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Unlocking the power of employee benefits in 2024’s challenging economy

Unlocking the power of employee benefits in 2024’s challenging economy
More than half - 57 percent of full-time employed U.S. surveyed adults said their finances were the top cause of stress in their lives at the start of

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The challenging economic conditions of 2024 have left many U.S. workers stressed about their finances. With inflation rates higher than expected and companies implementing cost-cutting measures, employees are feeling the pressure. However, offering employee benefits beyond just a paycheck can help support workers during these turbulent times. On-demand pay, for example, allows employees to access their earned wages between regular pay periods, reducing financial stress and increasing job satisfaction. This benefit also has business advantages, such as increasing employee productivity and reducing absenteeism. Danone, one of America's largest food and beverage companies, implemented Dayforce Wallet, a solution that provides employees with on-demand access to their pay. This has led to substantial time and cost savings for the company and has improved employee satisfaction. Dayforce Wallet is an invaluable solution for employers seeking to boost their workforce’s financial well-being and plays a central part in an attractive benefits package for new recruits.

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