Case Study: PMTD Restaurants cuts cash shortages and boosts employee support with DailyPay

A DailyPay Case Study

Preview of the PMTD Restaurants Case Study

PMTD Restaurants Achieves 57% Enrollment in DailyPay Among Its QSR Employees

PMTD Restaurants, a KFC and Taco Bell franchisor with 43 locations and 700+ employees, was looking for a way to reduce turnover, give staff more financial flexibility, and curb cash shortages as payday approached. After consulting payroll partner InfoSync, PMTD launched DailyPay’s on-demand pay solution in June 2020 to offer employees access to earned wages when they need them.

DailyPay integrated with PMTD’s payroll with minimal effort and at no cost to the employer, and DailyPay funds the program rather than PMTD. The program achieved 57% enrollment with most team members using it every one to two weeks, and PMTD saw average weekly cash shortages per restaurant fall from $14.04 in 2020 to $5.19 in 2021 so far—improving operations and helping with recruiting and retention.


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PMTD Restaurants

Bill Byrd

President


DailyPay

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