Ditching Traditional Pay Cycles: A New Era of Financial Empowerment for Employees

Ditching Traditional Pay Cycles: A New Era of Financial Empowerment for Employees In today’s dynamic and often volatile economic landscape, ensuring financial stability is increasingly important for individuals and families alike. Employees, as the backbone of any organisation, play a crucial role in driving success, yet they often face financial challenges that can affect their […]

How employers can help ease their employees’ financial worries

Financial wellbeing takes the spotlight during a cost-of-living crisis As Australia grapples with a severe cost-of-living crisis, employees are finding themselves in increasingly precarious financial situations. According to a recent report by Finder, 3 in 5 (59%) Aussies say they are experiencing financial stress. That’s equivalent to 11.9 million Australians under financial strain. It’s significantly […]

Podcast: Sub 11 Director, Chris Titley chats with Steven Furman, CEO of Paytime

“𝐼𝑑’𝑠 π‘›π‘œπ‘‘ 𝑗𝑒𝑠𝑑 π‘Žπ‘π‘œπ‘’π‘‘ 𝑔𝑖𝑣𝑖𝑛𝑔 π‘π‘’π‘œπ‘π‘™π‘’ π‘Žπ‘π‘π‘’π‘ π‘  π‘‘π‘œ π‘‘β„Žπ‘’π‘–π‘Ÿ π‘šπ‘œπ‘›π‘’π‘¦; 𝑖𝑑’𝑠 π‘Žπ‘π‘œπ‘’π‘‘ β„Žπ‘’π‘™π‘π‘–π‘›π‘” π‘‘β„Žπ‘’π‘š π‘šπ‘Žπ‘›π‘Žπ‘”π‘’ 𝑖𝑑 π‘π‘’π‘‘π‘‘π‘’π‘Ÿ.” Steven Furman, our Founder and CEO, sat down with Sub 11 Director, Chris Titley, to explain how employers who take care of their workers’ financial wellbeing ultimately help themselves by improving employee satisfaction and boosting their business’ bottom […]

Five Essential Steps to Constructing an Effective HR Strategy

A person using a digital pen to interact with a futuristic interface. The interface features icons representing ideas, teamwork, love, settings, and collaboration, surrounding a human head silhouette with a lightbulb inside a gear. The person is dressed in business attire, indicating a professional setting.

Five Essential Steps to Constructing an Effective HR Strategy Creating an HR strategy is as crucial as having a business plan. A robust HR plan impacts every level of your organisation, ensuring you build an engaged and successful workforce. 1. Recognise the Organisational Strategy and Objectives Start by thoroughly understanding your organisation’s mission, long-term goals, […]

Pay Advances vs Earned Wage Access: Key Considerations for Aussie Employers

Pay Advances vs Earned Wage Access: Key Considerations for Aussie Employers More and more Aussie employers recognise the need to help employees access their pay early as a result of the high cost of living. In order to do this many businesses now offer some form of pay advance prior to the set payday. Traditionally, […]

Understanding and Addressing the Issue of Presenteeism in the Workplace

Understanding and Addressing the Issue of Presenteeism in the Workplace Presenteeism, where employees are physically present at the workplace but not fully engaged due to illness or other medical conditions, can significantly impact productivity. According to recent findings, presenteeism can reduce individual productivity by up to one-third, potentially exceeding the costs associated with absenteeism. While […]

AI in HR: Friend or Foe? Debunking Myths and Embracing the Future

AI in HR

In the field of Human Resources (HR), artificial intelligence (AI) has emerged as a somewhat controversial force, re-shaping the way organisations recruit, manage performance, and develop talent. With the emergence of this technology it’s transformative abilities comes a cloud of myths and uncertainties.Β  In this blog, Paytime aims to navigate the ethical and practical considerations […]