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The DailyPay Blog

Employees Stay Longer with DailyPay

The Motor City is Rolling with Innovation

 

The creation of the Henry Ford assembly line in Detroit, Michigan was a pivotal development that redefined the manufacturing industry. Now, over 105 years later, Detroit is once again at the center of innovation as its payroll industry is being redefined by a new benefit called daily pay.

 

DailyPay allows employees to access earned but unpaid wages and receive those funds instantly into any bank account, pay card or debit card. DailyPay has recently partnered with two businesses near Metro Detroit that have embraced the revolutionary thinking of Mr. Ford, whose fearless technological advancements strengthened Detroit’s economy by creating a bustling automotive industry. 

 

One of the companies that has embraced DailyPay is SMR Automotive. SMR is one of the leading manufacturers of rearview mirrors in the world and a true trailblazer of utilizing emerging technology. Just like SMR, DailyPay has embraced modernization and is the leading provider of earned wage access in the U.S., but more importantly, in Michigan.

 

The other company that has adopted a daily pay benefit is Wireless Vision, a T-Mobile-branded retail chain with over 650 stores nationwide. Wireless Vision has been voted one of the best places to work for nine years running by emphasizing the value of the employee experience. DailyPay, which was born from the need to improve the financial wellbeing of employees, hopes to help Wireless Vision maintain their status for a tenth consecutive year. 

 

By helping to reduce absenteeism and employee turnover, DailyPay can help these companies thrive and help the city of Detroit to carry on Mr. Ford’s legacy of industry disruption, technological innovation and embracing modernization.


Written by DailyPay

DailyPay, the leading provider of the daily pay benefit — a benefit offered through employers that allow 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, 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.


reduce turnover, Employee Experience, voluntary benefits, on-demand pay

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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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