Empowering the Frontline: Financial Wellness as a Retention Strategy
Frontline healthcare workers are the backbone of care delivery, but also the most financially vulnerable. Many live paycheck to paycheck while performing essential, high-stress roles. Helping to reduce their financial strain outside of work can have an outsized impact on improving their focus and morale while on the job. But how do you deliver the […]
The ROI of Financial Wellness in Healthcare Staffing
Today, staff retention is one of the biggest operational headaches for healthcare organizations. But the solution doesn’t need to involve a complicated new bonus structure or perks that cost thousands. Instead, a single, measurable investment in your team’s financial wellness has been shown to strengthen retention. Financial wellness benefits, like earned wage access (EWA), were […]
How Keeper Makes Earned Wage Access Secure and Compliant
In today’s fast-moving world, earned wage access (EWA) is quickly becoming a must-have employee benefit. It contributes to lower turnover and improved morale, and helps your team manage financial stress. But when you’re considering connecting a new platform to your Payroll and Time & Attendance systems, the first question is: Is this secure and compliant? […]
Why Earned Wage Access Improves Patient Care
Every healthcare leader knows that employee satisfaction and patient outcomes go hand in hand. When your staff feels supported, your patients feel it too. But here’s the key question: Are your benefits truly supporting your team where they need it most? The reality is, financial stress is one of the biggest drains on caregiver well-being […]
The True Cost of Healthcare Turnover (and How to Fix It)
The cost of employee turnover in healthcare is much more than an HR or operational challenge. It’s one of the most significant financial vulnerabilities facing the industry today. Every time a caregiver departs, it triggers a chain of recruiting, onboarding, and training costs that, when tallied, can easily exceed tens of thousands of dollars per […]
Keeper vs. DailyPay, PayActiv, and Tapcheck: Choosing Among Top Earned Wage Access Companies
Earned wage access (EWA) is no longer a niche perk—it’s becoming a must-have for hourly and shift-based workforces. But with multiple earned wage access companies to choose from, how do you know which one is best for your organization? Here’s a head-to-head comparison of Keeper, DailyPay, PayActiv, and Tapcheck. 1. Cost to Employers Keeper: Always […]
Financial Wellness as the Key to Reducing Churn in Healthcare Teams
Healthcare teams are plagued by churn. While this has been an issue for years, there’s a proven way to combat it: financial wellness benefits. Many caregivers leave due to low compensation for demanding work and an unpredictable schedule. In the absence of a raise, employee benefits that reduce finance stress, like earned wage access (EWA), […]
How Access to Pay Before Payday Boosts Retention in Home Health
Home health workers face unique challenges—like unpredictable schedules, emotionally difficult work, and low compensation with few benefits—that lead to burnout and high turnover. As a result, retention is a notably difficult hurdle for employers. However, it’s not insurmountable. In this article, we’ll explore how earned wage access, a modern employee benefit, has become a leading […]
Same-Day Pay as a Recruitment Tool for Healthcare Staffing Agencies
Although it regularly makes headlines, it’s no surprise to those in healthcare that the demanding role of a caregiver comes with notoriously low compensation. This combination drives rapid turnover, exacerbating the industry’s ongoing staffing shortage, especially in long-term care and home health. These constraints make recruiting difficult, and staffing agencies need a differentiator to attract […]
Why Instant Access to Wages Improves Employee Morale in Healthcare
When a nurse, caregiver, or other healthcare professional is worried about how they’re going to pay for a surprise car repair or an unexpected bill, that stress can spill into their work. Financial stress is a major reason for burnout in healthcare, and it leads to higher turnover rates, which strains already understaffed teams. Burnout […]