DailyPay: the On demand pay benefit, changing pay for good
DailyPay is the industry leader in on-demand pay and earned wage access, working to ensure that money is always in the right place at the right time for everyone. Powered by our compliant technology platform, we are reimagining the way money moves between employer and employee. Partnering with America’s best-in-class companies, including Dollar Tree, Adecco, and Berkshire Hathaway, DailyPay helps you to increase...
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DailyPay is the industry leader in on-demand pay and earned wage access, working to ensure that money is always in the right place at the right time for everyone. Powered by our compliant technology platform, we are reimagining the way money moves between employer and employee. Partnering with America’s best-in-class companies, including Dollar Tree, Adecco, and Berkshire Hathaway, DailyPay helps you to increase employee engagement, doubles the number of applications for open positions, and reduces turnover by up to 72%, making it a win-win for employers and employees.
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Features and Benefits
On-Demand Pay
Over 60% of today’s workforce is unsure about their ability to handle economic uncertainty (Mercator, 2020). Bills, rent, and emergencies don’t always coincide with traditional pay periods. PAY from DailyPay eliminates the uncertainty associated with a paycheck and gives employees access to their pay and tips when they need it, and the ability to plan — before payday arrives. We reduce financial stress and increase financial stability.
ADP Marketplace Partner Award Winner
DailyPay has won the 2022 Best Marketing and PR award for producing exceptional marketing assets, such as case studies, thought leadership articles, blogs, external media coverage, social media programs and other efforts.
Employee Savings
78% of working Americans are searching for cost-free ways to help them save and manage their finances(DailyPay, 2020). DailyPay SAVE encourages employees to save by offering three ways to set aside their earnings, before payday, and start building a savings safety net. We know that there can be barriers that prevent people from saving. That’s why, unlike many on-demand pay apps, SAVE is 100% free. Employees have the freedom to put money in their own savings account, so they can earn interest on their money and make withdrawals whenever they choose to.
Fully Integrated With Wisely Pay by ADP
When employees use the Wisely™ pay card, they’re fully set up to access and receive on-demand pay transfers with DailyPay. Employees can instantly transfer earned income at any time via a mobile-optimized website or Android app without causing disruption to your payroll process, or the timing of payroll funds.
Tip Disbursements
FlexTips is a cashless tip disbursement solution that allows your employees to access their tips and gratuities. FlexTips is an extension of the PAY product, and once enabled, employees, can accrue their tips in their available balance over the pay period and choose to access them as needed on-demand.
Compliant Rewards
With DailyPay’s REWARD product, you can give net amounts to employees at any time for reasons like, picking up an extra shift, providing exceptional customer support, meeting a sales goal, achieving team goals, or hitting an individual milestone.
Off-Cycle Payments
CYCLE enables payroll teams to disburse payments anytime, anywhere. Eliminate the hassle of issuing off-cycle payroll payments, and save time and money too. With CYCLE, it’s possible to process off-cycle payroll payments for on- the spot bonus payments, termination pay, or failed payments or errors.
Dedicated Professionals — There When You Need Them
Our Enterprise Partnership Management team will work with your HR team to tailor a strategy specifically for your organization in order to maximize benefits for your employees. We have successfully executed programs for organizations with distributed workforces, multiple locations and non-English speaking employees, and more.
Custom Reporting
DailyPay provides you with custom reporting so you can validate the impact of the benefit to and share it internally with all levels of senior management and your Board of Directors.
The services are provided by an independent third party and not provided by ADP and ADP is not responsible for such third party’s products or services.