Turnover news and trends

Uber, Lyft Struggle To Keep Drivers On Board
Ridesharing // May 12, 2019

With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and retaining more drivers. According to a report in The Wall Street Journal, both Uber and Lyft, which saw their stocks...

Financial Wellness, For Employees, And Their Employers Too
B2B Payments // April 26, 2017

Turnover in certain industries — think fast food firms and cleaning services — can reach a few hundred percent annually. And that can cost firms thousands of dollars per (new) employee. What to do? FinTech DailyPay’s CEO, Jason Lee, says that faster access to pay leads to financially...

Rocky Start For Lyst As Senior Staff Depart
Retail // February 10, 2017

A large number of senior management recently left fashion startup Lyst, according to Business Insider. Over the past four months, an overwhelming total of 10 senior team members have left for other opportunities. Between October through February, these employees included the CMO Christian Woolfenden, Lead Data Scientist Eddie...

Interviews & Exclusives
Financial Wellness, For Employees, And Their Employers Too

April 26, 2017
Turnover in certain industries — think fast food firms and cleaning services — can reach a few hundred percent annually. And that can cost firms thousands of dollars per (new) employee. What to do? FinTech DailyPay’s CEO, Jason Lee, says that faster access to pay leads to financially secure workers, and financial wellness for their employers.

Quick Reads
Uber, Lyft Struggle To Keep Drivers On Board

May 12, 2019
With Uber and Lyft now publicly traded companies, the two are facing pressure from investors to grow at a fast clip, which means hiring and retaining more drivers. According to a report in The Wall Street Journal, both Uber and Lyft, which saw their stocks fall after their initial public offerings, are placing recruiting and […]