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The DailyPay Blog

Employees Stay Longer with DailyPay

White Paper: How Offering Daily Pay Expands the Applicant Pool and Reduces Payroll... At No Cost to the Employer

In the whitepaper, see how we've proven the following:

—Applicants are 1.9x more likely to apply for a job with daily payments

—Applicants are willing to take, on average, a 13% pay reduction for a job with daily payments

—Applicants are 1.5x more likely to apply for a job with 50% less signing bonus if it offers daily payments

 

View the whitepaper here.

 

 

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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.


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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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