The Financial Journey is for everyone
Use Cases and Deployment Scope
DailyPay was initially brought on as an employee benefit to address employee turnover and retention. While it was impactful in addressing these issues, it has grown to be our most popular benefit providing a slate of offerings beyond earned wage access.
Pros
- Hires compassionate employees who believe in the mission.
- Listen and respond to customer input and concerns.
- DailyPay never rests and constantly strives to create and improve on the employee financial wellness journey
Cons
- DailyPay could go even farther in promoting "savings" and retirement preparation.
- DailyPay is at a point in its lifecycle where it needs to balance growth and remembering "where it came from."
Return on Investment
- Has given employees a taste of financial "freedom."
- 56% of Company employees are enrolled in DailyPay.
- Employees who "engage" in company benefits have a higher likelihood of staying.
Usability
Other Software Used
Hire by Workwave, TEAM by WorkWave