Its similar to Upwork as you can get paid to do just about any task where the completed work can be delivered electronically. We have a dedicated leader for this initiative, with dozens of cross-functional teams inside of WEX who are focused on execution and has the full support of me and my entire management team. You must be able to transcribe audio recordings into a written copy. If so, Boost Media will pay you to write ads that will be displayed in search engines and social media pages. Advertising and sponsorship policy | Advertising and sponsorship opportunities. OK. And then, just on your B2B payments business, I mean, as you had called out, I know with Flume and any progress what you're seeing with the SMB customers. Web106 Esthetician jobs available in King of Prussia, PA on Indeed.com. RN Clinical RN Jobs, Employment in Southeastern, PA Wex 1998-2023 Mayo Foundation for Medical Education and Research (MFMER). They're asking us for simplified solutions to manage their next fleet and are looking for a single card or app on a single credit line on a single data set, all managed and controlled through a single view. Purchase volume issued by WEX was $18.6 billion, which was an increase of 58% versus last year. You have the ability to set your own hours and your own rates! And so, it's been negative for a few quarters now. The benefits segment adjusted operating income margin was 39.1% compared to 29.3% in 2022. Revenue growth of 18% and adjusted earnings-per-share growth of 15% this quarter represents the eighth consecutive quarter these metrics each grew 15% or more. And so, we continue to look at assets, move assets through our pipeline, sort of the same rigor that we have historically. On the benefits front, we completed a very positive open enrollment season. Over 10,000 questions are posted daily, so you should have no problem bidding on a question to get paid. Next, let me turn to our operational improvement. Is it corporate payments? Let me start with an update on our electric vehicle initiatives. Hello, and welcome to the WEX Q1 2023 earnings call. Plus theres the opportunity to receive bonuses if you are an excellent tutor. So, all you have to do is tutor for two hours a week, and you get paid. We expect ANI EPS to be between $13.85 and $14.25 per diluted share. If you can make snazzy designs, CafePress can be a great creative outlet where you can get paid for your design skills. During the quarter, we repurchased approximately 525,000 shares of WEX stock for roughly $93 million, resulting in a small EPS benefit in the quarter. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Once again, you can offer your services on Rover to connect with local pet owners that will give their furry friends the love they need while they are away at work or traveling out of town. We brought in our chief digital officer, first time we've had one, a little over a year ago. Jak wczy auto bunnyhop? The elevated loss rate in the over-the-road trucking business that we have seen over the past two quarters are starting to abate. All you have to do is enter the ISBNs for each book, and Bookscouter will compare the buying prices from 35 different vendors. Web4,970 RN Clinical RN jobs available in Southeastern, PA on Indeed.com. So we're continuing to sell in the marketplace. Tien-Tsin Huang -- JPMorgan Chase and Company -- Analyst. And we'll continue to look at where should we build, where should we partner, where should we buy. We saw higher rates earned from a number of merchants due to renewals at favorable terms, the impact of interest rate escalator clauses contained in various merchant contracts and the rate impact from a reduction in fuel prices versus Q4. The quicker you work, the more HITs (tasks) you can complete each hour. OK. And also from a risk management standpoint, any change in operations, either on the benefit side or the corporate payment side, given all the cash flow activity that happens naturally there? Work From Home Jobs (NOW HIRING) ZipRecruiter So we should see these kind of interchange levels as we flow through the year. This compares to the national average owner/operator range of $105,000 to Some of that will impact 2024. Mayo Clinic is a not-for-profit organization and proceeds from Web advertising help support our mission. Web67 Work From Home Wex jobs available on Indeed.com. While you can do sessions online with a class for more money, nothing can replace face-to-face interaction when working with clients and helping them reach their health goals. From clerical assistance to website design and programming, there is a task for your skillset. You will get paid every Monday through PayPal after sending an invoice to Verblio with your accepted articles. Its free for writers to create a profile on Problogger. And so, we feel good about how we've gone through open enrollment, the combination of the products that we have in the marketplace, the distribution channels that we have. They were not a party to our credit facility nor counterparties to our hedging relationships. Please go ahead. With that, operator, please open the line for questions. Every session can be video based. Have you ever ordered from a third-party seller on Amazon or eBay? We have hundreds of customers that are using the product. If you would rather be a live chat representative, Needle is hiring people just like you to be a chat professional. This highlighted the ongoing transformation of our business as we discuss unifying product themes around data, payments and digitization. Hey, guys, congrats on the strong results and thanks for taking my question. You can get paid to complete a variety of tasks like entering the purchase amounts for scanned grocery receipts, taking surveys (mostly academic research), transcribing audio, and performing data research. So Ramsey, I mean, I think you asked a longer-term question. Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. Redeem points for prizes and entries in monthly sweepstakes. Usually, when you think of Amazon, you think of their many different ways to find some of the best online deals to save money shopping. If we could touch on the benefits segment for a minute, the account growth there obviously has been, strong mid-teens-type growth, and now you're adding the Midwest manager as well. This feedback has informed our electric vehicle strategy, which consists of giving fleet managers the tools to plan their energy transition, manage their vehicles in a mixed fleet environment and help ensure their EVs can be conveniently controlled and charged across a distributed environment. For a fresh approach on the phone-based jobs, you might decide to become an advocacy counselor with On Point at Home. Yes. At the same time, we've been moving aggressively to the cloud, which increases fleet to market of innovation and enhance scalability for our customers. I know there's seasonality to the yield likely, but maybe you could just help us think through that. According to Verblio, they are the only freelance writing platform to offer this incentive. With that, I'll turn the call over to Melissa. We lose less customers coming through but also at a lower cost. WebWork from home (WFH) policy at WEX Health What do employees think about the WFH policy at WEX Health? I mean, that's obviously impressive. We'd expect kind of normal seasonality going into Q2 and Q3 on the travel side. Invest better with The Motley Fool. Inside of mobility, I think you mentioned the slowdown in factoring revenue being a big driver of that finance and late fee yield. Even though many tasks have gone digital, some things still need to be completed in person. If one of your freelance gigs is writing or web research, you can double dip by performing your web searches through the Swagbucks search engine. This will give them the opportunity to make any changes or roll out an app update. You can also get paid to be a phone-based customer service rep. WEX Work From Home Jobs | Glassdoor This means you avoid payment delays, site fees, and lack of convenience. In terms of what we're seeing from a multiple perspective, there still is a disconnect between what we're seeing in private multiples and public multiples. An even more lucrative position is serving as an administrative assistant, where you have more responsibility but might not be doing as money cold calls. Yes. On top of that, within the mobility space, this conversion to EV, increasingly, we see this as an opportunity. Heres a bonus tip, create a Work with Me page that includes your email address so clients and websites can connect with you in addition to sending pitches to individual business owners. That's right -- theythink these 10stocks are even better buys. Mayo Clinic does not endorse any of the third party products and services advertised. I know both of you talked about a little bit, just the stresses on the banking system and all the banking turmoil and deposit activity, it sounds like you managed it well. You will help customers in the buying process for some of your favorite brands so they can find the best deals. Got it. Making the world smarter, happier, and richer. You can also request payment weekly, as the minimum payment amount is $1. Their part time jobs consist of simple tasks that, added up, make a big difference. Turning to our performance in the first quarter, revenue increased 18% year over year to $612 million. Most of the tasks only take a few minutes to complete. Got it. And then, what do we need to go get in the course of the year? Although, listing your services on Care.com can help connect you with other parents looking for a responsible sitter. All you have to do is answer seven questions within those ten minutes, and you earn $50 each time. Some examples of work you can do from the comfort of your own home include: For small business owners, the best way to connect with online clients is to create an online website (preferably hosted by BlueHost for $2.95 a month). And so, when we think about growth within that part of the business, it's a combination of growth from the existing customer base that we already have, ramping on the direct side and then continued benefit from the existing partners that we have in the marketplace. The Decluttr app lets you scan the barcode of unwanted DVDs and video games, or you can enter the serial number of your old phones and tablets. When you are working on a project, you will need to be available for at least 25 hours per week for two to twelve weeks at a time until the campaign is completed. *Stock Advisor returns as of April 24, 2023. To make the process easy, build an online store through Shopify. Your next question comes from the line of Tien-Tsin Huang of J.P. Morgan. As part of this initiative, we've been looking closely at a number of areas of our company using improved processes, data and technology. Like some of the other recommendations on this list, you can get paid to watch videos, take surveys, or play games for rewards points as well. There's been the ongoing slowdown in the freight industry with spot rates declining. WEX Health helps us accurately manage funding for FSAs and HSAs, and allows our employees to manage their own accounts. This income makes us less sensitive to interest rates of the company as the revenue offsets higher interest expense in other parts of the business and serves as a natural hedge. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. MTurk will pay you anywhere from a few pennies to several dollars per task. And we work across a number of different partners supporting them and growing their business and then also directly, and you can see the benefit of that coming through. Web12 Wex $150,000 jobs available in Anywhere Work From Home on Indeed.com. Web81 Wex jobs available in Work Anywhere From Home on Indeed.com. Andrew Jeffrey -- Truist Securities -- Analyst. And you also asked about rate. Explore insights about perks, benefits, and flexible hours. None of us enjoy working and not knowing when well be paid. The CDs, it's interesting, even in '08 when there was a real freeze in the banking marketplace, people moved money into the CD market, and so it's a really stable source of funding. Please go ahead. Is that a fair statement when we not only look across mobility, but just across WEX? There are no changes to what is included in each segment. Yeah. You can connect with clients from all over the world that want to hone their English language skills to improve their employment chances. And you can help answer any questions they might have as well. Participant Services Specialist, Work From Home (Remote) So there's a number of things that are really important to that customer base. We believe these new agreements will be a win-win for WEX and our network partners given the significant relationships we have [Inaudible] with the government and large fleet. Is there an ex EV opportunity, I don't know, internationally, and even in the U.S. ex EV, where are there still compelling opportunities in the market? Currently, there is a 90% acceptance rate. Another get paid to site like Swagbucks isInboxDollars. Tutor.com accepts tutors from a variety of academic backgrounds and accomplishments whether you are a college student, industry expert, or somewhere in between, you can be a paid tutor at Tutor.com. We had anticipated the trend of higher late fee rates that we saw at the end of last year to continue in Q1. We expect to reach our overall cloud goals later this year, allowing us to further leverage shared technologies across product set. Is it in benefits? But I wanted to understand how fast do these signings contribute to revenues? Swagbucks is one of the few all-inclusive platforms that lets you get paid for completing a variety of tasks. While you are an independent contractor, you can eventually earn a small share of the company. As you've seen our metrics, the net late fee rate was up slightly versus the prior year mostly as a result of the new ExxonMobil small business portfolio added late last year. Your next question comes from the line of Nik Cremo with Credit Suisse. Clickworker 9. WebWEX Inc.Work From Home, PA (Remote)Full-Time Apply on company site Job Details favorite_border Who Are We?We are the Health team at WEX. And then, we continue to have the assumption within our guidance that we'd have a slow growth environment in the second half of the year. Residencies & Fellowships (Allied Health), Intern - Undergraduate - Finance - Remote, Regional Service Representative - Arizona & Southern California, Senior Digital Analytics Engineer - CDH - Remote, Advertising and sponsorship opportunities. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. We signed one of the largest administrators of multiemployer benefit funds in the Midwest. Can you elaborate a little bit -- I guess, it's also on lines of M&A. To this end, our mobility team is currently expanding our DriverDash mobile app, which helps fleet find fueling locations on the go to include EV charging stations in Europe. And the team is focused on each of those areas. Mindswarms Writing And so, the people that were newer in business and smaller in size, we've had a very targeted issue within that part of the portfolio. As you tutor more students, your reputation ranking will increase, and Chegg will send more students your way. The custodial revenue from the invested HSA cash deposits is the primary driver of the increase in margin. WEX Credit Risk Analytics (Remote) Remote 30d+ $70K-$93K Per Year More broadly, as we drive our strategy of simplification and convenience in the EV space, the first phase of our EV product rollout is focused on en route charging. Most articles will be for websites that want SEO (search engine optimization of content) and will be on a variety of topics. As the pandemic eases and we look towards the future, Mayo will continue to support remote work for teams whose work is not reliant on campus resources. Related Article: How to Make Money Fast As A Woman. And just one follow-up question for Jagtar. Steve Elder -- Vice President, Investor Relations. The company offers large jobs to micro-tasking roles. The rest of it, I would largely expect to be recurring in nature. There are a variety of ways to find jobs to work from home and get paid at regular weekly intervals. Wex (WEX) Q1 2023 Earnings Call Transcript | The Motley That did not materialize, and overall, finance fee revenue was up only 3%, which includes a 33% slowdown in our factoring revenue, which is related to the freight market conditions I just mentioned. And we've talked about 25% to 30% growth for the year for the benefits segment. These challenges are experienced across many industry verticals and include personalizing employee benefits, navigating the complexity of mixed fleet interests and removing the friction caused by inefficient payment processes and systems. We also continue to benefit from a rebound in travel volume globally. Sure. Job If the answer is yes, chances are the seller never touched the product. The company is located in Kirkland, WA, but offers work-from-home jobs. You will make phone calls and written campaigns on business-based political issues, not social issues. We have $776 million of available borrowing capacity and corporate cash of $149 million as defined under the company's credit agreement at quarter end. The rest of the portfolio, some of the growth rates are slowing within same-store sales, and I talked about the fact that a lot of the benefit that we received in the quarter came from some of the larger customers. Yes. And so, our expectation right now is that we will continue to grow ex PPG, ex FX at our target growth rate of 4% to 8%. The top tutors earn at least $1,000 a month! I just wanted to thank everyone again for hanging with us as we go a couple of minutes long here, and we look forward to speaking with you again in about three months. Yes. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The leverage ratio, as defined in the credit agreement, stands at two and a half times, which is at the bottom end of our long-term target of two and a half to three and a half times. The local fleet customers in the U.S. continue to have marginally elevated loss rates compared to the last couple of years but are in a relatively normal range. Good morning. So how do we think about -- first of all, just if you could reiterate what's really driving that, what the strategy is for that business going forward and the kind of growth profile we can assume into the second half of the year, especially as this Midwest manager comes out as well. We are aware in monitoring what's happening within the marketplace. Is that where you see the largest future growth opportunity? Apply to Senior Clinical Nurse, Senior Nurse, Health Coach and more! Wex (WEX) Q4 2022 Earnings Call Transcript, WEX (WEX) Q3 2022 Earnings Call Transcript, WEX (WEX) Q2 2022 Earnings Call Transcript, WEX (WEX) Q1 2022 Earnings Call Transcript, WEX (WEX) Q4 2021 Earnings Call Transcript, Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. When we look at our deposit base and a lot of the banking turmoil that we've seen has been basically people worried about non-FDIC-insured deposits. Make some extra cash by selling your used books and textbooks on Bookscouter. Non-GAAP adjusted net income was $145.8 million or $3.31 per diluted share. Thank you. We currently have approximately 85% of our cloud migration completed. They are proud to offer jobs in line with their values of fair pay, inclusion, and well-being. As the banking industry cope with significant movement in deposit flows since the recent bank failures, our custodial HSA cash deposits and certificates of deposit have shown themselves to be extremely stable. Solution Engineer, Contact Center Conversational AI, Business Transformation Portfolio Manager, Sr Product Manager - Customer Data Platform (CDP), Head of Product & Solution Development - Electric Vehicles, Inside Sales Representative 1 - Own Quota, Sr. We have pipelines that are continuing to fill and feel good about the close rates we have this year, which will more largely impact revenue next year. Job offers are contingent upon successful completion of a post offer placement assessment including a urine drug screen, immunization review and tuberculin (TB) skin testing, if applicable. And that's split roughly evenly between HSA deposits and non-HSA deposits. Fraud losses in the segment, which we've spoken about a bit in prior quarters, were down 39% from Q4 of last year and continued to improve. On Upwork, you can connect with clients hiring immediately for many online jobs and tasks, including freelance writing, graphic design, data entry, customer service, computer coding, translation, legal services, or as a social media manager. And then, maybe you could just remind us what you guys are incorporating into the guidance? Strong quarterly revenue, paired with the scalability of our business model and a superior funding model, resulted in adjusted net income per diluted share of $3.31, an increase of 15% compared to the same quarter last year. It's also, if you look across the whole deposit portfolio, we have over 95% of our deposits are FDIC-insured. There has been significant improvement in these margins as volume accelerates. Our business model here is very strong and revenue drop-through for this segment is high given our relatively fixed cost base. Become a Virtual Assistant 7. At the end of the quarter, the total outstanding balance on our revolving line of credit, term loans and convertible notes was $2.7 billion. Web8 Wex Health jobs available in Remote on Indeed.com. Wex Jobs, Employment | Indeed.com So we -- this is something we watch closely, given the overall discussion about the macro economy. Can you discuss your 2023 growth expectations for travel-related revenue and corporate payments related revenue separately to arrive at the 7% to 11% guide? And that product itself, highly tech-enabled, really important that has strong uptime. Apply to Senior Client Manager, Product Manager, Director and more! The net interchange rate in the mobility segment was 1.21%, which is up 10 basis points from Q4 of last year. The drop shipper earns a small profit from each sale through this form of retail arbitrage. But even the construction trades within our portfolio were up a couple of percent. Think of that as a customer, typically someone who is highly sophisticated, is embedding an API payment stream within their workflow, and they are taking advantage of either our virtual card technology or other payment modalities. Owner/Operator Jobs in Philadelphia, PA (Hiring Now!) Given this more challenging fundraising environment, are you seeing more interesting opportunities on the M&A side? We've looked at a range of metrics around the banks we look at -- we work with, from what's the ratio of insured to uninsured deposits, credit default swaps, things like that, just to make sure that we're prudently managing money and moving it around where appropriate to banks that we're more comfortable with. This article is a transcript of this conference call produced for The Motley Fool. I mean, I know that this has been asked a bit, but I just want to understand a little bit more on the strategy of the business outside of the OTAs. Just within the -- changing the name to mobility solutions at this point, Melissa, just is there a deeper strategic meaning behind that? Make up to $50 per article at Online Writing Jobs. Eventually, you can become a co-owner of the company. We'll build on this launch by focusing on learnings and rapidly innovating our offering for U.S.-based customers. But we feel like we have a good foundation that we continue to build upon. And one of the things that we find interesting about that part of the business is it's also really resilient. Good results here. Josh has also been a regular contributors to Fox Business, Forbes Advisor and USA Today Blueprint. Specifically in the corporate payments space, I'd say it's more acute there than some of the other areas of the business. 10 stocks we like better thanWexWhen our analyst team hasa stock tip, it can pay to listen. Cambly pays by the minute, and earnings are deposited each Monday by PayPal. And so, an area that we will continue to invest and evolve. Communications Pty Ltd Remote in Mosman NSW 2088 $90,000 - $120,000 a year Full-time And in each of our areas of our business, we're really focused on each of those things, making sure that we retain our existing customers and are maximizing from that, implementing and then signing new customers. Not only can you skip the commute, but you also have the added flexibility of being able to schedule your work aroundyour other daily activities. It just depends on the platform and your payment preference when multiple payment options are available. All you need is a smartphone, tablet, or webcam with video and audio recording capability. 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