees with the financial flexibility they need, improving satisfaction, loyalty, and ultimately, reducing costly turnover. Understanding On-Demand
Press Releases
UNICEF Selects Rellevate, Inc. to Facilitate Payments Globally
STAMFORD, CT, UNITED STATES, August 1, 2024 /EINPresswire.com/ — Rellevate, Inc., Rellevate, a fintech empowering consumers with innovative services for flexible money access, has been selected through a competitive solicitation by the United Nations International Children’s Emergency Fund (UNICEF), to provide payments for UNICEF across the globe. “Rellevate is honored to partner with UNICEF, an esteemed organization dedicated to supporting children in need,” said Stewart A. Stockdale, Rellevate Co-Founder, Chairman, and CEO. “We are proud to contribute to UNICEF’s vital mission of delivering aid and hope to children around the world, and we are committed to supporting their efforts in every way possible. UNICEF will utilize Rellevate’s innovative payment technology to facilitate secure and efficient transactions worldwide.” Rellevate was formed to assist middle- and lower-income
Rellevate Announces Andrew Feirman as Senior Controller
Experienced Financial Executive Joins Rellevate, Inc View original press release here Andrew Feirman will serve as Senior Controller at Rellevate, bringing extensive financial leadership experience across diverse sectors. Previously, he held the role of CFO at Virtual Incentives, a prominent global provider of payments, rewards, and incentives. Earlier in his career, Andrew directed the Finance department at Nice Shoes, a renowned NYC-based post-production media studio. His professional journey includes over a decade as Controller at Goldin Associates, where he managed complex financial scenarios, forensic accounting investigations, and oversight of a private equity fund. Stewart Stockdale, Rellevate Co-Founder, Chairman and CEO, stating, “We are thrilled to have Andrew Feirman join our Senior Leadership Team. As our business grows in scale and complexity, his extensive experience and
Rellevate Announces Fee-Free Pay Any-Day
Click here for original press release STAMFORD, CT, UNITED STATES, June 5, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering Americans through leading-edge digital banking, payment, and disbursement services announce that their earned wage access product, Pay Any-Day, is fee-free. This innovative solution allows employees to access their earned wages in real time, without any fees. Pay Any-Day is a game-changing employee benefit that reflects a participating employer’s commitment to promoting financial wellness among their workforce. With this product, employees can have greater flexibility and control over their finances, reducing stress and improving their overall well-being. This is especially important in today’s uncertain economic climate, where many individuals are struggling to make ends meet. Unlike some other earned wage access
Rellevate Inc. Selected by Mayville School District to Offer Rellevate PayCard with Pay Any-Day to District Employees
Click here to view original press release STAMFORD, CT, UNITED STATES, May 2, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by Mayville School District in Mayville WI, to provide Paycards to their school district employees. “We are excited to begin implementing Rellevate’s technology to offer a Financial Wellness Benefit to assist in resolving short-term cash flow concerns for our employees,” said Scott Sabol, District Administrator at Mayville School District in Mayville, WI. Providing this benefit demonstrates our commitment to the well-being of our dedicated employees and the community we share.” “We look forward to working with Mayville School District to bring our disbursement services and Earned Wage
Rellevate Inc. Selected to Facilitate Payment Solutions for Tampa International Airport
Click here to view original press release STAMFORD, CT, UNITED STATES, April 25, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by the Tampa International Airport to provide payment solutions for their employee financial wellness programs. This partnership marks a significant milestone for Rellevate as they continue to expand their presence in the public sector. Through a competitive solicitation process, Rellevate was chosen for their cutting-edge Payment Platform, which offers seamless and secure payments for Tampa International Airport’s 650-strong workforce across 20 departments. This platform will be implemented at Tampa International Airport to streamline their employee financial wellness programs, providing a more efficient and convenient way to recognize their employees.
“Rellevate, Inc. Receives Innovation in Digital Banking Award for Excellence in Finance”
Click here to view original story Rellevate, Inc, a trailblazer in digital banking solutions, proudly announces its recognition at the prestigious FiNext Conference 2024. At this distinguished event held on February 28th and 29th at Crowne Plaza in Deira Dubai, Rellevate, Inc was honored with the esteemed Excellence in Finance Companies – Innovation in Digital Banking Award, reaffirming its commitment to revolutionizing the banking industry through innovation and technology. The Innovation in Digital Banking Award recognizes Rellevate, Inc’s outstanding contributions to the finance sector by pioneering innovative digital banking solutions. With a focus on customer-centricity and technological advancement, Rellevate, Inc has transformed the landscape of digital banking, empowering individuals and businesses to manage their finances seamlessly and securely. Participation in the FiNext Conference provided Rellevate,
Rellevate Empowers Employers & Public Sector with Fee-Free “Pay Every-Day” Payroll Disbursement Solution
Click here for original press release ~ Next Generation of Earned Wage Access ~ STAMFORD, CT, UNITED STATES, April 16, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, today announced the launch of “Pay Every-Day,” a revolutionary payroll platform designed to streamline payments and enhance employee financial wellness. This cutting-edge solution, offered at no cost to employers and to the public sector for disbursements, positions Rellevate as a frontrunner in financial well-being tools. “Pay Every-Day” disrupts traditional payroll by enabling instant disbursements any day of the week. Gone are the days of employees having to wait for bi-weekly or monthly paychecks. “Pay Every-Day” empowers employers to offer their workforce real-time access to their
Rellevate Honored with Excellence in Finance – Innovation in Digital Banking Award at FiNext Awards 2024
Click here for original press release STAMFORD , CT, UNITED STATES, February 29, 2024 /EINPresswire.com/ — Rellevate, Inc., a pioneering digital fintech company committed to empowering middle and lower-income Americans through leading-edge digital banking, payment and disbursement services, has been named the recipient of the esteemed Excellence in Finance – Innovation in Digital Banking Award at the FiNext Awards and Conference Dubai 2024. The Excellence in Finance Award is a prestigious accolade presented annually to organizations that have exhibited exceptional talent and achievement in the realm of finance. Rellevate, Inc. stood out among its peers for its unwavering dedication to revolutionizing the financial landscape and fostering financial inclusion for all. Rellevate, Inc. offers a comprehensive suite of financial services designed to provide convenient, accessible, and
Rellevate Inc. Selected by the Auburn-Washburn School District to Offer Rellevate PayCard to District Employees
Click here for original press release STAMFORD, CT, UNITED STATES, February 22, 2024 /EINPresswire.com/ — Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected by Auburn-Washburn Unified School District 437 in Topeka KS, to provide paycards to their school district employees. “Auburn-Washburn is excited to begin offering Rellevate’s PayCard with Pay Any-Day to our new employees. They will now have access to their earned wages Day 2 on the job. No longer will they need to wait up to 40 days for their first paycheck. We see Pay Any-Day as a powerful new recruiting and retention tool!” said Brian White, Executive Director of HR & Operations at Auburn-Washburn USD 437 Topeka, KS, and Past
Rellevate Inc. Selected to Facilitate Virtual Payments for the Arizona Lottery’s Players Club and Lucky Lounge
Click here for original press release Stamford CT, February 6, 2024 – Rellevate, Inc., a fintech company dedicated to empowering Americans through leading-edge digital banking, payment, and disbursement services, has been selected through a competitive solicitation by the State of Arizona, to partner with the Arizona Lottery to provide a virtual reward card for its Players Club and Lucky Lounge programs. “The Arizona Lottery is thrilled to begin implementation of Rellevate’s technology to distribute Players Club and Lucky Lounge prizing in a way that delivers the best customer experience,” said Chris Rogers, Arizona Lottery Deputy Director: Marketing and Products. “We are excited to bring our state-of-the-art digital payment technology to the great state of Arizona,” said Stewart A. Stockdale, Rellevate Co-Founder, Chairman, and CEO. “Rellevate
News Desk
Financial Challenges for Caregivers – Why It Matters
The caregiving industry is facing a crisis that’s been building for years. Home care agencies and healthcare providers are struggling to retain the professionals who make day-to-day care possible. Turnover rates in home healthcare have climbed close to 80%, driven by low wages, inconsistent hours, and limited financial stability. These challenges ripple across the system. When caregivers leave, agencies lose capacity, patients lose continuity of care, and costs rise. For healthcare leaders and agency owners trying to build stable teams, understanding these workforce pressures isn’t just compassionate, it’s strategic. The data reveal an industry stretched thin, where improving pay structures, scheduling flexibility, and financial wellness programs are now essential to retaining skilled caregivers and sustaining quality care. Key Takeaways The Real Cost of Caregiving Most
Healthcare Employee Turnover Statistics You Need to Know in 2025
Healthcare organizations are facing one of their most difficult challenges: maintaining workforce stability. The numbers tell a stark story that CFOs, CHROs, and patient financial services directors can’t ignore. While the national hospital turnover rate stands at 18.3%, this figure barely scratches the surface of what’s happening across different roles, age groups, and specialties. Understanding these statistics is about identifying the gaps that are costing your organization millions. Key Takeaways The Big Picture: Overall Hospital Turnover The 2024 data shows hospital turnover at 18.3%, marking a 2.4% decrease from 2023. This improvement might seem encouraging, but the reality is more complex. In the past five years, hospitals added approximately 304,000 employees, yet facilities are constantly replacing staff rather than building on their existing workforce. While
Per Diem Disbursements – Game-Changer for College Athletics
You’re likely aware that managing college athletics involves a lot of moving parts, especially when it comes to finances. Student-athletes need support, and that’s where per diem disbursements come into play. But let’s be honest, the old ways of handling this can be a real headache. This article looks at how you can make per diem disbursements work better for your athletic department and, more importantly, for your athletes. Key Takeaways Revolutionizing Per Diem Disbursements in College Athletics College athletics is changing financially. The development of Name, Image, and Likeness (NIL) chances and the necessity for transparency in team spending are changing how athletic departments manage per diem payments. Today’s initiatives require speed, compliance, and accountability, not paper checks or cash envelopes. Universities can modernize
The True Cost of Outdated Payment Systems in K-12
A significant number of K-12 districts continue to depend on outdated payment systems, utilizing cash, paper checks, or manual ledgers. A process that appears familiar may conceal major inefficiencies. These systems consume valuable time, escalate costs, and create frustration for both district staff and administrators. Educational institutions need modern payment systems that match the effectiveness and clarity of other industries. Key Takeaways The True Cost of Outdated Payment Systems in K-12 Traditional payment systems may look inexpensive on the surface, but their true costs are significant. Counting cash, reconciling records, and processing paper checks consume considerable staff time. Each manual task increases the risk of error, fraud, or lost funds. For administrators, this means time spent balancing spreadsheets instead of supporting teachers and students. The
Best Alternatives to Cash Disbursements
Moving away from traditional cash disbursements is becoming a necessity for both businesses and government agencies looking to streamline operations and improve efficiency. While cash has its place, a variety of modern alternatives offer greater speed, security, and flexibility. This article explores the best alternatives to cash disbursements that organizations and public sector entities can adopt to manage their outgoing payments more effectively. Key Takeaways When it comes to paying bills, vendors, or employees, the traditional method of handing over physical cash is becoming less common. Businesses today have a lot more options for managing outgoing money, and frankly, many of them are just better. Moving away from cash can make your financial operations smoother and more secure. This shift isn’t just about convenience; it’s
Employee Paycheck Advances: From Perk to Workplace Standard
In today’s rapidly evolving workplace, employee expectations are shifting. Flexibility, empowerment, and financial wellness are no longer optional—they are essential. Among these shifts, one trend stands out: the rise of employee paycheck advances, also known as on-demand pay. What was once viewed as a unique perk reserved for innovative companies has now become a baseline expectation across industries. Employees increasingly want greater control over when and how they access their earnings, and employers are recognizing the value of making this flexibility standard. By adopting secure, digital on-demand pay solutions, businesses not only meet employee needs but also strengthen retention, reduce turnover, and gain a competitive edge in the labor market. The New Reality: Employees Expect More Than a Paycheck Compensation has always been central to
How Pay Cards Can Help You Reach and Retain the Unbanked Workforce
Across industries, a growing segment of the workforce remains unbanked—meaning they do not have access to traditional checking or savings accounts. According to Business Insider, more than 6 million households in the U.S. are unbanked, and an additional 18 million are underbanked, relying on costly alternatives such as payday loans, check-cashing services, or prepaid debit cards. This reality creates unique challenges for employers. Employees without access to banking may face delays in receiving their paychecks, incur unnecessary fees, and struggle to manage their personal finances. Employers, on the other hand, encounter higher administrative costs, compliance risks, and turnover when workers feel excluded or dissatisfied with the way they are paid. Pay cards offer a modern, inclusive solution. By providing employees with a reloadable pay card
How Allowing Employees Options to Get Paid Early Can Lower Turnover and Boost Productivity
Employee turnover and declining productivity are two of the most pressing challenges organizations face today. Across industries—whether in healthcare, government, education, insurance, or the nonprofit sector—leaders face challenges such as rising recruitment costs, disengaged teams, and the constant need to maintain high morale. Traditional approaches, like raising salaries, aren’t always financially feasible or sustainable. One innovative and cost-effective solution is to offer employees the option to get paid early through on-demand pay programs. This benefit goes far beyond convenience—it has the potential to reduce financial stress, increase loyalty, and empower employees to bring their best selves to work. In this article, we’ll explore how early pay access can lower turnover, improve productivity, and serve as a strategic advantage for organizations looking to stay competitive in
How On-Demand Pay Can Boost Productivity Without Raising Salaries
Organizations today are under increasing pressure to find innovative ways to keep their workforce productive and engaged. Budgets are tight, yet employee expectations are higher than ever. Traditionally, salary increases have been viewed as the go-to solution for improving morale and efficiency. But in today’s economic environment, constantly raising wages is not sustainable. Instead, organizations are increasingly adopting On-demand Pay, also known as Earned Wage Access, as a cost-effective and scalable strategy to strengthen workforce satisfaction and performance. By offering employees the flexibility to access wages they have already earned, businesses can significantly reduce financial stress, enhance retention, and boost productivity—all without raising salaries. The Modern Workforce’s Demand for Flexibility The nature of work has changed, and so have workforce expectations. Employees no longer view
Why Earned Wage Access Is the Secret Weapon for Reducing Employee Turnover
It’s the end of the month, and one of your top employees is juggling rent, utility bills, and an unexpected medical expense. They’re stressed, distracted, and scanning job boards for positions that promise faster access to their pay. Within weeks, you lose them—not because they disliked their role, but because financial strain pushed them toward a competitor offering on-demand pay. This scenario is more common than many leaders realize. In a competitive labor market, the difference between retaining talent and watching it walk out the door can hinge on one strategic decision: offering employees access to their earned wages before payday. By implementing on-demand pay, organizations can provide employees with the financial flexibility they need, improving satisfaction, loyalty, and ultimately, reducing costly turnover. Understanding On-Demand