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NEW YORK — LBA Hospitality, a leading hotel management, development, and consulting company in the US, has partnered with DailyPay to support its recruiting and retention efforts. DailyPay is the leading provider of earned wage access — a critical financial wellness benefit that supports employees both inside and outside of the workplace.
"By alleviating financial stress and providing a convenient way to access earned wages, our employees can now focus on their work, increasing productivity and engagement in the workplace,” said Marsha Lacey, Vice President of Human Resources at LBA Hospitality. “This partnership has played a significant role in creating a positive work environment where our associates can thrive and deliver exceptional service to our guests."
Through this partnership, both property and corporate employees have access to DailyPay. With DailyPay, employees no longer need to wait for a scheduled payday to access the money they’ve already earned. Employees can access their pay after completing each shift to pay bills, spend, save, and invest on their own schedules.
Since implementing DailyPay in 2021, LBA Hospitality employees have found the most use in the benefit to support necessary expenses related to bills, food, and transit. As a result, this allows employees to be productive and present in the workplace.
DailyPay’s WorkTech platform attracts people in various parts of their careers. As a result, LBA Hospitality has greatly improved its hiring and retention efforts. According to the EWA Report, Mercator Advisory Group commissioned by DailyPay, the average tenure of employees who used DailyPay increased by 27% over non-DailyPay users. This 27% increase in tenure translates to 39 additional days on the job.
Visit their careers page to learn more about job opportunities at LBA Hospitality.
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About LBA Hospitality
Established in 1973, LBA Hospitality is one of the leading hotel management, development, and consulting companies in the US. With an extensive portfolio of award-winning hotels in the East, Southeast, and Southwest, LBA Hospitality is a recognized leader in developing and operating the most respected brands under Marriott, Hilton, Hyatt, Best Western, and InterContinental Hotel Group franchise licenses. For more than five decades, LBA Hospitality has continued to set a higher standard in hotel development, management, and guest satisfaction, resulting in sustained, profitable growth for owners. For more information, visit www.lbahospitality.com.
DailyPay, Inc.
DailyPay, Inc. is transforming the way people get paid. As the industry’s leading on-demand pay solution, DailyPay uses an award-winning technology platform to help America’s top employers build stronger relationships with their employees. This voluntary employee benefit enables workers everywhere to feel more motivated to work harder and stay longer on the job, while supporting their financial well-being outside of the workplace. DailyPay is headquartered in New York City. For more information, visit www.dailypay.com/press.
