“If you need it, and you’ve earned it, you should be able to access it.”
PayActiv is an employer-sponsored employee benefit that allows workers to access their earned but unpaid wages on-demand, preventing them from being exploited and monetized as a result of cash flow timing issues.
Rather than dwell on wage stagnation and tax structures, PayActiv solved a real-world problem with imagination and innovation using financial technology to create a holistic financial wellness app. Our profitable, yet socially-responsible, business model is rooted in a deep commitment to improving the lives of our users.
There is no change in the employer’s payroll schedule and funding process because PayActiv manages all funding and money movement, synchronizes with the payroll system, and is fully compliant with all federal and state regulations.
When workers no longer have to deal with onerous financial and psychological stress, it results in higher productivity, retention, and engagement.
When stress is reduced, employees have more time. Time to be with family. Time to play with the kids. Time to exercise. Time to eat right. Time to relax. Time to smell the roses. Time to learn a new skill. Time to read.
And time to dream.