"We need a better way to retain and incentivize our people because finding talent in a tight labor market is so difficult and offering a higher hourly wage usually isn’t possible."
We’re in the tightest labor market we’ve seen in 50 years. To overcome an epic challenge, businesses need creative solutions that challenge the status quo.
DailyPay is challenging the idea that employees shouldn't control when they get paid, and is proving that employers who provide this level of financial freedom strengthen their bond with employees.
Providing on-demand access to wages is helping businesses:
DialAmerica, PFS Group, Etech, and a host of other best in class contact centers are now offering DailyPay. Their employees comprise #DailyPayNation.
See how DailyPay works for other contact center organizations, and consider scheduling a consultation with our team to find out if DailyPay is right for you.
- Jason Lee, CEO and Co-Founder, DailyPay
Companies have seen, on average, a 41% reduction in turnover for DailyPay users
73% of DailyPay users say they are more motivated to come to work
People are 1.9x more likely to apply for a job that pays daily
As part of a comprehensive research study, DialAmerica discovered that one of the leading causes of employee turnover was financial stress. To combat employee turnover caused by financial stress, DialAmerica is now offering the DailyPay financial wellness platform to all of its agents. Together, DailyPay and DialAmerica are combating the financial burden caused pay delays caused by weekly pay schedules, or financial stress caused by unexpected fiscal emergencies or bills that fall between pay days.
CaLLogix was dissatisfied with their retention rate and adopted DailyPay as a new benefit to boost employee satisfaction and, by extension, lower turnover. DailyPay offers a way to reduce financial stress among employees, which is the leading reason for employee turnover across all industries and job types.