Staffmark Group joins the list of innovative companies that are offering an on-demand pay experience to employees to access to earned income before payday
DailyPay, the leading provider of the daily pay benefit, today announced a partnership with Staffmark Group, one of the largest staffing companies in the United States. Through this partnership, Staffmark Group is making DailyPay’s on-demand pay benefit available to more than 20,000 employees. Many of Staffmark Group’s employees now have the flexibility to make secure, instant transfers of unpaid earnings any day of the year and can save their earned income in multiple ways before payday.
Since offering a daily pay benefit is proven to help fill open positions 52% faster, on average, and decrease turnover rates by 50%, on average, it was a great solution to help Staffmark Group meet its business goals and become trailblazers in the staffing industry. Following initial successes, they look forward to offering this benefit across all their locations.
“We are always looking for creative ways to improve job acceptance rates, decrease turnover and increase job satisfaction,” said Emily Giltner, senior vice president of enterprise operations at Staffmark Group. “DailyPay allows us to meet those objectives while also providing a flexible pay option for our employees. It is a mutually beneficial tool to help everyone involved, from our employees to our clients. It’s truly been a win-win situation.”
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, which gives them a real-time view into their earnings and helps them with budgeting for upcoming expenses. In this way, DailyPay provides Staffmark Group employees with a safeguard against unexpected expenses, and an incentive to work scheduled or even additional shifts to increase their available earnings balance.
“As they’ve demonstrated for 40 years, Staffmark Group wants to ensure that their client partners and their employees are having the best experience possible,” DailyPay Chief Executive Officer, Jason Lee said. “By offering DailyPay, Staffmark Group demonstrates a genuine understanding of the financial needs of its workforce and a willingness to provide a means for them to feel more financially secure. This level of compassion is what will set them apart from other staffing agencies and encourage job seekers to work with them, which will, in turn, help them meet their goals.”
DailyPay, the industry leader in compliance, can be implemented at no cost to businesses that choose to offer it. To learn more about DailyPay, visit www.dailypay.com.
DailyPay is a SaaS award-winning fintech solutions company supporting over two million employees at world-class companies, including Kroger, Adecco, Berkshire Hathaway and G4S, with an on-demand pay platform. DailyPay is headquartered in New York City with operations located in Minneapolis. For more information, visit dailypay.com/press.
About Staffmark Group
Staffmark Group is a proud member of RGF Staffing. Staffmark Group provides services that include contingent staffing, direct/permanent hire, on-site staffing management services, Recruitment Process Outsourcing (RPO) and Master Service Provider (MSP). Staffmark Group brands are industry leaders in providing talent in design and engineering, information technology, finance, accounting, human resources, marketing, skilled trades, clerical and light industrial skill sets. Learn more at www.StaffmarkGroup.com.
About RGF Staffing
RGF Staffing is a leading global HR services provider with activities in Asia Pacific, Europe, Japan and North America. Every day more than 300,000 people work for businesses and institutions via the RGF Staffing network. RGF Staffing is part of Recruit Holdings Co., Ltd. For further information please visit www.rgfstaffing.com.
Contact: Sehrish Sayani
Phone: (888) 991-3646