One of the most significant costs impacting the bottom line of your business is employee turnover.
If you’re like most business owners, you bend over backward for your customers. You do what it takes to provide the best customer experience possible. After all, good customer service helps ensure your customers will come back time and time again. So, why is it that many businesses don’t apply that same logic to their 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 financial wellness by using direct deposit as a financial strategy — which in turn creates increased engagement and productivity for an employer.
DailyPay will improve your bottom line. It’s that simple. It helps push employees toward higher productivity and better levels of engagement.
The holidays are a time for family, friends… and increased spending. In fact, national spending will be at a historic high. The National Retail Federation expects holiday retail sales in November and December – excluding automobiles, gasoline and restaurants – to increase between 3.6 and 4 percent for a total of $678.75 billion to $682 billion, up from $655.8 billion last year. This will be the highest it’s been since 2002.
Employees using DailyPay can text emojis to instantly receive their earned income. No words required.
Payroll is a big deal. It’s a lifeline for employees, and it’s the largest expense for a company. The expenses directly tied to employee compensation are vast:
DailyPay Announces Partnership with Kellermeyer-Bergensons Services
Errors in the payroll process can cause huge issues ranging from monetary losses to a weakened company reputation.
From Jason Lee, Founder and CEO of DailyPay: the economy is growing, and so you need more workers. However, inflation isn’t keeping up, which means you can’t afford to pay them more. What can you do?