Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

HR Technology

Cash America experiences a 43% reduction in employee turnover using PeopleAnswers

by Personnel Today 10 Sep 2009
by Personnel Today 10 Sep 2009

By replacing its traditional paper-based hiring process with online software from PeopleAnswers, Cash America’s employee turnover decreased by 43% compared to employees hired without PeopleAnswers.

Cash America International, Inc. provides specialty financial services to consumers in the United States, United Kingdom, and Mexico through the brand names of Cash America Pawn, SuperPawn, Cash America Payday Advance, Cashland, Mr. Payroll, and Prenda Fácil, as well as the Internet portals of CashNetUSA.com and QuickQuid.co.uk.

PeopleAnswers worked closely with Cash America to compile employee performance metrics for targeted positions. PeopleAnswers analyzed this employee data, as well as their results on the PeopleAnswers assessment, to provide hiring managers with a blueprint for selecting job candidates most likely to perform well as Customer Service Representatives and Shop Managers.

Upon completion of a two-year employment study, turnover rates of employees hired using the PeopleAnswers tool stood in stark contrast to those hired through traditional paper applications. Leveraging the tool’s predictive ability to identify better hires, Cash America anticipates that the use of PeopleAnswers will save $1.2 million over two years through cost reductions in hiring and training in these two positions alone.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

Ira Grossman, Vice President of Operations at PeopleAnswers, says Cash America’s desire to identify the best candidates is one many companies share but few execute effectively. “Cash America took a focused approach and did not waiver to ensure that the employees behind the counters of every Cash America are the right fit to operate as the face of the business in consumer interactions. Managers and customer service reps are the conduits for money lending, inventory purchases, and the handling of multiple cash transactions with accuracy and integrity, all of which are activities vital to corporate profitability.”

 

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

previous post
Employee engagement is key to post-recession growth according to major companies
next post
City traders sue Dresdner Kleinwort for million-pound bonuses

You may also like

Fall in entry-level jobs linked to rise of...

30 Jun 2025

Only a third of recruiters receive high-quality job...

20 Jun 2025

How to overcome loneliness in the digital workplace

9 Jun 2025

ICO strategy to examine use of AI in...

5 Jun 2025

Preparing for a new era of workforce planning...

3 Jun 2025

CIPD appoints expert in AI to boost support...

8 May 2025

M&S pauses hiring as it deals with cyber...

2 May 2025

Quarter of employees worried AI will threaten jobs...

28 Apr 2025

Google concerned by slow AI take-up in UK

25 Apr 2025

HR teams build AI use but seek more...

14 Apr 2025

  • Empowering working parents and productivity during the summer holidays SPONSORED | Businesses play a...Read more
  • AI is here. Your workforce should be ready. SPONSORED | From content creation...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+