DailyPay Improves Employee Retention, Productivity, and Morale According to New Study
/New research from Arizent/Employee Benefits News demonstrates the positive impact DailyPay can have for employers, many of whom are still challenged with a tight labor market. According to the study commissioned by DailyPay, the leader in earned wage access, employees stay longer, are more productive, and are more motivated at work when they have the highly sought-after financial wellness benefit. Those employees also pick up extra shifts, are less likely to look for a new job, and exude higher morale.
The study also reveals that DailyPay is among the top three benefits employees engage with in over half the instances, signifying its importance among companies’ total rewards/benefits packages.
The noteworthy findings revealed in the study include: