Paycards: Generational Trends Shaping the Future Of Worker Pay
30th Annual Northwest Regional Conference September 20th 2018
As the landscape of buying and selling changes with the introduction of new technologies and systems, the way people view the exchange of money for workforce compensation is also changing rapidly. As younger workers enter the workforce they are bringing their digitally native ways with them, including their new financial needs and behaviors. Millennials and Generation Z workers (who are now up to age 21) are tremendously influential segments of the workforce—growing in knowledge, confidence, and independence every day. Understanding the needs of these two huge generations of workers is critical to organizations attracting and retaining these large, diverse, new workforces who combined are the largest segment of workers in the U.S.
This national study reveals hidden habits, perceptions, and preferences of American workers when it comes to money and pay. Understanding the perceptions and attitudes of the youngest members of the workforce is vital to a company wanting to remain at the forefront of worker trends. Knowing the needs of this generation, including those related to pay, is vital to an organization.
George Mavrantzas joined the Global Cash Card team in September of 2009. He has over 20 years in the prepaid industry with the last 14 years specifically in paycards. Prior to Global Cash Card, George held several senior level positions at firms including Powertel, T-Mobile, ITC Financial Services, & Incomm. He has worked in all facets of prepaid and paycard operations including but not limited to: Business Development, Project Management, Customer Service, Implementation, Relationship & Account Management, and Social Media Expansion.
As Vice President of Special Projects, George is responsible for delivering executive presentations, supporting & managing strategic channel partnerships, and contributing to executive decisions. In addition, George is a prolific speaker at a variety of industry events including at American Payroll Association Local Chapters and Statewide Conferences. George is a recognized expert in the prepaid industry, and is invited to speak at over 50 conferences a year to educate payroll professionals on the benefits of electronic pay. He is a member of the American Payroll Association’s National Speakers Bureau and also received the American Payroll Association’s Citation of Merit.
George is a graduate of the University of North Florida and resides in Jacksonville