eBook The Fight for Hourly Workers: Leveraging Three Wage and Benefit Trends

As employers consider new ways to stand out in this ultra-competitive hiring market, many are looking to restructure wages and benefits to be more responsive to workforce needs. Download the latest research to learn what workers want and which benefits can help improve recruitment and retention rates.

Make the Most of New Wage and Benefit Trends
Employers are scrambling to rebuild workforces amidst record U.S. labor shortages.1 Meanwhile, the COVID-19 pandemic has left many hourly workers more financially insecure than ever. Consider this:

  • 3 out of 5 (57%) hourly workers are financially insecure2
  • 150 hours of productivity are lost each year by employees under financial stress3
  • 33% of earnings are lost per employee every year due to financial stress,4 resulting in costly turnover5

It’s clear many need better support from their employers to work toward financial stability — and that these challenges have significant impacts on employer costs. Download this new eBook today to learn more.

Download the eBook Now

By signing up, you agree to receive marketing communications from Netspend. Netspend will not share your contact information with third-party companies. You may opt-out at any time by clicking unsubscribe on the link included in emails we send you. We take your privacy seriously. Click here to read our Privacy Policy.
 

1 CNBC, “Job openings set record of 9.3 million as labor market booms”, June 2021
https://www.cnbc.com/2021/06/08/job-openings-set-new-record-of-9point3-million-amid-economic-reopening.html

2 Netspend Survey: Employee Health and Wellness, Survey of 1,000 U.S. adults, December 2020, pg. 5

3 Chicago Business Journal, April 2019, “Employees’ Money Worries Drain Employers’ Bottom Line”
https://www.bizjournals.com/chicago/news/2019/04/15/employees-money-worries-drain-employers-bottom.html

4 SHRM, 2019, “To Have and To Hold”
https://www.shrm.org/hr-today/news/all-things-work/pages/to-have-and-to-hold.aspx

5 Netspend Survey: Employee Health and Wellness, Survey of 1,000 U.S. adults, December 2020, pg. 38

 

© 2021 Netspend Corporation. All rights reserved worldwide. Netspend is the federally registered U.S. service mark of Netspend Corporation. All other trademarks and service marks belong to their owners.