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DailyPay Overview
On-demand pay — also known as earned wage access — gives employees access to their earned pay before payday. DailyPay is your key to improving recruitment, retention, motivation and productivity.
Why DailyPay
DailyPay helps you deliver on-demand pay that gives your employees the financial control they need to be more engaged, motivated and happier at work.
Clients
DailyPay partners with industry leaders across HCM and payroll for a seamless experience.
Grocers and Supermarkets
The average employee turnover rate in the grocery/supermarket industry is 70%, with even higher rates among part-time workers. An on-demand pay benefit can increase retention and improve hiring, saving you money and helping you to foster tighter relationships and achieve tighter margins.
Top eateries trust DailyPay to deliver on-demand pay to their employees
By providing employees with access to their earned pay, you help them to pay bills on time and save for emergencies. As a result, your company will benefit from reduced turnover costs, and your customers will receive better service from happier employees. It’s a winning solution for all!
Cost Savings
With access to their pay before payday, employees stay at their jobs, reducing turnover, on average, 45%.
Improved Performance
While most companies are struggling to keep workers, retailers using DailyPay report 48% lower turnover rate and a 60% increase in worker tenure.
Happier Customers
DailyPay supports financial security and reduces money-related stress, resulting in better customer service.
Faster Hiring
Advertising DailyPay in job postings helps you beat the competition with twice as many applicants.
Nearly 3 out of every 4 U.S. employees (72%) want access to their wages before their scheduled payday. With DailyPay, your workforce can access their earned pay — and even save a portion of their pay — before payday.
Easy to Use
Employees can easily transfer up to 100% of their net earned pay to any destination account, immediately or on the next day.
Fair and Transparent Fees
Employees pay an ATM-like fee only when they request a transfer. Fee is the same regardless of the employee’s destination account.
73%
employees say DailyPay gives them greater financial control.1
24%
higher retention among DailyPay users compared to non-DailyPay users.2
69%
of DailyPay users have an improved opinion of the company after enrolling.1
88%
of Associates using DailyPay would recommend it to a friend.1
1. Based on 2020 internal DailyPay user surveys
2. DailyPay users vs. non-DailyPay users
FEATURED PARTNER
Theresa Monti, Kroger’s VP of Total Rewards, shares why DailyPay was the right choice to support her employees across the country. The DailyPay team was able to get this technology up and running for her team in just four short weeks! Not only did it help her employees during the pandemic, DailyPay was also just in time to help them financially through the Texas storms.
“My first experience [with DailyPay] was awesome. The webpage was easy to understand. My money was transferred the same day within minutes. This is the best thing my company could give their employees. Especially if you need a little extra cash before your next payday. It’s easy and convenient.”
Lakeshia J.
Kroger Employee
When you partner with us, we handle all service and support calls. We do all payroll reconciliations. Basically, we take everything off your plate and put it on ours. That’s why we’re the recognized gold standard in on-demand pay with:
We have yet to meet a payroll or time & attendance system that we can’t work with. So there’s no need for any integration worries on your part. And we have integration relationships with the top HCM and payroll companies, so it’s unlikely that we don’t have a prior integration with your system.
“We couldn’t be happier with the team we work with at DailyPay. Their people are their true differentiator against other on-demand pay providers.”
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