DailyPay Business Blog

Employees Stay Longer with DailyPay

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turnover rate, wage growth, what employees want, absenteeism, financial wellness, how to help employees, improve engagement, employee loyalty

The 8 Kinds of Absenteeism (and How to Fix Them)

THE COSTS OF ABSENTEEISM

Employee absenteeism isn’t cheap. According to a study done by Circadian, absenteeism among hourly workers costs $2,660 per employee per year. For companies employing 500 hourly workers, that amounts to $1,330,000 per year in direct absenteeism costs.

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Turnover, why do employees call out, why do employees quit, absenteeism, Employee Retention, engagement

I’ve Figured Out How to Reduce Employee Absenteeism and Turnover

Blog post by Jason Lee, CEO of DailyPay, Inc.

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Employees stay longer with DailyPay

DailyPay enables your employees to access their pay before payday, empowering them to meet their financial goals. Employees that find financial security at your company stay longer, reducing your turnover and improving bottom line profits.

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