DailyPay

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How Earned Wage Access Can Increase Employee Motivation

DailyPay

Employee motivation is a crucial subject for employers of all sizes, consistently capturing the attention of businesses aiming for success. Increased employee motivation is closely related to other metrics, including employee productivity and job satisfaction. Simply put, employee motivation is crucial in driving success for employees and employers.

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BMO Leverages DailyPay to Launch Earned Wage Access to Millions of Workers

DailyPay

DailyPay has partnered with BMO to provide earned wage access to employees of BMO Commercial Bank’s clients. This provides workers with real-time access to their wages as they earn them, because the funds are deposited in their direct-deposit account and available for immediate use. BMO Commercial Bank’s clients can leverage this benefit at no cost and with little or no changes to their payroll.

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Ideal Home Health

DailyPay

Access case study Download Case Study Client : Ideal Home Health Headquarters : Brooklyn, NY Industry : Home Healthcare Number of Employees : 1,850 Ideal Home Health is a licensed home care agency providing in-home care to the elderly, sick, and disabled across all of New York. Beginning operations in 2013, Ideal Home Health has grown to a community of over 10,000 patients, caregivers, and family members.

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How Earned Wage Access Provides Relief in the Era of High-Interest Loans

DailyPay

It’s no secret that the prices for consumer goods have greatly increased over the past few years and Americans are footing the bill. Government agencies have been doing everything possible to combat the issue, and although nobody expects prices to decrease, one thing those agencies can do is fight inflation. Among the arsenal of tools available, adjusting interest rates stands out as a potent weapon in this battle.

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How Overdraft Fees Affect Your Employees

DailyPay

How gainfully employed workers can be hit with bank overdrafts Despite working full-time, many workers still confront financial hurdles, living paycheck to paycheck. High living costs such as rent, utilities, and healthcare, can quickly deplete earnings. Unexpected expenses like car repairs or medical bills, further strain budgets. Limited savings exacerbate the situation, leaving workers vulnerable to overdrafts.

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Earned Wage Access | Helping Employees Pay for Vital, Everyday Expenses

DailyPay

Earned wage access (EWA) — also known as on-demand pay — gives employees access to their earned pay before payday. EWA is a vital financial wellness tool that also allows employees to track, spend or save their pay as they earn it. EWA has quickly proven to be a game-changer for employees as they look to build their financial wellness, allowing them to live their lives to the fullest.

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DailyPay Announces Partnership with ITCS-WebClock to Facilitate Seamless Integration of Premier On-Demand Pay Benefit for Client Companies

DailyPay

This partnership makes it even easier for businesses to offer the DailyPay benefit to clients who use ITCS-WebClock. NEW YORK, June 9, 2020 — DailyPay, the leading fintech platform and premier provider of the daily pay benefit, today announced its partnership with ITCS-WebClock, a leading provider of time and attendance software. Through this strategic partnership, ITCS-WebClock client companies can offer their employees DailyPay with no changes to their existing payroll setup.