Offering DailyPay immediately puts new hires at ease because they can access their income immediately after clocking out on day one. The facilities management industry often recruits new employees who have been out of work. With DailyPay access, employees can avoid late fees and overdrafts and end mounting cycles of debt. The DailyPay Movement helps employees mitigate financial hardships with access to earned income before scheduled paydays. The leading cause of employee turnover is financial stress. According to the SHRM, employee turnover costs companies up to $4,000 per employee, a significant blow to the bottom line. Through this partnership, KBS employees can now receive their earned but unpaid income whenever they need it, even on weekends and holidays, a benefit proven to reduce employee turnover.Īccording to industry experts, turnover in facilities management is upward of 200%. Together, DailyPay and KBS are combating the financial burden caused by the delay that arises from weekly pay schedules. NEW YORK (September 21, 2017) – DailyPay, a financial solutions company that reduces employee turnover through instant access to earned income, today announced a national partnership with Kellermeyer Bergensons Services (KBS), the largest provider of technology-enabled interior and exterior property services with over 41,000 active customer locations under management in the U.S., Canada, and Puerto Rico. Technology Payments Solution Reduces Employee Turnover by Improving Employee Financial Health DailyPay Announces Partnership with Kellermeyer-Bergensons Services
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