Tag: employee time management

  • 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.

  • Case Study: How One Company Saves their Staff Thousands of Dollar each Month with an ATM as an Employee Benefit

    Providing competitive, fair compensation can be a challenge. Some companies can offer incredibly high salaries, however most need to get creative with benefits and a variety of unique incentives like pet insurance have become popular in recent years.

    A Corpus Christi, TX company was looking for a way to provide their staff with a convenient, cost effective benefit that would provide real value.

    In this case study you’ll learn how they are saving their staff $4,500 on average each month and close to 400 hours by having a surcharge-free ATM on-site as an employee benefit.

    Complete the Form to Get a Copy of the Case Study

  • 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

  • 3 Ways to Help Employees Manage Their Time

    An efficient work-force is able to get things done safely and consistently. Unfortunately, staying on-task can be a challenge – especially when balancing personal and business priorities. Fortunately, there are ways to help your employees manage their time more effectively.

    1.  Invest in time and project management services – Many people plan their days in the morning. While this is not a bad thing, it often leads into a 24-hour mentality rather than an efficient use of time and energy. Fortunately, there are a variety of time management and project applications such as Todoist, Google Keep and Any.do that can eliminate the need for daily “to-do” lists while increasing employee-to-employee communication on projects.

    These types of applications provide a venue for employees to organize their tasks over a period of time and collaborate with other project participants and departments. Employees are able to stay up-to-date on the status of other aspects of projects, keep customers informed and plan based on the needs of the company.

    2.  Discourage Multitasking – Many people pride themselves on the ability to multitask. However, studies have shown that multi-tasking is not real. Instead of focusing on more than one thing at once, the human brain is actually rapidly switching between the two tasks. Neither task receives the full focus. Instead of attempting to juggle a multitude of items, it is best to focus on a single task with full attention before moving onto the next item.

    The “multi-tasking” mentality has become so ingrained in today’s culture that many employees may mistake their balancing of tasks as a benefit. Often, the ability to multi-task is looked on as a source of pride. It is important to present research dispelling this notion and train employees the value of focus.

    3.  Encourage Employees to Stay Onsite – Many employees will leave the campus during lunch or breaks in order to get food or run errands…especially banking. Providing an onsite ATM can offer a safe, easy cash and bank account access without the stress and dangers of traffic and long lines.

    Onsite ATMs can bring additional benefits including financial institution partnerships and offerings. These often include special checking, savings and loan offerings as well as financial education and/or mentoring to help employees navigate personal financial landmines, plan for retirement and make other important financial moves.

    Providing the appropriate tools and training is essential in creating a safe and efficient workplace. Onsite ATMs, time management training and project management services are just a few of the ways HR managers can offer guidance to employees.