The Community Supports Network chooses to offer employees innovative on-demand pay solution
for access to funds before payday
NEW YORK (October 22, 2019) - DailyPay, the leading provider of the daily pay benefit — a benefit offered through employers that allows employees to receive instant access to their earned wages, today announced a new partnership with The Community Supports Network, Inc. (CSN), a Midwest-based human services organization providing services in Nebraska, Iowa and Missouri. CSN supports people with intellectual disabilities and/or mental health needs to learn, grow, become increasingly independent, and achieve individualized goals. After reading about DailyPay and the positive results that other companies had experienced as a result of offering this new benefit, CSN reached out to DailyPay directly to learn more. Vice President of Business Development and Principal Owner, Justin Gulbrandson, was instrumental in helping to create this partnership.
High employee turnover rates are rampant throughout the human services and social work fields. When these companies are constantly battling turnover costs, which can be as much as $4,000 per employee, it becomes nearly impossible to invest money in other areas, such as technology upgrades, advanced training for employees, offering new services, or other investments that could potentially create more efficiencies. CSN realized it needed a creative solution to help combat this problem and stay competitive, and DailyPay satisfied that need.
“Giving our employees the option to be paid as often as they want is an easy way to increase the value of their pay,” Gulbrandson stated. “It can also protect them from expensive late fees and assist employees with emergency medical expenses or unforeseen automotive repairs. This, in turn, can give the people we support higher quality outcomes, as our employees become more engaged with our organization.”
Earned wage access is an inevitable benefit for today’s digitized workforce, especially for those in lower-income sectors who may be living paycheck to paycheck with unaligned payday schedules and bill due dates. Employees enrolled in DailyPay have 24/7/365 access to their earned but unpaid wages, with the option to withdraw money before payday, as needed, for the cost of an ATM fee. The initial launch has gone well, and CSN is excited to offer the DailyPay benefit to all of its employees. Gulbrandson and his team are hoping for high adoption rates, which could potentially lead to a 41% reduction in turnover, following the same pattern as other DailyPay partners. DailyPay also provides greater incentive for employees to show up for scheduled shifts, work overtime and comply with timekeeping systems.
“Offering this benefit demonstrates CSN’s deep commitment not only to the wellbeing of its employees, but also to the wellbeing of the people they care for,” DailyPay CEO, Jason Lee, said. “By reducing a major source of financial stress for their employees, CSN is also increasing its employees’ workplace productivity and the ability to be fully mentally present at work.”
To learn more about how DailyPay can improve the day to day operations of your organization, schedule a time to speak with a representative.
DailyPay, the leading provider of earned wage access, works to reduce the financial stress of employees everywhere with technology that is compliant in all 50 states. This unique benefit is rapidly growing in popularity because of the positive effects it has, and because companies that offer DailyPay to their employees incur no cost to themselves. Partner reports have shown that offering a daily pay benefit decreases employee turnover, increases engagement and retention, improves recruiting and helps employees reach their financial goals by avoiding late fees and other penalties.
About The Community Supports Network, Inc.
CSN supports people with mental health needs and/or intellectual disabilities to gain skills, knowledge and experience to increasingly use and benefit from the resources and settings available to all citizens in our community. Their team of professionals believes in focusing on the strengths of each individual and works to ensure that each staff member is adequately trained and supported throughout the course of their career.