Tag: employee atm

  • Reward Essential Workers with Added Benefits that Don’t Affecting your Cash Flow

    Offices, schools, manufacturing plants and distribution centers have all had to implement changes this year. It would be hard to find an industry that hasn’t been affected by the global COVID-19 pandemic. Now more than ever work-life balance can be a struggle.

    Many employers want to show appreciation to staff members – especially essential employees – but are restricted by cash flow. While raises and hourly increases may not be feasible, there are a number of ways to show your employees how much they mean to the organization such as adding new benefits or incentives that won’t breaking the budget. 

    Bonus & Incentive Pay

    While increasing pay may not be on the table right now, now is a good time to consider bonuses or incentives. Let’s face it, 2020 has rocked the entire world. Right now, everyone could all use a bit of a pat on the back for a job well done. But beyond that, rewarding efforts, especially if you can mold those incentives around a team. Not only do incentives and bonuses help to build loyalty but, when executed properly, employers who put in incentive programs can also expect to see anywhere from a 25-44 percent boost in performance, according to one study.

    Flexible Schedules 

    Now that the shock of transitioning teams and services virtually has (hopefully) worn off a bit, it is time to reconsider what the office schedule looks like going forward. Even after the country reopened, many large corporations have decided to keep as many of their workers as possible remote. While not feasible in every industry, now would be an opportune time to open communications with your employees around what future schedule suits them and how they feel they can contribute to the bottom line with a more flexible schedule.

    Every company will navigate this differently, what is important is including your employees in the discussion and understanding their collective needs. Building an environment that not only fosters communication, but spurs creativity will impact productivity and the bottom line. 

    Many human resources professions find workers suddenly more loyal after implementing flexible schedules. Zippia reported, “one survey found that 82 percent of professionals surveyed would be more willing to stay with their employer if they were offered flexible scheduling, while 39 percent reported rejecting a promotion or hiring offer or quitting a job because it didn’t allow for flexible scheduling.”

    Added Benefits

    How to better prepare for unimaginable financial crises needs to be paramount for both employer and employee going forward. Having a valued financial partner that works for the employees is one way to show you care for your team’s well-being and is exceptionally easy. ATMatWork can match your company with banks and credit unions that bring solutions directly to your doorstep. For starters, putting up a surcharge-free ATMs in the workplace can immediately save your employees money. To see how one company utilized this partnership, download our case study.

    Banks and credit unions not only provide savings, but they will consistently educate your employees and help prepare them for whatever the future may bring. Partnering with ATMatWork means you have immediate access to financial pros for questions that can reduce the financial stress of employees. Many offer programs and discounts for the needs of employees that will bring the overall financial wellness of your company to a healthy level. From savings to mortgages, your company will have a team working on your behalf.

    Although life is certainly not “normal” this year, there are simple ways you can reward your staff, especially those who are considered “essential,” navigate the new COVID-19 normal without added costs and raises across the board.  

    To set up a 10 minute custom consultation, email us at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having a workplace ATM and the surcharge-free ATM options we offer.

  • Why Having Financially Healthy Employees is as Important as Medically Healthy Staff

    “Only about 30 percent of your employees are doing well. The rest need help.”

    Imagine hiring the brightest doctor in the nation to come and assess your employees. After surveying each one, doing a complete examination, and running a series of tests, he comes to you with the news that 70 percent are unwell. How would you respond? Would you get the care and attention to make the company a more healthy workplace? Of course, you would!

    Unfortunately, this statistic isn’t imagined, but it may not be a problem for physicians to solve. According to a recent article, these numbers reflect the financial health of most Americans. Financial wellness is often overlooked but plays a critical role in the health of any organization. Not buying it? According to data from SUM180, an online financial planning service, 29 percent of employees admit to missing work to deal with stress caused by their own finances. That has a huge impact on your bottom line.

    Employers often think their industry is the exception to the rule despite data proving otherwise. In the article cited above, a survey by research provider Raddon found that 44 percent of responders said they were “very” or “extremely” literate, but when given a financial quiz, only six percent scored an “A.” And to open your eyes on how bad off employees are, a late March report showed 45.4 percent of consumers had $2,500 or less in savings, while 15.6 percent had no savings at all.

    But there is hope, and it’s easier than ever to help your staff. ATMatWork can match your company with a local bank or credit union that will offer a surcharge-free ATM in the workplace for your staff and bring solutions directly to your doorstep. Having a surcharge-free ATMs in your break room will immediately save your employees money. To see more data and the results your company could obtain, download our case study.

    Having a bank or credit union branded ATM in the workplace not only provides staff with savings, but they will consistently educate your employees. Partnering with ATMatWork means you have immediate access to financial pros for questions that can reduce the financial stress of employees. Many offer programs and discounts for the needs of employees that will bring the overall financial wellness of your company to a healthy level. From savings to mortgages, your company will have a financially healthy team working on your behalf.

    To learn more, call at 866.440.4700 or email us at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having an ATM on-site for employees and the surcharge-free ATM options we offer.

  • How to Help your Employees Reach their Savings Goals

    Employers are always looking at ways to attract and retain the best employees. Helping employees reach their financial goals is one such way. And, it doesn’t have to be an expensive endeavor or a burden to staff to create a sense of financial wellness within the company culture.

    A recent survey found that a staggering 43% of employees responding had less than $400 in savings. Another report showed 80% of respondents do not have six months of expenses saved. With these frightening facts, it’s evident employers have an opportunity to build trust with employees by helping reach their savings goals.

    Surcharge-Free ATM as an Employee Benefit

    One very simple, inexpensive way to do that is to place a surcharge-free ATM on-site. The average ATM surcharge in the US is $4.68 and could be higher for employees using an out of network ATM. These fees can add up without the employee realizing it. For example, an employee withdrawing cash at an ATM eight times per month, on average, pays $37.44 or more in fees.

    Putting a surcharge-free ATM in the workplace is one solution a number of companies are implementing. Not only is it a way for employers to help their staff save more of their hard earned paycheck but it is also safe and convenient.

    With a variety of surcharge-free ATM programs available, providing staff with the added benefit of convenient cash access at work has never been easier and in most cases is completely free to the company. It is also hassle free – with ATMatWork staff owning the hardware, handling installation and regular maintenance, and loading cash on a weekly basis.

    For companies that choose to partner with a local credit union or community bank, the financial institution will provide financial education in the form of brochures, on-screen ads, classes or on-site seminars during lunch breaks and be available to answer questions.

    FREE to the Employer | 100% Hassle-Free for HR Staff

    To learn more, give us a call at 866.440.4700 or send us an email at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having an ATM on-site for employees and the surcharge-free ATM options we offer.

  • Employees Want Alternate Payment Methods, Financial Wellness and Convenient Access to Cash at Work

    In the last several years, employers have begun offering a wider variety of benefits to inspire staff, retain employees and attract quality talent. A recent study by ADP Institute discovered that traditional perks, such as pay raises and medical benefits, are not the only offerings required for employers to remain competitive in today’s job market.

     According to Evolution of Pay, employees desire easier access to their earnings, financial wellness and more payment choices. Research shows that nearly 80% of employees are now willing to accept payment via unconventional means like payment cards, which are rapidly growing in popularity.

    With employee expectations for financial wellness growing as well, having easy access to a surcharge-free ATM that is sponsored by a local credit union or community bank ‒ that can provide financial wellness education ‒ is a growing new favorite benefit among employers and employees alike.

    An on-site ATM provides major benefits to employees and employers alike, such as:

    • Employee Savings. Employees can save thousands of dollars each month in surcharge fees when using an employer-provided ATM. This can be especially important to employees using a paycard, who may be limited to the number of withdrawals they can make each month or penalized with out-of-network fee for using other ATMs.

    •  Improved Security. Off-site banking poses a greater over-all risk. An employer provided, on-site ATM offers a private, secure environment where employees can withdraw cash, check balances and complete transfers with little risk to their physical or financial safety.

    • Convenience. Easy access to an ATM means employees can complete daily financial transactions without a trip to the bank, as well as having access to cash for lunch, vending and drink machines. On-site ATMs also allow employees quick access to payday funds.

    • Greater Time Management. With no need to stand in long lines at the bank or leave the premises in search of an ATM, employees are able to manage their time better, which means less time away from work and more relaxing breaks.

     An employee provided surcharge-free ATM offers multiple benefits to both employees and provides employers with a competitive edge when it comes to recruiting and retaining talented staff.

    ATMatWork offers several surcharge-free programs so employer can choose the option that best works for their employees’ individual need, including ATMs sponsored by local financial institutions that can offer financial wellness.

    Give us a call at 866.440.4700, send us an email at sales@atmatwork.com. We’ll be happy to walk you through the many benefits of having an ATM on-site for employees and the surcharge-free ATM options we offer.

  • Photos from SHRM19 in Las Vegas

    We had a blast in Las Vegas and hope you did too! If you missed us at SHRM19, contact us and find out how adding an ATM as a benefit can help you: Attract and Retain Employees, Save your Employees Time and Money and much more.

    Here are a few photos from our booth at SHRM19

  • ATMatWork Welcomes The People’s Bank & YMCA

    More than an ATM… A Powerful Dynamic Marketing Tool

    The fully branded ATM at the YMCA is more than just a cash dispenser… it’s a Powerful Market Tool that helps the bank to:

    • Grow Deposit Accounts 

    • Enhance Relationships with account holders and local businesses

    • Creates a Better Brand Impression with custom marketing on the ATM

    Affordable & Hassle Free

    No need for the bank or credit union to buy hardware, load cash, maintenance or keep up with compliance. The ATM experts at ATMatWork handle it all for a low monthly fee.

    Download our brochure to learn more about our ATM programs.

  • Make a New Year’s Resolution to Save Staff Time & Money with an ATM in the Workplace as a New Employee Benefit

    It doesn’t take a big raise or expensive gifts to make employees happy. Millennials especially look at benefits differently than their predecessors. As the first tech-savvy generation, they expect digital connectivity and convenient self-service access everywhere they go.

    One of the simplest ways to ensure employee satisfaction is get creative with benefits and perks that add real value to employees’ lives. That’s why the popularity of ATMs in the workplace is growing among employees and employers alike.

    Employees love having easy, safe access to their funds without having to use break time or leave work early to run errands.

    • Saves Employees Money. By having a surcharge-free ATM in your building, employees save thousands of dollars annually.  

    • Saves Employees Time. Being able to do their banking at work, saves employees a considerable amount of time. No more using break time or leaving work early to drive to the bank for cash.

    •  Increases Employee Safety. Having an ATM in the workplace offers an extra layer of security for employees since there is no safer place to withdraw cash than at work.

    A Competitive Advantage without a Big Price Tag

    In addition to making it convenient for staff, having an ATM on-site give employers a competitive recruiting advantage. And, having an ATM at work is cost-effective. In fact, in most cases having a surcharge-free ATM in the building is less expensive than paying for medical insurance for a single employee for just one month.

     Employees thrive at work when they know their contributions are valued. Letting your employees know they matter to you and the company helps employees stay engaged and excited, improving both the quality of work and the overall office environment.

    Contact the experts at ATM at Work and let us help you thank your employees by giving them surcharge-free access to their funds ‒ saving them time and money with an ATM at work!

  • Find the ATM Option that Best Suits Your Employee’s Needs

    Your employees are using an ATM and chances are they are spending a great deal of their paycheck on fees to obtain cash. 

    Many Human Resource professionals recognize this and that’s why having ATM in the building to give their staff easy access to cash — surcharge-free — is becoming one of the hottest new employees benefits being offered by employers.

    Having an ATM on-site Saves Employees Time and MoneyKeeps Staff at Work and provides a Convenient and Safe Environment for employees to do their banking. And best of all ATMatWork offers ATM options that are Hassle-Free and, in most cases, less than what you pay in insurance for one employee each month.

    Contact the experts at ATMatWork and let us help you select the ATM program that best suits your employee’s needs.

  • Why You and Your Employees Will Love Having an ATM at Work

    It doesn’t take a big raise or expensive gifts to make employees happy. Millennials especially look at benefits differently than their predecessors. As the first tech-savvy generation, they expect digital connectivity and convenient self-service access everywhere they go. One of the simplest ways to ensure employee satisfaction is to offer benefits and work perks that add real value to employees’ lives.

    The popularity of ATMs in the workplace is growing among employees and employers alike. Not only does it give employers a competitive advantage but having an ATM at work is less expensive than paying for medical insurance for a single employee for just one month. Employees also love having easy, safe access to funds without having to use break time to run errands.

     Employees Save Time & Money. ATM at Work offers a variety of surcharge-free options that will your staff access to cash at no charge ‒ saving employees thousands of dollars annually. For employees who don’t qualify for fee-free withdrawals, ATMatWork terminals boast a surcharge-fee that is 55 cents cheaper than the national average. Coupled with the fact that there is no travel time for balance inquiries, transfers and withdrawals, employees save a considerable amount of time by having easy access to an ATM on-site.

     Increased Employee Safety. ATM crimes have been on the rise for the last several years, including low-tech attacks like muggings. Having a terminal in the workplace offers an extra layer of security for employees since they don’t have to worry about being victims of violent crime.

     Keeps Employees at Work. Full-time workers often have a hard time finding time to run errands, pay bills and visit their local bank branch. With an on-site ATM, employees have instant access to payday funds with no change to their work schedule or loss time. Since ATMatWork terminals are serviced and filled with notes weekly, employees never run short on cash – whether it is for break room vending or larger responsibilities, like utility bills.  

     Employees thrive at work when they know their contributions are valued. Letting your employees know they matter to you and the company helps employees stay engaged and excited, improving both the quality of work and the overall office environment.

    ATMatWork is now offering an Allpoint surcharge-free ATM option. Transactions are free for employees who use some of the most popular paycards and bank at the more than 1,400 financial institutions that are part of the network.

    And best of all the ATM is hassle-free and, in most cases, less than what you pay in insurance for one employee each month.

  • Be a Human Resource Superhero by Providing Your Staff with an ATM at Work!

    Your employees are using an ATM and chances are they are spending a great deal of their paycheck on fees to obtain cash. 

    Many Human Resource professionals recognize this and that’s why having ATM in the building to give their staff easy access to cash — surcharge-free — is becoming one of the hottest new employees benefits being offered by employers.

    Having an ATM on-site Saves Employees Time and MoneyKeeps Staff at Work and provides a Convenient and Safe Environment for employees to do their banking. And best of all ATMatWork offers ATM options that are Hassle-Free and, in most cases, less than what you pay in insurance for one employee each month.

    Contact the payment professionals at ATMatWork to get started.