Companies have experienced explosive growth overall in recent years, as evidenced by the increasing amount of payrolls reported in the US last month. But, this growth is a two-edged sword. What’s the danger?
DialAmerica, a leading U.S.-based call center, is now offering DailyPay as a financial wellness solution for its 3,000 employees
NEW YORK (August 31, 2017) – DailyPay, an on-demand payment platform that reduces employee turnover through instant access to pay, today announced a national partnership with DialAmerica, a leading privately owned domestic contact center company with over 3,000 employees.
Monitoring and assigning a dollar figure to employee turnover is important for any business.
Researching the cost of turnover can be difficult because there are many qualitative and quantitative elements that go into determining the true cost of turnover for an organization. However, companies need to track employee turnover so they can look for and minimize causes of turnover, in part to protect their bottom line.
Blog post from Jason Lee, CEO of DailyPay, Inc.
Employee loyalty is more important than ever. The current labor market is considered uncomfortably tight – a situation that creates an excess need for workers. This makes it difficult to hire for open positions and makes it increasingly expensive to lose valued employees.
New dynamics in a modern workforce mean new employee expectations for benefits and perks. These new employee benefits requests are unlike a typical portfolio filled with standard PTO, healthcare and retirement options. 2017 is all about harmony and customization.
Financial insecurity can be a productivity killer. Employers who offer empathy toward employees in need of financial assistance can boost employee loyalty and overall workplace engagement.
Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers.
How can you gauge if you’re spending too much on employee turnover? What is the average employee retention rate?
Financial emergencies arise in all of our lives. From an unexpected medical payment to an auto emergency, if you’re unprepared for these “surprises”, they can be stressful.
Blog post by Jason Lee, CEO of DailyPay, Inc.