Visi Money
This article reports on research conducted by fintech firm DailyPay, which aims to demonstrate the positive impact of its products on employers and employees. The study reveals that employees who have access to DailyPay’s financial wellness benefit stay longer at their jobs, are more productive, and are more motivated. Additionally, these employees are less likely to look for a new job and have higher morale. The study also highlights the importance of DailyPay among companies’ total rewards/benefits packages, with many employers reporting a reduction in employee turnover and higher satisfaction/morale since implementing DailyPay. The research also shows that DailyPay is viewed as an important component of a company’s benefits package, with many employers stating that it is a cornerstone to their financial wellness benefits. Overall, the majority of employers who offer DailyPay are satisfied with their experience and would recommend it to others in the industry.
The research was conducted by Arizent on behalf of DailyPay and involved surveys of both DailyPay users and employers who offer the service. The findings suggest that DailyPay’s financial wellness benefit is a valuable addition to companies’ suite of benefits and can have a positive impact on employee productivity and satisfaction. Stacy Greiner, Chief Operating Officer of DailyPay, emphasizes the company’s commitment to providing an impactful financial wellness benefit that employees love and engage with.
