DailyPay Announces Partnership with Photogenic Inc.
Bringing a new financial wellness benefit to more than 400 employees across 40 national locations
NEW YORK (March 1, 2018) – DailyPay, a financial solutions company that reduces employee turnover through instant access to income, today announced a national partnership with Photogenic Inc. and their 400+ employees across 40+ locations and 9 regional offices. Photogenic installs and maintains professional photography services at tourist destinations across the country, including sightseeing tours, harbor cruises, observation decks, museums, national parks, and zoos.
Each year, Photogenic’s staff greets more than 10 million visitors across their wide range of venues. It’s essential for their business success that their highly distributed workforce be trained, experienced, and professional. But being in the hospitality industry, Photogenic saw industry-standard turnover rates impacting their bottom line as well as their ability to serve their clients to the Photogenic standard.
With financial stress ranked at the top of the list of reasons employees leave their jobs, Photogenic partnered with DailyPay to arm its employees with a tool to combat the unnecessary fees and loans that plague wage earners.
“After only just over a week, 18% of our employees signed up and that number keeps going up. The benefit has already piqued some unique interest when it comes up in job interviews,” said Claire Cummings. “DailyPay has made it really easy to get this program up and running. It was so simple to upload payroll information into the DailyPay system, I thought might have done it incorrectly.”
DailyPay offers Photogenic employees immediate access to their earned but unpaid income through an intuitive, device-agnostic platform. After completing a shift, the net amount earned is added to an available balance from which employees can transfer up to 100% of net earnings and receive their money instantly. Fees for late bill pay or checking overdraft plague wage earners more than anyone. With DailyPay, Photogenic employees can avoid late fees, overdraft fees, and high-interest payday loans on sudden expenses. This transparency into their net earnings also gives a clearer view of weekly earnings to hourly workers with variable income.
“I’m very excited about this new partnership with Photogenic Inc.” said Jason Lee, Chief Executive Offer of DailyPay. “Not only are we able to bring financial wellness tools to their workforce, but by improving their employees lives and lowering turnover, millions of people traveling through America will have an improved experience and a beautifully done professional photograph to remember it by.”
DailyPay works with mid-cap and enterprise companies in a host of industries, including cleaning, retail, healthcare and services.
For more information, please visit dailypay.com.
DailyPay’s mission is to give employees their first step toward financial security. DailyPay is the pioneer in providing employees real-time access to earned income across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.
For more information about DailyPay, visit dailypay.com or follow @trydailypay on Twitter.
Photogenic Inc. is a souvenir photography company that provides fully integrated photo solutions for visitors at tourist destinations across the country. With 10+ years of managing venues and 10 more years of designing integrated photography solutions, Photogenic sees business from your point of view. Photogenic assesses your venue and your guests to develop a strategy tailored to meet your objectives, match your brand and open a new revenue stream or improve an existing one at your operation. Guests to your venue will leave with a Photo Memory and become your brand champions that will help expand your market presence and reward you with new visitors as they share the memory with family and friends.
For more information about Photogenic Inc., visit photogenicinc.com.