Jason Lee, CEO of DailyPay gives a presentation at HR Tech 2019 Conference: “Nearly half of U.S. workers live paycheck-to-paycheck, resulting in almost $30 billion being lent out each year in the form of high-interest predatory payday loans. A daily pay benefit solution can help solve this problem by allowing workers to control over when they get paid. But we can't do this alone, which is why we're attending HR Tech to work with companies who share our mission to boost financial security in the workplace.
We've created an innovative technology that gives employees instant access to their earned but unpaid wages. Our partners have already joined with us to solve this crisis. These companies have already seen impressive increases in recruiting, engagement and retention by offering DailyPay.“
Learn more at: www.dailypay.com/
DailyPay is the pioneer of the daily pay benefit where employees can receive real-time access to earned wages. Its technology exists as an overlay on top of payroll and time management systems and requires no change to a company’s current payroll process or timing of payroll funds.
Employers offer this as a perk for employees so they can control the timing of their pay empowering them to pay bills on time and avoid late fees. With a tap of a button, employees can receive their earned but unpaid wages instantly to any bank account, prepaid card or paycard. This leads to improvements in employee retention and overall job satisfaction.
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