Full-Time

Enterprise Account Executive

Posted on 1/15/2025

DailyPay

DailyPay

501-1,000 employees

Provides daily access to earned wages

Fintech
Financial Services

Compensation Overview

$125kAnnually

+ Variable Incentive Compensation + Stock Options

Senior

Remote in USA + 1 more

More locations: New York, NY, USA

Remote option available.

Category
Field Sales
Sales & Account Management
Required Skills
Data Analysis

You match the following DailyPay's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 5+ years of experience in B2B inside or outside sales
  • Proven success at meeting and exceeding quotas, especially with longer sales cycles
  • Industry experience in HR Product or Service sales, enterprise sales or SaaS sales
  • Demonstrated ability to develop and maintain relationships with key stakeholders including the C-suite
  • Success selling to multiple decision makers across several departments
  • Passion to enable our partners and our company to reach new levels of success
  • Highly analytical, data driven and detail oriented
Responsibilities
  • Become a DailyPay product maven and perfect your DailyPay presentation skills
  • Pitch and close qualified prospects via webinar, sales calls and in person presentations
  • Leverage relationships with product champions to expedite deals to close rate
  • Navigate corporate structures to demonstrate value to multiple team members
  • Use financial & analytical tools to communicate employee benefits to partner organizations
  • Own a pipeline of valuable relationships, consistently moving partners to a close
  • Consistently drive revenue production by meeting and exceeding a set quota

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. Employees can withdraw their earned wages whenever they need, giving them more control over their finances and increasing their time on the job by an average of 27%. DailyPay stands out from competitors by focusing on sectors with high turnover rates, such as healthcare, retail, and restaurants, where its service can significantly improve employee retention and satisfaction. The goal of DailyPay is to enhance employee financial wellness and help businesses reduce turnover costs, potentially saving millions annually.

Company Stage

Debt Financing

Total Funding

$272.1M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Nelson Chai's appointment as Executive Chair brings strategic growth expertise to DailyPay.
  • DailyPay's rapid growth is recognized by its ranking on the Deloitte Technology Fast 500.
  • Partnerships in healthcare and hospitality sectors boost employee satisfaction and retention.

What critics are saying

  • Increased competition from fintech companies may dilute DailyPay's market share.
  • Potential regulatory scrutiny could increase compliance costs for DailyPay.
  • Economic downturns may reduce business investment in DailyPay's services.

What makes DailyPay unique

  • DailyPay offers on-demand pay, enhancing employee financial control and flexibility.
  • The platform integrates seamlessly with existing payroll systems, reducing administrative burdens.
  • DailyPay's service increases employee retention by an average of 27%.

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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

INACTIVE