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Full-Time

Sales Director

SME, West Coast

Confirmed live in the last 24 hours

DailyPay

DailyPay

501-1,000 employees

Provides daily access to earned wages

Financial Services
Fintech

Compensation Overview

$150k - $175kAnnually

+ Variable Incentive Compensation + Stock Options

Senior, Expert

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Data Analysis
Requirements
  • Experience attracting and hiring high quality sales reps and effectively leading a sales team
  • Successful sales experience SaaS - HR tech, FinTech, Business Intelligence/Analytics or closely related products
  • Proven experience developing and refining sales processes, sales planning and value propositions
  • A resourceful problem solver who can independently translate high level goals into actionable plans
  • High proficiency integrating CRM strategies, technologies, data, analysis, and communications into the sale process
  • Operate with a strong sense of urgency creating a results driven, collaborative environment
  • Demonstrated leadership skills with an approachable presence, charisma and an excellent public speaker/motivator
Responsibilities
  • Recruit, build, and manage an efficient and productive SME Account Executive team
  • Continuously drive performance and elevation of the DailyPay brand
  • Maximize the success of DailyPay's expansion across key market segments
  • Provide accurate revenue forecasting
  • Embrace the tools and metrics based management culture of DailyPay
  • Educate the labor marketplace on the power and benefits of DailyPay
  • Collaborate the VP, Sales to provide vital analysis and sales results
  • Work closely with other DailyPay Sales Directors to refine sales process, sales culture and messaging

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

7%

1 year growth

17%

2 year growth

11%
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