Archive for September, 2017

The Latest ManagedPAY News and Opinions

September 26th, 2017

Replacing Employees Costs Big Dollars

The cost of employee turnover is alarming for many businesses. The latest statistic available from the  Employment Policy Foundation suggests the average cost of turnover to employers is $13,355 per full-time private-sector employee replaced. Keep in mind, this study was done several years ago so chances are this figure has risen considerably. Still it is enough to be troubling. An important… Read More

September 13th, 2017

Creative Employees Churn Out Ideas

“No idea is too far out… There’s a whole lot of creativity going on around here!” If asked, employees might say this about their workplace at DEI Inc., in Cincinnati, OH. DEI stands for Dedication, Ethics and Innovation, and DEI certainly is innovative when it comes to dealing with employees. DEI Inc. designs financial institutions all… Read More

September 11th, 2017

Mobile Banking Apps – Beware

IMPORTANT NOTICE BEWARE OF THE MOBILE APP September 11, 2017 Dear ManagedPAY Clients and Associates, A few weeks ago, ManagedPAY experienced several employee checks being returned to us.  These were checks written on our bank account to employees of the clients we serve.  The checks were marked, “Un Locate Account” rather than “Unable to Locate”… Read More