NEW YORK—In a groundbreaking collaboration, Pinnacle Home Care, a provider of home care services in Florida, has partnered with DailyPay—a provider of on-demand pay. This alliance introduces a new benefit to Pinnacle Home Care's rewards package.
With DailyPay, employees have the option to access their earned wages as they earn them, allowing them to pay bills, save, invest and spend on their own schedules. Pinnacle Home Care implemented this benefit to further promote workplace and pay flexibility for its employees.
DailyPay’s innovative platform empowers Pinnacle Home Care's employees with real-time access to their earned wages, offering unprecedented financial flexibility. Whether it's paying bills, saving, investing or making purchases, employees can now manage their finances on their own terms. Pinnacle Home Care said this initiative underscores its commitment to fostering a flexible work environment and revolutionizing pay practices for its dedicated team.
“We are ecstatic for the opportunity to partner with DailyPay and introduce earned wage access for our employees,” said Dan Kefgen, chief people officer at Pinnacle Home Care. “Pinnacle Home Care is an employee-powered organization and we look forward to continuing to provide benefits such as DailyPay to be the Employer of Choice in Home Care.”
Additionally, the partnership enables Pinnacle Home Care to gain a competitive advantage in hiring and retaining its health care professionals—93% of employers who offer earned wage access (EWA) say it helps them retain talent. At the same time, it enables employees to improve their financial health. A Harris Poll survey commissioned by IntelyCare and DailyPay found that nearly three-quarters (73%) of health care workers say it is important to them that their employer provides tools and resources to help them manage financial stress.
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