Simplify Logo

Full-Time

Manager – Sales Development

Confirmed live in the last 24 hours

DailyPay

DailyPay

501-1,000 employees

Provides daily access to earned wages

Data & Analytics
Consulting
Fintech
Financial Services

Compensation Overview

$93k - $110kAnnually

+ Variable Incentive Compensation + Stock Options

Mid, Senior

New York, NY, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Lead Generation
Salesforce
Marketing
Requirements
  • 3+ years in software sales
  • 2+ years in leadership or management roles
  • Proven track record of exceeding sales targets
  • Expertise in managing and improving Sales Development KPIs
  • Strong communication, interpersonal, and negotiation skills
  • Proficiency in CRM and sales automation tools (e.g., Salesforce, Salesloft)
  • Ability to excel in a fast-paced, high-pressure environment
  • Bachelor's degree in business, marketing, or a related field or relevant experience
Responsibilities
  • Recruit, train, and lead a high-achieving Outbound BDR team to surpass targets consistently
  • Cultivate a high-performance culture, offering ongoing training and mentorship for sales skill enhancement
  • Drive data-centric Outbound strategy for effective lead generation
  • Ensure a steady stream of qualified leads for the sales team
  • Align BDR strategy with the company's sales goals and manage performance metrics
  • Analyze data, identify trends, and optimize BDR performance through data-driven decision-making
  • Craft scripts and content in collaboration with sales and marketing teams
  • Serve as the escalation point for lead-related issues and inquiries

DailyPay provides a service that allows employees to access their earned wages on a daily basis instead of waiting for traditional pay periods like bi-weekly or monthly. This service works by partnering with businesses, which pay a fee to offer their employees the option of on-demand pay. By giving employees the ability to access their wages as they earn them, DailyPay helps improve financial control and flexibility for workers. This approach has been shown to increase employee retention and engagement, particularly in industries such as healthcare, retail, and restaurants, where turnover rates are often high. DailyPay's goal is to enhance employee satisfaction and reduce turnover costs for businesses, potentially saving millions annually in sectors that struggle with labor shortages and high quit rates.

Company Stage

Series D

Total Funding

$1.4B

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

8%

1 year growth

16%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • DailyPay's service has been shown to increase employee time on the job by an average of 27%, which can significantly improve business operations and reduce turnover costs.
  • The company's recent $175 million funding round and 75% increase in valuation to $1.75 billion indicate strong financial health and growth potential.
  • Expanding its earned wage access solution to small businesses opens up a new market segment, potentially driving further growth and adoption.

What critics are saying

  • The departure of CEO Kevin Coop and transition to interim CEO Stacy Greiner could lead to strategic and operational uncertainties.
  • The competitive landscape in the fintech and employee benefits sectors is intense, with new entrants and existing players potentially eroding DailyPay's market share.

What makes DailyPay unique

  • DailyPay's focus on providing daily access to earned wages sets it apart from traditional payroll services that operate on bi-weekly or monthly cycles.
  • The company's service is particularly valuable in high-turnover industries like healthcare, retail, and restaurants, addressing specific pain points related to employee retention and financial wellness.
  • DailyPay's partnerships with major payroll providers like ADP and Acrisure enhance its market reach and integration capabilities, making it a more attractive option for businesses.

Benefits

Competitive Pay

Stock Options

401(K) with 4% match

Unlimited PTO

Medical, Dental & Vision Plans

Daily Seamless Credit

Free LinkedIn Learning

Annual Learning Stipend

DailyPay for DailyPay