DailyPay Business Blog

Employees Stay Longer with DailyPay

Find Out Why

Financial Security, financial wellness, Financial Wellness Benefit

Are You Harming Your Business by Ignoring Your Employees’ Financial Wellness?

How well do Americans manage money?

A recent Prudential report stated that 63% of Americans do not have a “rainy day fund” large enough to cover an unexpected expense of $500. And, 78% of people who participated in the Prudential survey said they don’t feel financially secure.  

Read More

direct deposit, financial wellness, Financial Wellness Benefit

Benefits of Direct Deposit for Employers and Employees

Keeping direct deposit enrollment rates up has positive implications for both an employee and employer. Time, money and frustration can all be spared if employers offer direct deposit, and if employees utilize the benefit. Even more is the fact that your employees have a unique opportunity to kick-start their[...]

Read More

employee attrition, payroll costs, Cost of turnover, Employee Retention, employee turnover, Financial Security, financial wellness

How To Reduce Employee Turnover and the Cost of Turnover

Monitoring and assigning a dollar figure to turnover is important for any business. Companies need to track employee turnover so they can look for and minimize causes of turnover, in part to protect their bottom line.

Read More

employee loans, financial wellness, payday loans

Employee Loans and How They Work

Financial insecurity can be a productivity killer. Employers who offer empathy toward employees in need of financial assistance can boost employee loyalty and overall workplace engagement.

Read More

employee attrition, how to help employees pay bills, Financial Security, financial wellness, Financial Wellness Benefit, how to help employees meet deadlines

Do Financial Wellness Programs Work to Benefit Employees?

Financial wellness programs at the workplace have gained popularity over years. In a recent Bank of America survey, nearly three-quarters of 1,020 plan sponsors surveyed believe that financial wellness solutions will be standard elements of benefits packages in the future. It is also suggested that large companies[...]

Read More

employee attrition, Employee Retention, employee turnover, financial wellness, Financial Wellness Benefit

5 Reasons Why Employees Quit

Employee turnover is expensive, and in many industries, the cost of losing good workers is rising. Tight labor markets, and young employees job hopping at an increased rate are two proven contributors to turnover increases. Turnover is a meaningful expense for companies who constantly have to recruit new employees[...]

Read More

Employee Engagement, financial wellness, Financial Wellness Benefit

How Financial Wellness Improves Employee Engagement

Financial issues are burdensome and distracting for everyone. In fact, when one of your employees is concerned about financial security, you lose them as an engaged employee.

Read More

Recent Posts

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.

Learn More

Sign Up for Our Newsletter

Follow US