Manufacturing
An Employee-First Culture Improves Manufacturing Productivity
On-demand pay improves employees’ financial wellness, leading to happier employees and greater productivity.
Overcome Challenges
Manufacturing companies are addressing ongoing challenges with an employee-first culture backed by on-demand pay.
A generational shift in the workforce, widespread adoption of new technologies and ongoing economic uncertainties are challenging the manufacturing industry to adapt and evolve.
Improve Employee Wellness and Satisfaction With On-Demand Pay
To address these challenges, manufacturers should focus on improving employee wellness and adopting an employee-first culture backed by benefits like on-demand pay. Positive impacts of an employee first-culture may include:
Employees feel more supported, rewarded and valued.
Improve employee morale, engagement, reduce turnover and increase hiring rates.
18.4–28.8%
The annual quit rate in manufacturing increased from 2017 to 2021, according to the U.S. Bureau of Labor Statistics.1
1 Source: U.S. Bureau of Labor Statistics
Help Employees Feel More Valued, Productive and Engaged
People who feel valued by their employer may be happier and more productive.2
Improved employee benefits may result in more productivity, higher morale and help attract top talent.
78%
of employees say they’re more likely to stay in their current roles if the benefits are attractive.2
73%
of employees have an improved opinion of their employer thanks to DailyPay's on-demand pay.3
Advantages of On-Demand Pay
According to a Harris Poll, 72% of U.S. employees want access to their wages before their scheduled payday.4 DailyPay empowers employees to access their earned pay whenever they need it, so they can pay bills, grow their savings and improve their overall financial wellness.
Manufacturing companies that partner with an on-demand pay solution like DailyPay experience reduced turnover costs, increased staff productivity and faster hiring.
Cost Savings
DailyPay decreased turnover by as much as 73%.5
Improved Productivity
56% of users say DailyPay motivates them to pick up more shifts, and 59% of users say DailyPay motivates them to go to work.6
Faster Hiring
Advertising DailyPay in job listings fills open positions in half the time. Beat the competition and avoid staff shortages.7DailyPay Integrates With Payroll and Attendance Systems
Partnering with DailyPay requires a seamless and painless implementation and integration process.
Resources for Manufacturing
Have Questions? We Have Answers.
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How can DailyPay help us stand out as an employer?
DailyPay helps you stand out among your competition. According to DailyPay research, job listings that mention on-demand pay through DailyPay fill open positions in half the time as those that don’t.8
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How can DailyPay help with time clock compliance?
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How many employees does my company need to have to offer DailyPay?
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What’s the average cost per hire?
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What’s the average manufacturing turnover rate?
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How can companies improve employee retention?
All information herein is for educational purposes only and should not be relied upon for any other use. The information herein does not constitute the rendering of professional advice by DailyPay. DailyPay does not warrant the completeness or accuracy of any information provided to you.
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