Full-Time
Updated on 3/14/2025
Provides daily access to earned wages
$150k - $200kAnnually
Senior
New York, NY, USA
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 system works by partnering with businesses, which pay a fee to offer this benefit to their employees. By enabling workers to withdraw their wages as they earn them, DailyPay helps improve financial control and flexibility for employees, leading to increased job engagement and retention. Unlike other payroll services that stick to conventional pay schedules, DailyPay focuses on on-demand pay, which is particularly beneficial in industries like healthcare, retail, and restaurants that often struggle with high turnover rates. The goal of DailyPay is to enhance employee satisfaction and retention, ultimately helping businesses save on turnover costs.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$272.1M
Headquarters
New York City, New York
Founded
2016
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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
DailyPay, a worktech company and leading provider of earned wage access, and the National Jack in the Box Franchisee Association announced a new strategic partnership to boost employee financial wellness and keep Franchisee Association members engaged, motivated and happy at work.Through this partnership, JIB-NFA members can offer DailyPay’s financial wellness platform within their organizations, allowing workers to simplify and optimize their working lives and better manage the money they make.“The partnership forged with JIB-NFA serves as a testament to DailyPay’s unwavering commitment to empowering employees with unprecedented control and flexibility over their financial well-being. While the partnership enables workers everywhere to feel more motivated to work harder and stay longer on the job, it also enhances employee engagement and loyalty, benefiting both employees and franchisee owners,” said Phil Mark, Director of Business Development, DailyPay.A YouGov study commissioned by DailyPay shows over seven in 10 (72%) QSR and fast-casual restaurant employees say the concept of earned wage access is appealing. In addition, the study shows about half (49%) would be likely to consider leaving their current employer for another employer that offers earned wage access.In addition, 55% of DailyPay users according to an Arizent study commissioned by DailyPay say they pick up at least one extra shift per month because they know they can access earned pay ahead of payday
Earned wage access can be life changing for millennial (ages 29-44) tipped hourly workers (defined as those who work in the service industry and earn tips for their job), according to new research commissioned by DailyPay and conducted by The Harris Poll. According to the data, over 6 out of 10 (63%) millennial tipped hourly workers say their overall quality of life would improve if they had access to their hourly pay when they earned it.A slight majority (55%) of millennial tipped hourly workers also say they would worry less about expenses if they had access to their hourly pay when they earned it, while 45% say it would improve their mental health.For millennial tipped hourly workers, about two-thirds (64%) say that earned wage access would help their current financial situation, outpacing not being taxed on their tips (60%), having flexible work schedules (60%) or interest rates dropping (36%).Despite continued high inflation at 3%, half of millennial tipped hourly workers (50%) believe the U.S. economy will improve in the next 12 months.“With sweeping disruptive technologies, millennial workers live in a world where they expect everything on demand including their pay,” said Ryan Mang, Chief Commercial Officer, DailyPay. “Having access to their earned pay on demand for hourly workers is a must-have to make ends meet on their journey to financial stability.”
DailyPay, a leading worktech platform powering daily opportunities for workers and their employers, has appointed Deepa Subramanian as Chief Financial Officer. Ken Brause, who served as Chief Financial Officer since November 2023 has been appointed Chief Administrative Officer. Both will report to DailyPay Chief Executive Officer Stacy Greiner and serve as members of her Executive Leadership Team.Ms. Subramanian most recently served as VP, Corporate Finance and Investor Relations at Uber Inc. Prior, Ms. Subramanian held the role of CFO for Uber’s multi billion dollar Delivery (Eats) business
The Springs Arkansas, the leading skilled nursing provider across Arkansas, is celebrating three years of partnership with DailyPay – a worktech platform and leading provider of earned wage access. Throughout this partnership, The Springs Arkansas is empowering employees with the ability to access their earned pay on their own timeline.DailyPay has been a key tool in growing The Springs Arkansas team as they continue to open more rehabilitation facilities across the state and is one of the most used benefits across all employee levels. Since implementing DailyPay into their benefits offerings, they have seen a 74% participation rate, and in 2024 reduced turnover by 50%.Headquartered in Little Rock, AR, The Springs Arkansas operates over 20 skilled nursing and rehabilitation facilities, offering a wide range of care services, including skilled rehab, long-term care, memory care, and hospice care. Committed to supporting the well-being of its employees both in and out of the workplace, The Springs Arkansas introduced DailyPay in January 2022 to better support its dedicated workforce.“DailyPay has been a valuable benefit for us throughout the past three years,” says Michael Brown, Corporate Human Resources at The Springs Arkansas. “By providing earned wage access to our team, we’ve seen firsthand how it has a positive impact on our employees, as well as helping us recruit talent. This partnership strengthens our commitment to the care we provide to both employees and patients”.The Springs Arkansas offers an expansive range of supplemental benefits to employees, including medical, dental, and vision insurance options, financial coaching, 401(k) plan with company match, career development and mentorship opportunities, and more
Eminence Home Care, a leading home healthcare agency, has partnered with DailyPay to offer its employees the financial wellness benefit of earned wage access. By offering the benefit, Eminence Home Care is empowering its caregivers with choice and control over their earnings to pay bills, spend, save, or invest on their own schedule.The implementation of DailyPay as part of employee benefits has been shown to positively impact financial habits and work productivity in healthcare workers. According to research from Arizent/Employee Benefits News, 73% of healthcare workers report that earned wage access helps them feel more confident managing their finances, and 48% say it makes them feel more motivated at work.Serving patients across New Hampshire, Maryland, Connecticut, New Jersey, and Pennsylvania, Eminence Home Care has been delivering home care solutions for over two decades. This partnership reflects Eminence Home Care’s ongoing commitment to enhancing employee benefits, supporting financial wellness, and bolstering recruitment and retention efforts.“At Eminence Home Care, we pride ourselves on providing the best tools for our employees,” says Greg Crawford, VP of Operations at Eminence Home Care. “We all know at any point in time we may come across certain financial hardships, and being able to provide a tool like DailyPay that aids the relief of financial hardships to our employees is something that gives us a great feeling as a company.”