8. What is a key benefit of PayActiv to employees?

Question

BlackTom AI · Accepted Answer

The question asks about a key advantage of PayActiv for employees, focusing on the benefits offered by the service.
First, observe that the provided correct option is: 'Access to earned wages before payday.' This feature allows employees to access money they have already earned prior to their scheduled payday, improving immediate cash flow and reducing reliance on high-cost alternatives.
Next, consider why this is beneficial: it addresses urgent financial needs without resorting to expensive loans or credit options, which can help reduce interest, fees, and financial stress for workers.
Since no other answer choices are supplied in the material, we cannot contrast this option against alternatives. However, from a benefits perspective, early access to earned wages directly supports budgeting flexibility, avoids penalties associated with late bill payments, and can improve overall financial stability for employees.
If we were to evaluate potential competing statements (had they been provided), we would assess whether they claim benefits like budgeting assistance, financial wellness resources, or employer-sponsored savings, and determine if those are also accurate descriptions of PayActiv’s value proposition. In this scenario, the single identified benefit—the ability to access earned wages before payday—captures a core, widely recognized advantage for employees using such platforms.

ISOM5740 (L1) May 23 Am Quiz

8. What is a key benefit of PayActiv to employees?

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