Payment history – Killer Kash http://killerkash.com/ Tue, 05 Jul 2022 01:48:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://killerkash.com/wp-content/uploads/2021/07/killer-150x150.png Payment history – Killer Kash http://killerkash.com/ 32 32 GHC healthcare workers seek better working conditions https://killerkash.com/ghc-healthcare-workers-seek-better-working-conditions/ Mon, 04 Jul 2022 22:08:00 +0000 https://killerkash.com/ghc-healthcare-workers-seek-better-working-conditions/ Since 2020, about 65 people have quit their jobs at the center, a statement says. Workers in Sault Ste. Marie Group Health Center claim that the quality of care will decrease without improving their working conditions. According to the press release, salaries do not match other health care agencies in the area. The problem was […]]]>

Since 2020, about 65 people have quit their jobs at the center, a statement says.

Workers in Sault Ste. Marie Group Health Center claim that the quality of care will decrease without improving their working conditions.

According to the press release, salaries do not match other health care agencies in the area. The problem was exacerbated by a three-year wage cap imposed on workers by the Ford government through Bill 124.

In addition, employees have not received the pandemic payment provided to other healthcare workers.

The statement also said that since 2020, nearly 65 people have left their jobs at the center.

For more information, read the press release below:

Workers in Sault Ste. Marie Group Health Center warn that without improving their working conditions, the quality of care will decline at the center, which provides health services to most residents of Sault Ste. Residents of the districts of Marie and Algoma.

“We are all immensely proud to work in the Sault Ste. Marie Group Health Centre, especially given its history as a model for public health care. But the reality is that working conditions have deteriorated, and this is hurting morale and the quality of care. At the root of the problem is the centre’s inability to attract and retain staff,” said Melinda Genys, president of the Canadian Union of Public Employees (CUPE) Local 894, which represents workers at the centre.

Salaries are not competitive with other healthcare agencies in the area. The problem is compounded by the three-year wage restraint imposed on center workers by the Ford government with Bill 124. On top of that, they have been denied pandemic pay given to other healthcare workers. front line.

Since 2020, approximately 65 people have left their jobs at the center. This has increased pressure on the remaining staff, as the center struggles to attract licensed practical nurses, administrative support staff and ultrasound technicians to meet the demand for services. It has also resulted in an increased workload and less time for staff to respond to patient needs.

“There is a real problem in our province in health care where funding and salaries have lagged inflation for years. We’re all doing our best to make things work, but we can’t keep the healthcare system together by willpower alone. We need a fair deal from the Group Health Center in order to attract and retain workers so that we can continue to provide quality care,” said Genys.

The Sault Ste. The Marie Group Health Center was founded in 1963 by local members of the United Steelworkers. Today, it provides health services to more than 70,000 people in the region.

CUPE Local 894 members include administrative support staff, licensed practical nurses, medical technologists and technicians, respiratory therapists and physiotherapists, social workers, dietitians and many more in clinics and offices of Sault Ste. Mary neighborhood.

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General Mills Inc (NYSE:GIS) announced it would increase its dividend to $0.54 https://killerkash.com/general-mills-inc-nysegis-announced-it-would-increase-its-dividend-to-0-54/ Sat, 02 Jul 2022 12:40:13 +0000 https://killerkash.com/general-mills-inc-nysegis-announced-it-would-increase-its-dividend-to-0-54/ GeneralMills, Inc. (NYSE: GIS) The dividend will increase on August 1 to $0.54, with investors receiving 5.9% more than last year. Based on the announced payout, the dividend yield for the company will be 2.7%, which is fairly typical for the industry. See our latest analysis for General Mills General Mills payment has strong revenue […]]]>

GeneralMills, Inc. (NYSE: GIS) The dividend will increase on August 1 to $0.54, with investors receiving 5.9% more than last year. Based on the announced payout, the dividend yield for the company will be 2.7%, which is fairly typical for the industry.

See our latest analysis for General Mills

General Mills payment has strong revenue coverage

We like to see a healthy dividend yield, but that only helps us if the payout can continue. The last dividend was quite easily covered by the profits of General Mills. This means that a large portion of his income is kept to grow the business.

Over the next year, EPS is expected to fall by 11.4%. If the dividend continues on the path it has been on recently, we estimate the payout ratio could be 53%, which is comfortable for the business to continue in the future.

NYSE: Historic GIS Dividend July 2, 2022

General Mills has a strong track record

Even over a long history of paying dividends, the company’s distributions have been remarkably stable. The dividend increased from US$1.22 in 2012 to the last annual payment of US$2.04. This means that it increased its distributions by 5.3% per year during this period. Companies like this can be very valuable in the long run, if the decent growth rate can be maintained.

General Mills could increase its dividend

Some investors will be eager to buy some of the company’s stock based on its dividend history. It is encouraging to see that General Mills has increased its earnings per share by 9.9% per year over the past five years. With earnings per share growing at an acceptable pace and a balanced payout policy, we believe the company is well positioned to grow earnings and dividends going forward.

General Mills looks like a big dividend stock

Overall, we think it could be an attractive income stock, and it’s only getting better by paying a higher dividend this year. The company generates a lot of cash, and the earnings also quite easily cover the distributions. If earnings fall over the next 12 months, the dividend could be shaken up a bit, but we don’t think that should cause too much of a problem in the long run. All of these factors taken into account, we believe this has strong potential as a dividend-paying stock.

Investors generally tend to favor companies with a consistent and stable dividend policy as opposed to those with an irregular one. Meanwhile, despite the importance of dividend payouts, these are not the only factors our readers should be aware of when evaluating a company. For example, we chose 1 warning sign for General Mills that investors should be aware of before committing capital to this security. Isn’t General Mills quite the opportunity you’ve been looking for? Why not check out our selection of the best dividend stocks.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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Here’s exactly what it takes to boost your Social Security by $100 a month https://killerkash.com/heres-exactly-what-it-takes-to-boost-your-social-security-by-100-a-month/ Fri, 01 Jul 2022 09:05:00 +0000 https://killerkash.com/heres-exactly-what-it-takes-to-boost-your-social-security-by-100-a-month/ Social Security provides a vital financial resource in retirement. But for most retirees, that’s not a big deal. The average monthly Social Security payment to retirees is just $1,620. It’s not enough for most people to live on. However, there are several things you can do to increase your Social Security benefits, and not all […]]]>

Social Security provides a vital financial resource in retirement. But for most retirees, that’s not a big deal. The average monthly Social Security payment to retirees is just $1,620. It’s not enough for most people to live on.

However, there are several things you can do to increase your Social Security benefits, and not all of them are as difficult as you think. Below, we’ll look at three different ideas that you can use alone or in tandem to help you get a bigger Social Security check each month.

1. Increase your average monthly salary by $313 per month

The amount of your Social Security 3 benefit depends on your primary insurance amount, which in turn is determined by your income history. Specifically, Social Security looks at the 35 years you earned the most on an inflation-adjusted basis, then uses your work history to determine your average indexed monthly income. A primary insurance amount of $1,620 corresponds to an average monthly salary of just over $3,200.

Image source: Getty Images.

If the average benefit recipient wishes to increase the primary insurance amount – and therefore the monthly check at full retirement age – by $100, the average indexed monthly earnings must increase by $313. This would require raising a full-time salary from around $38,500 to nearly $42,250.

Those who expect to claim their Social Security before full retirement age need an even bigger pay rise. That’s because every dollar of extra income yields less of an increase in Social Security checks when you file an early claim — up to 30% less in some cases.

2. Work another 37 months

If you haven’t worked for 35 years in your career, the Social Security Administration simply puts zeros in the formula that determines your average lifetime earnings. If you work longer to complete a full 35-year earnings history, it can significantly increase your benefits.

For example, a person earning the equivalent of $42,250 per year would qualify for $1,620 in monthly benefits after working just under 31 years and 11 months. But if you keep working the extra three years and one month to have a full 35-year history, you’ll earn an extra $100 that goes toward your check. Again, this only applies if you are claiming at full retirement age, with earlier claims giving you less of a positive effect from your extra work.

3. Wait nine months to apply after reaching full retirement age

Finally, you can increase your Social Security retirement benefit by waiting longer before applying. For each year you wait beyond full retirement age, you increase your monthly payment by 8%. So to increase your benefits from $1,620 to $1,720, you would have to work about nine more months.

The effect of waiting longer if you intended to claim earlier may differ depending on your exact age at the time of claim. However, the results are generally similar to these, with added rewards for waiting a little longer before taking your Social Security checks.

Get as much as you can

None of these things are easy to do, and they all involve sacrifice. However, the payoff can be even bigger than just getting a bigger Social Security check. If you can increase your income by a small amount, it will also free up more money to put aside in retirement savings to supplement your social security. For most Americans, it’s the key to true financial independence, and it makes for a much more comfortable and secure retirement.

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Multibagger MNC Pharma stock sets record date to pay 400% final, debt-free dividend https://killerkash.com/multibagger-mnc-pharma-stock-sets-record-date-to-pay-400-final-debt-free-dividend/ Wed, 29 Jun 2022 09:22:04 +0000 https://killerkash.com/multibagger-mnc-pharma-stock-sets-record-date-to-pay-400-final-debt-free-dividend/ AstraZeneca Pharma Ltd will pay a 400% dividend Record date and ex-dividend date: The company’s board previously approved a 400% stock dividend earlier this year on May 26, 2022. The record date has been set for July 8, 2022 and the ex-dividend date is July 7. . According to the company’s BSE filing, “Following our […]]]>

AstraZeneca Pharma Ltd will pay a 400% dividend

Record date and ex-dividend date: The company’s board previously approved a 400% stock dividend earlier this year on May 26, 2022. The record date has been set for July 8, 2022 and the ex-dividend date is July 7. .

According to the company’s BSE filing, “Following our notification dated May 26, 2022, we wish to inform you that the record date to determine the shareholders’ right to payment of the final dividend for the financial year 2021-22 is May 8, 2022. July, 2022. The final dividend, if approved by shareholders, will be paid/sent to shareholders no later than September 6, 2022.”

AstraZeneca Pharma Ltd Share Outlook

AstraZeneca Pharma Ltd Share Outlook

The current market price of the share is Rs 2698 each with a 52 week high of Rs 3674.95 each and a 52 week low of Rs 2437 each. The stock’s PE is Rs 109, which is higher than the sector’s PE of 29.01. Compared to its peers, AstraZeneca has the highest PE TTM. The company has an ROE of 12.04%. It has an EPS of 24.64. It has a market capitalization of Rs 6712 crore.

Return: The stock gave a negative return of 25% in one year and a positive return of 193% in 5 years.

AstraZeneca Pharma Ltd Dividend History

AstraZeneca Pharma Ltd Dividend History

AstraZeneca has declared a 500% stock dividend amounting to Rs 10 per share for the year ending March 2022. The dividend yield is 0.37 if the current market price of Rs 2698 is taken into account . The company has a good dividend track record and has declared no-fault dividends for the past 5 years. On May 26, 2022, it had declared a 400% stock dividend amounting to Rs 8 per share.

Introducing AstraZeneca Pharma Ltd

Introducing AstraZeneca Pharma Ltd

The company reported a 14% increase in QoQ revenue growth to Rs 235 crore, the highest in 3 years. AstraZeneca Pharma India Limited (AZPIL) is the operating company and covers the company’s manufacturing, sales and marketing activities in India. It is a listed company and a subsidiary of AstraZeneca Plc, UK. According to its website, it has more than 1,400 employees across the country who are committed to delivering life-changing medicines to patients through innovative science and global excellence in development and commercialization.

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Russian-Ukrainian War News: Live Updates https://killerkash.com/russian-ukrainian-war-news-live-updates/ Mon, 27 Jun 2022 09:50:25 +0000 https://killerkash.com/russian-ukrainian-war-news-live-updates/ A Ukrainian soldier in Sievierodonetsk last week.Credit…Oleksandr Ratushniak/Reuters LVIV, Ukraine — Days after Ukrainian officials confirmed their forces had withdrawn from the devastated industrial city of Sievierodonetsk, the city’s exiled mayor on Monday painted a grim picture of life for those left behind- low, in an eastern pocket where Russian forces have focused their attention […]]]>
Credit…Oleksandr Ratushniak/Reuters

LVIV, Ukraine — Days after Ukrainian officials confirmed their forces had withdrawn from the devastated industrial city of Sievierodonetsk, the city’s exiled mayor on Monday painted a grim picture of life for those left behind- low, in an eastern pocket where Russian forces have focused their attention in recent weeks.

“There is no good news that I can share with you,” Mayor Oleksandr Striuk told a morning news conference as he described a Russian-occupied city battered and in places flattened. by artillery fire.

About 7,000 to 8,000 civilians, out of a pre-war population of 160,000, were still in the city when it fell to Russian forces on Friday, Striuk said, based on information from sources still inside. Their humanitarian situation is dire, with razed infrastructure and a shortage of drinking water and food.

About 90% of the city’s buildings were destroyed, Ukrainian officials said earlier.

The Ukrainian forces retreated west towards Lysychansk, the twin town on the opposite bank of the Siversky Donets River. But with no bridges still standing, they had to use whatever materials they could find in Sievierodonetsk to retreat, Striuk said.

He and other local officials were forced to flee elsewhere in Ukraine when the situation deteriorated. Those who remain will likely only be allowed to evacuate to Russian-held towns, as has been the case in other captured areas.

There was some symbolic importance attached to Sievierodonetsk, the mayor acknowledged, and it had become a regional administrative center in Luhansk province after pro-Russian separatists seized part of the region in 2014.

He also said Russian forces were now likely to focus their efforts on Lysychansk, the last town of Luhansk to remain in Ukrainian hands.

After abandoning their thwarted attempt to take Kyiv early in the war, Russian forces sought to claim full control of Donbass, the eastern region containing the provinces of Lugansk and Donetsk where their separatist allies already held territory.

On Monday, Serhiy Haidai, the governor of Luhansk, called on civilians to evacuate Lysychansk, calling the situation “very difficult”.

“Due to the real threat to life and health, we call for an immediate evacuation,” he said in a message on the social messaging app Telegram. “Run away and your loved ones. Take care of the children. Be sure that you will be supported in evacuation cities on the territory of Ukraine.

The Ukrainian army general staff said in a statement on Monday that Russian forces were trying to blockade Lysychansk from the south, with artillery support, and shelling civilian and military infrastructure in the area.

Even after the Ukrainian withdrawal from Sievierodonetsk, the Russian assault in the east did not slow down. Russian troops launched 20 strikes against 12 settlements in Donetsk province from Sunday to Monday, causing civilian casualties, according to a Telegram message from the Ukrainian National Police.

Much of Ukraine, even western and northern regions that had escaped the worst of the fighting in recent weeks, remained on edge Monday after tensions were heightened by a sudden escalation in strikes in Kyiv and in other regions over the weekend.

Dozens of rockets were fired from Belarusian airspace towards Kyiv and the surrounding region, and at least one person was killed in the city.

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Hong Kong Court of Final Appeal Confirms ‘Leverage’ Satisfies ‘Benefit’ Requirement for Liquidation of Foreign Companies https://killerkash.com/hong-kong-court-of-final-appeal-confirms-leverage-satisfies-benefit-requirement-for-liquidation-of-foreign-companies/ Fri, 24 Jun 2022 01:00:49 +0000 https://killerkash.com/hong-kong-court-of-final-appeal-confirms-leverage-satisfies-benefit-requirement-for-liquidation-of-foreign-companies/ June 24, 2022 Click for PDF The Hong Kong Court of Final Appeal (the “CFA”) [1] recently confirmed that for the purpose of the liquidation of foreign companies in Hong Kong, the requirement that the liquidation should benefit the petitioner may include commercial pressure (in other words, leverage) to obtain repayment of an undisputed debt. […]]]>

June 24, 2022

Click for PDF

The Hong Kong Court of Final Appeal (the “CFA”) [1] recently confirmed that for the purpose of the liquidation of foreign companies in Hong Kong, the requirement that the liquidation should benefit the petitioner may include commercial pressure (in other words, leverage) to obtain repayment of an undisputed debt.

The CFA’s reaffirmation of the thresholds required for the tribunal to exercise jurisdiction, and in particular its clarification regarding the benefit requirement, is welcome. It demonstrates the court’s desire to adopt a pragmatic approach to assess whether it would be useful to examine a motion for liquidation against a foreign company.

1. Factual and Historical Background to the Proceedings in the Hong Kong Courts

The appellant was a PRC company listed in Hong Kong, and the appellant and the respondent entered into a joint venture agreement. Following a dispute that resulted in an arbitration award against the Appellant, the Respondent served the Appellant with formal notice of the debt due under the award. The Appellant did not pay any part of the sums claimed and sought an injunction to prevent the Respondent from bringing a petition for liquidation as a creditor.

The appellant’s case was that the respondent could not satisfy the three basic requirements for the court to exercise its jurisdiction to liquidate a foreign incorporated company when it is unable to pay its debts. The Appellant did not admit that the 2nd condition was met, namely whether the liquidation order would benefit the Petitioner. In particular, it did not accept that leverage (i.e. commercial pressure to obtain repayment of an uncontested debt) can satisfy the 2nd requirement, since no benefit arises. “as a result of the pending winding-up order”but rather, would only be realized “if the winding-up order is rescinded or cancelled”.

At the Court of First Instance, the judge ruled that the leverage effect created by the prospect of a liquidation request constitutes a sufficient advantage for the plaintiff for the purposes of the 2nd condition. The Court of Appeal upheld the judge’s decision that there was “real possibility of profit” for the petitioner to issue a winding-up order against the appellant.

2. Nature of the three conditions for the liquidation of companies incorporated abroad

The three “basic requirements” previously approved by the CFA [2] which must be satisfied before a Hong Kong court can exercise jurisdiction to wind up a foreign incorporated company are as follows:

  1. There must be a sufficient connection with Hong Kong;
  2. There must be a reasonable possibility that the liquidation order will benefit those who apply for it; and
  3. The court must be able to exercise its jurisdiction over one or more persons in the distribution of the company’s assets.

The CFA noted that the three requirements do not arise from statutory provisions and should not be addressed by the ordinary rule of statutory interpretation. Rather, they are self-imposed judicial restrictions on the court’s exercise of jurisdiction (discretion) but not on the existence of jurisdiction (which is entirely statutory). The CFA therefore considered that it would be more appropriate to qualify these requirements as “threshold requirements” rather than “basic requirements”.

3. “Benefit” under the 2nd threshold requirement

3.1. General nature of the “benefit” under the second threshold requirement

The CFA ruled that a “pragmatic approach” should be adopted to assess whether it would be useful to consider a petition for liquidation in respect of a foreign company. While the benefit available to claimant creditors varies on a case-by-case basis, the CFA made the following observations:

  • There is no doctrinal justification for narrowly limiting the relevant benefit to the distribution of assets by the liquidator on the liquidation of the company;
  • It is sufficient that the benefit accrues solely to the claimant;
  • Nor is there any doctrinal justification requiring that the relevant benefit come from the patrimony of the company;
  • There are cases where, even if there was nothing for the liquidator to administer, the courts have found no difficulty in finding an advantage as long as a useful purpose serving the legitimate interest of the claimant can be identified;
  • The benefit need not be monetary or tangible in nature; and
  • The fact that a similar result can be obtained by other means does not exclude that a particular advantage can be invoked.

3.2. Leverage as a legitimate advantage

With that “pragmatic approach” looking for benefit in mind, the CFA found leverage to be a relevant benefit as it is an appropriate focus for a creditor’s liquidation petition. The advantage derives from the invocation of judicial liquidation proceedings. In concluding that leverage is a legitimate advantage, the CFA also made a few observations:

Undisputed/disputed debt

The distinction between contested debt and uncontested debt is important. The filing of a liquidation petition, where the debt is disputed, may constitute an abuse of court process since there is often a real and substantial dispute of the facts.

Legal request mechanism

In addition, the CFA observed that the legal request mechanism [3] offers creditors a convenient method to seek repayment of an undisputed debt by filing a petition for liquidation. Failure to comply with the legal injunction constitutes conclusive proof of the company’s inability to pay its debts (regardless of whether the company is, in fact, insolvent) for the purposes of establishing the jurisdiction of the court to grant a liquidation order, and the CFA observed that the case law recognizes the merits of using a liquidation petition as a means of exerting commercial pressure to obtain payment of an uncontested debt. Thus, there is no reason to exclude leverage as a relevant benefit under Requirement 2.

“Real” leverage

The CFA also argued that the leverage must be “real” and that its magnitude depends on the potential impact of a winding-up order. When the foreign company has no incentive to avoid a liquidation order, there is not much leverage. However, in this case, the leverage effect stemmed from the negative consequences on the listing of the foreign company that the court deemed real and significant.

4. Courtesy Argument: Forum Conveniens only a factor but not a requirement

The Appellant also raised another courtesy argument arguing that the liquidation of a foreign company is only justified when the court of incorporation cannot fulfill its function making it necessary to “fill the gap”. The FCA observed that the appellant was attempting to impose an additional requirement for the court to exercise jurisdiction and concluded that if a sufficient nexus is established under the 1st requirement, any such forum conveniens The issue should be only one factor (rather than an essential requirement) that the court can consider in deciding whether a winding-up order should be made.

5. Closing

It is clear from the CFA judgment that for the purposes of the liquidation of foreign companies in Hong Kong, the 2nd condition that the liquidation must benefit the claimants may include commercial pressure to obtain repayment of an uncontested debt.

On the other hand, the CLF also usefully specifies that if the judge is ready to adopt a pragmatic approach, any leverage effect must be real and significant and that contrary to the opinion of the Court of First Instance, any moderation of this 2nd requirement is not appropriate.

___________________________

[1] Shandong Chenming Paper Holdings Limited v Arjowiggins HKK 2 Limited [2022] CFA 11. A copy of the judgment of the Court of Final Appeal is available here. The judgment of the Court of Appeal ([2020] HKCA 670) is available here. The judgment of the Court of First Instance (HCMP 3060/2016) is available here.

[2] In Kam Leung Sui Kwan vs. Kam Kwan Lai (2015) 18 HKCFAR 501, more commonly known as the “Yung Kee” Case.

[3] Section 327(4)(a) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap.32). Under this article, a company is deemed unable to pay its debts if the company has not responded satisfactorily to a creditor’s written demand (by way of payment or otherwise) after 3 weeks of service.


Gibson Dunn attorneys are available to answer any questions you may have regarding these developments. Please contact the Gibson Dunn lawyer you usually work with, or the following authors and lawyers in the firm’s Hong Kong Litigation Practice Group:

Brian Gilchrist (+852 2214 3820, bgilchrist@gibsondunn.com)
Elaine Chen (+852 2214 3821, echen@gibsondunn.com)
Alex Wong (+852 2214 3822, awong@gibsondunn.com)
Rebecca Ho (+852 2214 3824, rho@gibsondunn.com)

© 2022 Gibson, Dunn & Crutcher LLP

Publicity for Lawyers: The attached materials have been prepared for general information purposes only and are not intended to provide legal advice.

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Gig Workers access real-time disbursements https://killerkash.com/gig-workers-access-real-time-disbursements/ Wed, 22 Jun 2022 08:02:21 +0000 https://killerkash.com/gig-workers-access-real-time-disbursements/ The gig economy is a changing landscape where worker retention is becoming an issue. It is also an ideal use case for instant and real-time payments. Real-time payments cure a host of ills in a major gig industry that today includes carpool and food delivery drivers, restaurant servers, cleaning crews and a swarm of self-employed […]]]>

The gig economy is a changing landscape where worker retention is becoming an issue. It is also an ideal use case for instant and real-time payments.

Real-time payments cure a host of ills in a major gig industry that today includes carpool and food delivery drivers, restaurant servers, cleaning crews and a swarm of self-employed workers who get paid by the task, by the route or by the delivery and want their wages now.

With surveys revealing that only 15% of America’s estimated 59 million workers have cash on hand for an emergency, and given that 29% have taken out expensive payday loans in the past year, that’s a disruptive space with real-time payments and early access salary solutions.

On managed disbursement platform Onbe, Chief Financial Officer (CFO) Brian Levin told PYMNTS: “When you [think of] the 15% of people who pay for access to cash or take out payday loans or other ways to access funds faster, these are expensive solutions. »

It goes both ways, with gig workers paying to get their income faster and gig platforms paying to deliver salaries through legacy means. So payment becomes not just a hassle, but a two-headed cost monster, frustrating site workers and squeezing margins for employers.

“The pain points that we’re allowing to remove are connectivity to these time systems, these record keeping systems, and giving them the reports to enable them to reconcile and track what people owe and what people have been paid,” said Lévin.

“Where we can get faster payments to the recipient through some of our technologies is through real-time payments,” he added. “It’s like dispersing funds over a non-payment cycle, providing access and integrating with time tracking or registered timekeepers, giving them the tools to disperse funds” faster, at lower cost and with the digital flexibility of the gig economy. on.

See also: The Expanding Payments Choice Handbook

Scaling fast payments, reducing costs

Knowing that payday loans and similar form factors like checks are expensive and time-consuming to distribute and reconcile is a disruption that is headed in the wrong direction.

But it doesn’t have to.

“We can offer them a technologically forward-looking solution that gives them faster access to their funds, through early access to salaries or faster access to real-time payments,” Levin said.

In addition to speed and access, this approach provides choice, and that’s essential.

“Choice is the ultimate ubiquitous way to get paid, right?” he said. “If you want to take control of your money, you want to have choice over how you access that money.”

If you don’t offer this payment choice to construction workers who often have active relationships with more than one platform, that driver or freelancer will simply move on to the next construction site. With 11 million jobs now open in the United States and the so-called “Great Resignation” underway, retaining the loyalty of reliable workers is all about the money.

“There is no vacation time,” he said. “There is no sick time. They are contractors. Money really is the driving force, and [over] 80% of decision making for some of these construction workers is based on money.

Hence the need for real-time labor payment solutions that give on-demand workers options to access not only earned wages, but also early access to wages they don’t have. not yet generated.

Those who offer choices reap the benefits.

“One of the things that real-time payments and payment tools and choice specifically helps is not just giving [workers] an off-cycle salary, giving them access to that salary more quickly, but also becoming more loyal to that supplier,” Levin said. “Now they not only have access to their salary faster, to different modalities with choice, but also to a cheaper solution, a safer solution and a faster reception of this money. This makes it possible to retain the sponsoring company.

Read also: How Grubhub Leverages Instant Payments to Improve Driver Satisfaction

Disturbance with a Difference

Delivering payment is a challenge, but it comes with other parts of the real-time package, like messaging and the crucial details that come with irrevocable real-time payments.

And it goes beyond that with a host of issues related to securely sending and receiving real-time payments with a non-traditional workforce that requires quick and smart solutions.

With Onbe’s capabilities in virtual accounts, physical and virtual cards, same-day automated clearing house (ACH), push to bank account, push to debit, as well as premium currency conversions for cross-border payments, “all of these choices give real-time access to funds, off-cycle if needed, but also give the partner business the ability to get closer through reporting and lower their costs to support payments,” Levin said.

Eliminating much of the back-office work and increasing visibility with reporting tools and reconciliation tools helps companies pay on-demand workers faster, securely, and accurately. It’s the real-time win-win for the platforms and the workers they rely on.

And it’s this optimal scenario of disruption that’s truly a good thing, radically modernizing yesterday’s payment terms to align with the realities of the gig workforce.

“With any integration, there’s an opportunity,” Levin said. “That’s where we use what we’ve built in a scalable way, we’ve built it to enable the [application programming interface (API)] connectivity and system connectivity for efficient migration, or to enable efficiencies through conversion. »

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NEW PYMNTS DATA: THE CUSTOM PURCHASING EXPERIENCE STUDY – MAY 2022

About: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience report, a collaboration with Elastic Path, shows where merchants are succeeding and where they need to up their game to deliver a personalized shopping experience.

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Every time Johnson has a problem, he calls Zelenskiy – and the bill quickly mounts | Simon Jenkins https://killerkash.com/every-time-johnson-has-a-problem-he-calls-zelenskiy-and-the-bill-quickly-mounts-simon-jenkins/ Mon, 20 Jun 2022 17:55:00 +0000 https://killerkash.com/every-time-johnson-has-a-problem-he-calls-zelenskiy-and-the-bill-quickly-mounts-simon-jenkins/ OWhat do you do when you’re in big trouble? Boris Johnson has had enough, but does he consult his chief whip, his political aides, his secretaries or his wife? Curiously, he turns to someone who has even more problems than himself, Ukrainian President Volodymyr Zelenskiy. Last Wednesday, the Prime Minister suffered the humiliating departure of […]]]>

OWhat do you do when you’re in big trouble? Boris Johnson has had enough, but does he consult his chief whip, his political aides, his secretaries or his wife? Curiously, he turns to someone who has even more problems than himself, Ukrainian President Volodymyr Zelenskiy.

Last Wednesday, the Prime Minister suffered the humiliating departure of his so-called “ethics” adviser, Lord Geidt. Johnson was facing a critical meeting with Northern MPs ahead of the upcoming Wakefield by-election. He was a three-line whip: nowhere was his presence more vital to boosting morale and finding votes. Yet shortly after Geidt’s statement, Johnson canceled his ticket to Yorkshire in favor of a ticket across Europe deep into Ukrainian territory. He clearly and desperately needed the hug and consoling conversation of his friend Zelenskiy. Putin’s dodging and weaving of missile batteries clearly has nothing to do with the cluster munitions of a group of Conservative backbenchers.

Diary i’s research revealed that these sudden clashes with Zelenskiy coincided precisely with Johnson’s most acute moments of embarrassment. On June 6, Sir Graham Brady announced that Tory MPs were ready to vote for the leadership of their party. Within three hours, Johnson was on the phone with Zelenskiy. A month earlier, on May 5, the day of the disastrous local election, Johnson had sought solace from the same source. On April 30, news of MP Neil Parish’s resignation was devastating. Johnson called Kyiv. On April 23, news broke that the Met was issuing fines for a bring your own bottle lockdown party in Downing Street. Johnson called Kyiv. On April 16, when the UN undermined the Rwandan plan, Johnson called Kyiv. On April 12, Johnson was fined by the Metropolitan Police for Partygate and he called Kyiv. Was it really to discuss strategy in the Donbass? Surely it was just a celebrity shoulder to cry on and a good news headline.

One wonders what the hell they are talking about. Is Johnson arguing that Vladimir Putin should be absolute cinch compared to his Keir Starmer? Are they discussing peace in our day or what they had for tea? All we know is that on almost every occasion Johnson talks through the air about another slice of British taxpayers’ money for Ukraine. This has to be the most expensive psychotherapy session in history.

Of course, all of these calls may be pure coincidence. All leaders need guidance and comfort, and often find it in special places. Churchill had his Normanbrook, Thatcher his Whitelaw, Blair his Mandelson. As he prepared for his duties, Johnson dismissed all plausible sources of impartial advice, relying on the unreliable Dominic Cummings. Today, he seems to rely on an inexperienced wife and Ukrainian comedian-turned-leader, supposedly having time to kill to assuage Johnson’s domestic woes, as opposed to the more pressing concerns of confronting a bloodthirsty invader.

Johnson has clearly fallen back on the last resort of any struggling leader, whether autocrat or Democrat, which is to find a good war. Starting a war saved his predecessor Thatcher, and fighting one made his idol Churchill’s reputation. Perhaps we should be thankful that Johnson didn’t throw one of his own. Instead, he hijacked someone else. Is this really the best he can do?

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NECAC offers assistance with summer utility bills https://killerkash.com/necac-offers-assistance-with-summer-utility-bills/ Fri, 17 Jun 2022 09:00:00 +0000 https://killerkash.com/necac-offers-assistance-with-summer-utility-bills/ The North East Community Action Corporation (NECAC) reminds residents that the summer leg of the Energy Crisis Response Program began June 1. NECAC still has over $1.4 million in funding. Applicants must meet the income criteria, be the person responsible for the bill and have financial resources of $3,000 or less. Applications can be submitted […]]]>

The North East Community Action Corporation (NECAC) reminds residents that the summer leg of the Energy Crisis Response Program began June 1.

NECAC still has over $1.4 million in funding. Applicants must meet the income criteria, be the person responsible for the bill and have financial resources of $3,000 or less.

Applications can be submitted online or in person at NECAC service centers in each of the 12 counties. The monthly income limit for a one-person household is $2,211. For a residence for four people, it’s $4,252. Additional guidelines are available upon request.

The program is funded by the U.S. Department of Health and Human Services and is distributed by the Missouri Department of Human Services, which then contracts with NECAC and Missouri’s 18 other community action agencies to administer the service. . Last summer, NECAC helped 1,692 households.

Also, the winter crisis part of the program is over, but there is still money left. NECAC may promise a portion of the Home Energy Assistance Program funding for low-income households if the household has not applied for these funds since October 1, 2021.

More information is available by calling 573-324-0120 or contacting the NECAC Warren County Service Center, 120 E. Main, Warrenton, 636-456-8191.

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Live updates: US retail sales fall for the first time in 5 months as auto purchases fall https://killerkash.com/live-updates-us-retail-sales-fall-for-the-first-time-in-5-months-as-auto-purchases-fall/ Wed, 15 Jun 2022 13:40:25 +0000 https://killerkash.com/live-updates-us-retail-sales-fall-for-the-first-time-in-5-months-as-auto-purchases-fall/ Whitbread UK comparable accommodation sales increased 21.% in the three months to June 2 compared to the same period in 2019 © Bloomberg Whitbread sales beat expectations as the UK’s largest budget hotel operator pulled business from the squeezed independent sector, while sales in its home market were particularly buoyant. Comparable accommodation sales in the […]]]>

Whitbread UK comparable accommodation sales increased 21.% in the three months to June 2 compared to the same period in 2019 © Bloomberg

Whitbread sales beat expectations as the UK’s largest budget hotel operator pulled business from the squeezed independent sector, while sales in its home market were particularly buoyant.

Comparable accommodation sales in the UK were up 21.3% in the three months to June 2 compared to the same period in 2019, before the pandemic hit, the Premier Inn owner said. Compared to last year’s confinement period, they have more than tripled.

Shares of Whitbread rose nearly 4% at the start of trading in London on Wednesday, reducing the decline for the year to 11%.

Premier Inn’s recovery “continues to be ahead of expectations”, chief executive Alison Brittain said on Wednesday, with the hotel chain “significantly” outperforming the market.

Brittain attributed part of the improved performance to the “accelerating contraction of independent supply”.

Total accommodation sales were 27.2% higher than industry rivals, while UK food and drink sales approached pre-coronavirus levels, the statement said.

“This impressive performance in the first quarter, coupled with improved visibility into the second quarter, gives us added confidence to deliver a strong first half and stay ahead of the market for the rest of the year,” Brittain said.

Shore Capital analyst Greg Johnson said Premier Inn had been buoyed by particularly strong demand in London.

A consumer-driven recession looming this year could hamper the improving sales trend, however, he warned.

Also Germany, where Whitbread has expanded, has exceeded expectations in the past two months as the country emerges from lockdown restrictions.

“We are optimistic about the improving outlook for the full year in Germany,” the statement added. “There is no change in our view of the medium to long-term value creation opportunity for Premier Inn in Germany.”

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