I recently came across a LinkedIn article written by Martin Whittaker, CEO of JUST Capital, titled “What If Every Company Conducted An Employee Financial Distress Test?” In it, he spoke about a recent CNBC Squawk Box talk with PayPal CEO, Dan Schulman, who talked about initiatives that PayPay had recently[...]
what employees want, how to help employees, payroll benefits, Employee Experience, pay
neo-payday lenders, compliance, daily pay benefit
With each new survey, employee desire for access to their accrued earnings before payday grows, along with retention rates for employers that implement the #dailypaybenefit. It’s a win-win.
on-demand pay, #dailypay, #financialwellness, #dailypaynation
While paying employees biweekly or semimonthly may be standard practice, it’s time to analyze whom that schedule truly benefits. When employees are not paid immediately for their labor, they are essentially giving their employer a loan for the entire duration of the pay period. And while this schedule may reduce[...]
voluntary benefits, #dailypay, #dailypaynation
We recently reached out to our employees to ask then for their 2020 #dailypay industry predictions. Their predictions are interesting and insightful; employers need to heed the demands of their workforces for this benefit, or risk the consequences.
payday loan, neo-payday lenders, compliance, #dailypay
Buggy whips. That’s what I think of as I follow the drama that surrounds payday lending.
Employee Engagement, #dailypay, GenerationalCompany
I was fortunate enough to be able to take off the last two weeks of December. This time gave me the space to clear my head, plan for 2020 and reflect on what has been a long but incredibly rewarding year professionally.
#dailypay, #financialwellness, #payexperience, #employeeengagement, #futureofwork, #dailypaynation, #fintech
2019 was a year of awakening for the #dailypay benefit — a year when three distinct groups awakened to this life-altering benefit and industry. Here is my take on 2019 and my prediction of what's to come in 2020
voluntary benefits, compliance, on-demand pay
This is the fifth and final post in our five-part Q&A series addressing your questions from our recent seminar with the APA. These are your remaining questions, which span a range of topics.
care center, voluntary benefits, on-demand pay, #dailypay
INDEPENDENCE, Ohio – December 19, 2019 – Koinonia, a leading provider of life-changing services to people with intellectual and developmental disabilities (IDD), has unveiled a new initiative aimed at helping employees gain greater financial flexibility. DailyPay, the leading provider of the daily pay benefit — a[...]
Many who want access to their pay before payday are told by providers that they need to allow access to the bank account where their payroll direct deposits are made. It may seem innocuous, and it is a legal and somewhat normal way of doing business nowadays, but there are pitfalls, and such a requirement should[...]