DailyPay: Reducing Turnover by Improving the Lives of Your Employees
For years, companies have struggled with how to recruit, retain, and engage their employees. This is even more challenging today due to the tight labor market and flat wage environment. At DailyPay, we are reinventing human capital management based on one simple premise: when your employees find financial security at your job, they stay longer.
Great for Employees
We give your employees a needed lifeline between paychecks, so they can pay their bills on time, make rent, and avoid late fees. DailyPay only charges a single fee per transfer - just like an ATM - with no hidden surprises such as account fees, minimums, or interest. Most employees don’t need a new loan to cover a bill - they just need a few extra dollars to make up a shortfall before the next paycheck.
Great for Businesses
We stick to the same principles of simplicity and elegance with both our users and our business partners. Our implementation is seamless and requires no change to your existing payroll process, including the timing of payroll funds. We work with you on integration, strategic rollout, and employee communication - all focused on your goals of reducing turnover, expanding recruiting, and boosting bottom line profits.
Prior to founding DailyPay, Jason spent nearly two decades at Goldman, Sachs & Co. where he founded and led the Global Structured Equity Group. Jason serves as Chairman of the DailyPay Board of Directors, is an active angel investor, and is a member of the Forbes Finance Council.
Co-founder and CTO
Prior to founding DailyPay, Rob spent nearly a decade in San Francisco building websites from the ground up. Formerly engineer #0 at ReferralExchange. Rob attended the University of Chicago and is an Eagle Scout.
Prior to joining DailyPay, Ron worked for several years as a financial consultant focusing on capital formation, start-up enterprises and corporate restructuring. Ron and worked with clients in a broad range of industries including technology, e-commerce, retail, manufacturing and business services.
VP, Enterprise Products
Prior to joining DailyPay, Konstantin, as Head of Financial Products at Context Relevant, developed applications of large scale machine learning for the finance industry. Konstantin started his professional career at Goldman, Sachs & Co. where he led a quantitative team responsible for structuring and modeling Structured Products.
Prior to joining DailyPay, Kevin worked as Director of Product for ReferralExchange, where he streamlined the Operations and Sales departments. He's founded multiple small website startups. Kevin has a degree in Operations Research Engineering from Cornell University.
Board of Directors
Investment Partner, RPM Ventures
General Partner, Inspiration Ventures
Where I grew up, paying bills was always a problem because of waiting for payday. It's good people can get paid sooner so they can make ends meet.
Growing up, it was just me, my brother, and my mom. I remember my mom having to juggle around bills and pay late fees just to put food in the refrigerator. I wish we had DailyPay back then.
Find out how DailyPay can help you reduce turnover, increase engagement, and boost bottom line profits.