Frisch’s Restaurants Inc. offers employees on-demand access
to earned pay, whenever they need it
NEW YORK (August 29, 2019) – DailyPay, the leading provider of the daily pay benefit — a benefit offered through employers that allows employees to receive instant access to their earned pay, today announced a partnership with Frisch’s Restaurants Inc., a restaurant chain with more than 100 locations in Ohio, Kentucky and Indiana. This partnership enables Frisch’s to make DailyPay available to its more than 5,000 employees who now have the flexibility to make secure, instant transfers of earned pay, before payday, whenever and wherever they need to, 24/7/365.
The first Frisch’s restaurant was opened in 1905 in Cincinnati, Ohio. Forty years later, when second-generation owner David Frisch introduced the “Big Boy,” along with a specially formulated tartar sauce, it was an immediate hit that launched Frisch’s ongoing legacy. As an employer, Frisch’s is committed to improving the financial security of its employees with a flexible solution that allows them to meet their financial obligations on time. By partnering with DailyPay, Frisch’s is also taking an innovative approach to employee engagement and improving their recruiting and retention efforts.
“At Frisch’s, our core values and culture drive our efforts to provide innovative solutions that enrich our teams’ lives. In fact, we already have an appealing benefits package, but wanted to show our team members how much we value them by offering them an opportunity to access their already earned pay whenever they need it with DailyPay,” said Sheri Harper, Chief People Officer at Frisch’s Big Boy. “This also entices candidates to apply for open positions with us.”
With DailyPay, employees can transfer their accrued but unpaid wages to any bank account, paycard, or debit card, prior to their next payday. Employees can also track their accumulated earnings during each pay period using the available balance feature. In this way, DailyPay provides Frisch’s employees with a safeguard against unexpected expenses, and an incentive to work scheduled or even additional shifts to increase their available earned balance.
“Frisch’s has a 115-year history of serving quality food to local communities and is known for treating their employees like family,” Jason Lee, CEO of DailyPay, said. “Frisch’s has continuously demonstrated that it cares deeply about its workforce. By offering DailyPay, the company shows it understands the financial needs of its people, and that it wants to offer a benefit that can make a difference in its employees’ everyday lives.”
DailyPay is the only instant pay technology that is fully compliant in all 50 states and can be implemented at no cost to companies that choose to offer it.
To learn more about offering a daily pay benefit to your employees, schedule a time to talk about how DailyPay can help your business.
DailyPay, the leading provider of the daily pay benefit — a benefit offered through employers that allows employees to receive instant access to their earned pay, works across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through our trusted payroll service partners, including ADP, Paycor, Alight, SmartLinx, Netspend and other HR and payroll technology providers, who offer the daily pay product to their customers. With DailyPay, employees can pay bills on time and avoid late fees, helping them to reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.
About Frisch’s Big Boy
Founded in 1939, Frisch’s Big Boy restaurants are located in Ohio, Indiana and Kentucky. NRD Capital, a private equity firm based in Atlanta, Georgia, acquired the company in August 2015. Frisch’s operates 96 Big Boy restaurants and franchises another 20 restaurants to independent operators.
For more information about Frisch’s, visit https://www.frischs.com.