DailyPay Ranks As The #1 Adopted Financial Wellness Employee Benefit According to New Employer Study
/DailyPay ranks as the #1 adopted financial wellness benefit in a new employer study conducted by DailyPay this month. The survey consisted of employers who currently offer DailyPay’s worktech platform to their employees.
DailyPay outranks other benefits for the top spot, including 401(k)s, flexible schedules, HSA/FSA accounts, life insurance, wellness programs, and educational assistance.
Overall, only healthcare benefits ranked higher in terms of adoption according to the survey. The majority (55%) of those polled say DailyPay is among the top 3 overall benefits employees voluntarily engage with.
Nearly all (97%) of those surveyed say DailyPay is an important financial wellness benefit that they offer to their employees with two-thirds (67%) saying it is the most or a very important financial wellness benefit that they offer to their employees.