Payments

COVID-19 economic pressures have pushed more adults living paycheck-to-paycheck to want their income early, calling into question the value of decades-old payroll practices — and highlighting disparities along economic, racial and gender lines.

The card brand now offers tuition to Paul Quinn College, one of 107 historically Black colleges and universities in the U.S.

In 2019, 70% of firms said they either had a compensation philosophy, or they were working on one. Experts suggest this can help retain employees and improve pay equity.

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

The law set in motion a bitter dispute about the rights of workers who derive their income from apps made in Silicon Valley.

“We’ve designed Expensify.org so people can see exactly where the donations are going in order to increase the emotional connection,” says CEO David Barrett.

More workers would forgo celebrations and bonuses for more consistent rewards and recognition.

Hourly employees will have access to a free debit card and bank account to help them stay on top of their finances.

More companies increasingly will drop relationships with payers and instead contract directly with providers through accountable care organizations.