Hourly workers now have more access to financial assistance, as DailyPay expands its services to include Frontline Communications, solidifying its status as the leading app in the field.
DailyPay Introduces Frontline Communications Solution to Boost Employee Engagement
DailyPay, the leading On-Demand Pay platform, is set to enhance workplace engagement with the introduction of a new Frontline Communications solution. This innovative tool is set to be available to employers who offer DailyPay this fall.
The Frontline Communications solution is designed to streamline communication between employers and their hourly workers, a segment that visits the DailyPay app one to two times per day to check their available balance. This solution is expected to contribute significantly to improving employee engagement and reducing absenteeism.
Research from Gallup suggests that highly engaged business units experience 78% less absenteeism, making this a crucial aspect for employers. DailyPay's new solution aims to facilitate a productive and meaningful relationship between employers and employees.
In the U.S., streamlined communication is estimated to save companies billions of dollars collectively due to reduced absenteeism. This new solution from DailyPay could potentially have a significant impact on the industry.
The Frontline Communications solution will be integrated into the DailyPay app for convenience. DailyPay's platform, which is offered by many leading global employers to their millions of workers as a financial wellness benefit, now includes a variety of financial wellness solutions such as cash back offers, a credit health product, savings jars, and more.
Companies offering DailyPay as a financial wellness benefit to millions of their employees include Hilton. Job postings at Hilton Tampa Downtown and Kilolani Spa at Grand Wailea, a Waldorf Astoria Resort, evidence this. In fact, healthcare benefits are the only benefits that rank higher in terms of adoption than DailyPay, according to a survey.
The majority (55%) of those polled say DailyPay is among the top 3 overall benefits employees voluntarily engage with. Carly Brush, SVP and General Manager of On-Demand Pay and HCM at DailyPay, stated that the expanded capabilities of DailyPay solidify its role as an employee motivator.
DailyPay ranks as the #1 adopted financial wellness benefit in a new employer study, further underscoring its importance in the financial wellness landscape. With the addition of the Frontline Communications solution, DailyPay continues to set the standard in employee engagement and financial wellness.
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