DailyPay and ADP’s partnership is an extremely powerful force for enhancing employee benefits and experiences. DailyPay’s on-demand pay solution integrates seamlessly with ADP’s HCM and Payroll solutions, eliminating extra work for payroll and HR teams.
For added convenience, DailyPay is available through ADP Marketplace: a digital HR storefront of apps that integrate with ADP payroll solutions. This means that companies who use ADP can offer their employees an on-demand pay benefit directly through their existing systems, making it extremely easy for their clients to improve their benefits packages. Through this partnership, DailyPay and ADP can provide a wider range of workers with an on-demand pay benefit.
DailyPay gives employees the power to receive their earned income as they need it, rather than being bound by payday schedules. This helps them pay bills on time, cover emergency expenses and have more control over their finances. In fact, 59% of users say DailyPay motivates them to go to work. This benefit is rapidly growing in popularity, with 52% of job seekers actively searching for opportunities that provide on-demand pay. Offering DailyPay has also been proven to reduce turnover by an average of 62%, helping employers save on turnover costs.
Recently, quick-service restaurant (QSR) franchisee, Kensington Hill Capital LLC, decided to add a daily pay benefit to their offerings. A long-time ADP Workforce Now® customer based in Columbus, Ohio, Kensington Hill Capital is a franchisee of Jimmy John’s, the U.S. sandwich chain owned by Inspire Brands. Kensington Hill Capital oversees 43 Jimmy John’s restaurants, with nine in Ohio and the rest throughout Georgia and Florida.
“I’m always looking for ways to enhance our employee benefits, to make people’s lives easier,” said Brandon Stewart, Kensington Hill Capital’s president and COO. “I also have a very deep understanding, being in this industry, of what they go through, especially our part-time employees. The decision to add this benefit was a no-brainer.”
45% of Kensington Hill Capital’s employees are currently using DailyPay. Stewart also notes that this integration has given his company a powerful competitive advantage with recruiting. He recommends that Payroll and HR decision-makers utilize ADP Marketplace to find integrated, plug-and-play solutions that can be rolled out quickly.
“From what we’ve seen, our people love it,” Stewart says. “It’s no secret that a lot of folks in this wage environment live paycheck to paycheck, and there also are expenses that unexpectedly come up. This benefit takes all the waiting away. And we also don’t have to facilitate short-term loans.”
Interested in learning more about offering a DailyPay benefit to your company? Request a free demo to learn more!
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