wages

Roughly 1 in 7 Millennials Use BNPL to Pay for Groceries
Roughly 1 in 7 Millennials Use BNPL to Pay for Groceries
June 30, 2023  |  Buy Now Pay Later

Struggling consumers are relying on payment plans for daily purchases as wages fall behind rising prices. Nearly three-quarters of millennials are living paycheck to paycheck...

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Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
June 30, 2023  |  Economy

Three key government-released metrics may together explain why consumers’ financial struggles may be more significant now than in previous economic downturns. The most headline-garnering is...

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DoorDash Adds Hourly Pay Option for Gig Economy Drivers
DoorDash Adds Hourly Pay Option for Gig Economy Drivers
June 28, 2023  |  Delivery

DoorDash will now let its gig workers choose to be hourly workers. The aggregator will let drivers choose to earn a minimum hourly rate, to use...

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PYMNTS Intelligence: Leveraging Real-Time Payments to Help Paycheck-to-Paycheck Households
PYMNTS Intelligence: Leveraging Real-Time Payments to Help Paycheck-to-Paycheck Households
June 15, 2023  |  Real-Time Payments

As inflation grows faster than most wages, an increasing number of households are living paycheck to paycheck, having just enough money to make it to...

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Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
June 13, 2023  |  Aggregators

Restaurant aggregators may be against legislation to raise drivers’ pay, but without some kind of change to their gig workers’ pay structure, they struggle to...

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Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023  |  Economy

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small...

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Sorbet Launches On-Demand PTO Cash Advance Solution in 8 States
Sorbet Launches On-Demand PTO Cash Advance Solution in 8 States
June 01, 2023  |  Consumer Finance

Sorbet has launched a platform that lets employees access the value of their unused paid time off (PTO). With this on-demand PTO cash advance solution...

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Microsoft Reportedly Cutting Back on Raises, Bonuses and Stock Awards
Microsoft Reportedly Cutting Back on Raises, Bonuses and Stock Awards
May 10, 2023  |  Economy

Microsoft is reportedly cutting back on raises, bonuses and stock awards due to the state of the economy. The tech giant is skipping raises for...

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26% of Consumers Want All Disbursements to be Instant
26% of Consumers Want All Disbursements to be Instant
April 28, 2023  |  Disbursements

We’ve all gotten used to speed, to getting what we want on demand, through digital channels. In research done in collaboration between PYMNTS and Ingo...

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