Kwik Chek enhances employee experience with innovative on-demand pay
solution that allows access to earnings before payday.
NEW YORK (Dec. 4 2019) - DailyPay, the leading provider of the daily pay benefit offered through employers that allows employees to receive instant access to their earned wages, today announced a partnership with Kwik Chek Food Stores. Through this partnership, Kwik Chek has made DailyPay available to more than 600 employees throughout Texas and Oklahoma, who now have the flexibility to make secure, instant transfers of earned but unpaid wages 24/7/365.
“Kwik Chek immediately saw the benefit of helping their employees and producing positive retention results for the company,” said Jason Lee, CEO, DailyPay. “As a regional brand that competes with larger national brands, they wanted to offer a benefit that turned them into a preferred employer in the hiring market. After launching DailyPay, Kwik Chek saw a very impressive adoption rate, with 42% of their employees opting into this new benefit.”
“Offering DailyPay is another way for us to show existing and prospective employees how much their hard work means to us,” said Rick Tellez, Chief Financial Officer, Kwik Chek. “We want to show our workforce that we understand how hard it can be to wait for the next paycheck, especially when they experience an unforeseen expense or need to pay a bill on time and don’t have the necessary funds available. Enabling them to access their earnings before payday helps them to be more productive at work because they are less stressed financially.”
With DailyPay, employees can transfer their accrued but unpaid wages to any bank account, pay card or debit card, prior to their next payday. Employees can also track their accumulated earnings during each pay period using the balance feature. In this way, DailyPay provides Kwik Chek employees with a safeguard against unexpected expenses, and an incentive to work scheduled or even additional shifts to increase their available balance.
“By adding earned wage access to their benefits package, Kwik Chek has set itself apart from the competition in a very impactful way,” Lee said. “This benefit helps increase the value of employee pay without increasing the amount of their pay; it helps employees pay their bills on time and the company stays within budget. It’s a victory for all involved.”
DailyPay is the only instant pay technology that is fully compliant in all 50 states and can be implemented at no cost to businesses that choose to offer it.
To learn more about offering a daily pay benefit to your employees, schedule a time to talk about how DailyPay can help your business.
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, works across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through our trusted payroll service partners, including ADP, Paycor, Alight, SmartLinx, Netspend and other HR and payroll technology providers, who offer the daily pay product to their customers. With DailyPay, employees can pay bills on time and avoid late fees, helping them to reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York. For more information about DailyPay, visit dailypay.com or follow @DailyPay on Twitter.
About Kwik Chek Food Stores
Kwik Chek Food Stores is headquartered in Spicewood, Texas and is a family of locally owned, customer service-oriented convenience stores, grocery stores and quick food operations. With more than 45 locations throughout Texas and Oklahoma, Kwik Chek serves more than 4,000 items, including fresh-made food, cold drinks and grab-and-go snacks. With our motto, “Leave ‘Em Better,” we are continually looking for ways to give our guests the highest quality of service and products. Please visit www.kwikchekstores.com for more information.