Explore the Many Benefits of DailyPay
DailyPay & OneEleven are Partnering to Create Lasting Financial Stability for Employees
As overlapping points on the benefits continuum, DailyPay and OneEleven ensure employees can meet urgent financial needs while also empowering them to build healthy money habits that will change their relationship with money for good.
Earned wage access through DailyPay has proven to provide financial wellness support for employees. In fact, 67% of users say DailyPay has helped them reduce financial stress, according to a November 2022 DailyPay User Survey.1
1 November 2022, DailyPay User Survey
With more concrete knowledge of their spending power through earned wage access, DailyPay users can improve their financial wellness and make better-informed financial decisions for themselves and their families.
Once employees get used to having access to their earned pay, they become more financially responsible and are eager to budget and save.
What is OneEleven?
With the OneEleven Financial Wellness benefit, employees can make the most of every dollar in their paycheck and continue their financial wellness education with confidential personal finance coaching and budgeting tools.
Whether they are focused on paying down debt, building an emergency fund or creating a spending plan, employees can access short educational videos on their own or connect 1-on-1 with their supportive human Wealth Coach.
A Look at the DailyPay and OneEleven Partnership
- Improve Engagement
-
Improve Engagement
DailyPay and OneEleven activate unengaged employees at a different stage in their financial journey when they can not afford to participate in traditional financial benefits like a 401k. This is good for company morale and creates a sense of belonging.
Our Partnership holds value in increasing employee engagement at work, as well as loyalty to their employers.
Loyalty is built through having a dedicated OneEleven Wealth Coach. OneEleven is not a "call center", so employees are paired with a Wealth Coach that they work with continuously and form a bond.
90%
users say they are more focused at work because they have access to OneEleven.5
4.9/5*
OneEleven Wealth Coaches are highly rated by users.5
* Average rating
5 OneEleven User Survey, April 2023
- Increase Retention
-
Increase Retention
Earned wage access can be a valuable tool to improve employee retention. According to a November 2022 DailyPay User Survey, 48% of users say they are more motivated to remain with their current employer because they offer DailyPay.2
93%
of employers who offer earned wage access say it helps them retain talent (note: for employers with 1,000+ employees).3
2 DailyPay User Survey, November 2022; 3 ADP Earned Wage Access Market Research Study, March 2022
- Attract More Employees
-
Attract More Employees
Earned wage access and financial coaching can help bridge the income gap, giving low-income workers more financial resources and budgeting methods.
By offering EWA and financial coaching, employers are demonstrating a commitment to their employees’ well-being, fostering a sense of trust and inclusion.
90%
of employees said being offered OneEleven showed their company cared about their personal well-being.5
64%
say that if they were seeking a new job, they would be more attracted to an employer that offered an on-demand pay benefit than an employer that did not, according to a Harris Poll survey commissioned by IntelyCare and DailyPay.4
4 Harris Poll survey commissioned by IntelyCare and DailyPay; 5 OneEleven User Survey, April 2023
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