Pay Your Employees On Their Schedule With Earned Wage Access
DailyPay provides an industry-leading earned wage access platform that allows your employees to track, spend or save their wages as they earn them instead of waiting for payday.
In today's competitive market, employers need modern solutions to improve employee retention and recruiting efforts. A recent study conducted by ADP revealed that 96% of employers who offer earned wage access (EWA) say it helps them...
Read more
DailyPay provides an industry-leading earned wage access platform that allows your employees to track, spend or save their wages as they earn them instead of waiting for payday.
In today's competitive market, employers need modern solutions to improve employee retention and recruiting efforts. A recent study conducted by ADP revealed that 96% of employers who offer earned wage access (EWA) say it helps them attract talent, and 93% report that it helps them retain talent.
DailyPay provides the financial visibility and control that empowers people to make different decisions and avoid expensive alternatives when managing finances. DailyPay gives employees access to their earned pay with a simple, easy-to-use interface where they can transfer their pay or send savings to a bank account or debit card of choice. Being better equipped to meet financial obligations reduces stress and improves financial wellness. In fact, 52% of employees using DailyPay report an improved opinion of their employer.
Read less
Features and Benefits
Recruit for more roles efficiently and attract more applicants
In today's competitive market, employers need modern solutions to improve employee retention and recruiting efforts. A recent study conducted by ADP revealed that 96% of employers who offer earned wage access (EWA) say it helps them attract talent, and 93% report that it helps them retain talent.
Support employees and help them feel more engaged
Remove financial barriers and improve employee engagement. An outstanding employee experience may help employees feel valued, engaged and supported leading to better employee retention. A lack of connection with the company is among the main reasons for staff leaving their jobs.
48% of users say they are more motivated to remain with their current employer because they offer DailyPay.
70% of employees felt recognition is the most meaningful to them when it is personalized.
Source Randstad,Source DailyPay,Source SHRM
Inspire and motivate your employees with real-time cash rewards.
48% of users say they are more motivated to remain with their current employer because they offer earned wage access. Employees who can track their hours and earnings in real-time, and who have instant access to their earned pay are more motivated and productive at work.
67 % of employees say DailyPay helps them reduce financial stress, and another 77% say it helps them save money by avoiding costly alternatives.
That’s why 52% of employees say their opinion of their employer improved after using DailyPay.
Source: DailyPay User Survey, November 2022, Source Customer Perceived Savings Report, Mercator Advisory Group commissioned by DailyPay, August 2022
Reduce costs and manual work associated with off-cycle payments.
Off-cycle payments no longer have to be a hassle. Your payroll team can reduce costs while quickly dispersing funds for payroll corrections, other payments outside of the regular payroll cycle and even simplify termination pay with Cycle by DailyPay.
Reduce the need for cumbersome administration work and get the flexibility to send individual or batch transfers to any employee account.
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.
