DailyPay, the leading provider of instant access to earned wages, today announced a new relationship with Alight Solutions, a leader in technology-enabled health, wealth, human capital management and financial solutions. Through this strategic relationship, select Alight clients can now offer their employees the DailyPay technology solution at no additional cost to their organization and with no changes to their existing payroll.
DailyPay, which is compliant in all 50 states, allows employees to transfer their accrued but unpaid wages to any bank account or pay card, prior to their next payday. Employees can also track their accumulated, real-time net earnings using the available balance feature. Having early access to their earned wages can help safeguard employees against unexpected expenses, and is proven to improve employee retention and engagement.
The collaboration between Alight and DailyPay allows for a seamless experience for clients and their people. Customers may elect to have Alight and DailyPay’s respective technology platforms integrate to calculate the real-time available balance of employees that enroll in the program and facilitate the instant transfer of funds when requested.
“Alight is focused on helping people and organizations thrive. Providing people with access to tools and solutions like DailyPay, which will allow them to manage short-term financial needs in a way that doesn’t create a bigger hardship, helps us achieve that purpose,” said Colin Brennan, executive vice president Human Capital Management and Financial Solutions at Alight Solutions.
“The benefits ecosystem is constantly evolving, and Alight does an amazing job of simplifying work and life for their clients and their people by providing new and unique solutions,” Jason Lee, CEO of DailyPay said. “This new relationship underscores the fact that daily pay benefits are now becoming a mainstream benefit offering for employers in all industries. We’re proud to partner with Alight and offer their clients a flexible, simple, and importantly, fully compliant daily pay benefit.”
To learn more about DailyPay, go to https://www.dailypay.com.
About DailyPay
DailyPay is the pioneer in providing employees instant access to earned wages across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through our trusted payroll service partners like Alight Solutions, ADP, SmartLinx, Netspend and other HR technology providers who offer the daily pay product to their customers. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.
For more information about DailyPay, visit dailypay.com or follow @DailyPay on Twitter.
About Alight Solutions
As a leading provider of human capital solutions, Alight Solutions helps its clients and its people navigate the complexity of health, wealth and HR. They combine data-driven, consumer-centered technology with personalized care and service to deliver a superior customer experience. Their dedicated colleagues across 19 global centers help 23 million people and their 11 million family members simplify work and life, both now and in the future. Alight is reimagining how people and organizations thrive.
For more information about Alight Solutions, visit alight.com/
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