Case Study: Mary T Inc. boosts employee financial well-being and reduces turnover with DailyPay

Mary T Inc. boosts DailyPay enrollment to 45% and cuts turnover 27%

The customer, Mary T Inc., a healthcare provider with over 850 employees, sought a cutting-edge benefit to stand out in a competitive market and support the financial well-being of its caregivers. Their challenge was that traditional biweekly pay periods did not align with employees' financial obligations or emergencies, and their existing loan programs were cumbersome and ineffective. They partnered with DailyPay to explore an on-demand pay solution.

DailyPay provided a simple and straightforward on-demand pay solution that integrated with the company's existing payroll system. The implementation resulted in a 45% employee enrollment rate and a 13% utilization rate, which was more than ten times the usage of their previous programs. This benefit, promoted in job postings, contributed to a 27% reduction in employee turnover year-to-date. DailyPay delivered a win-win solution with no extra work for the payroll department and overwhelmingly positive feedback from employees.

Mary T Inc.