Leading American companies are prioritizing their employees’ financial wellness by teaming up with DailyPay to support employee savings and “America Saves Week.” The annual event that kicks off today is organized by the nonprofit America Saves, an initiative of the Consumer Federation of America. The event’s mission is to encourage and support Americans to save effectively, aimed at motivating individuals and families to take better control of their finances and achieve financial stability.
America Saves Week brings together thousands of organizations representing a diverse coalition of companies, nonprofits, educational institutions, military services, influencers, government agencies and financial institutions. America Saves encourages people to take The America Saves Pledge, a framework that allows savers to set a goal, and make a plan to achieve better financial stability.
DailyPay’s clients will be able to access the pledge and corresponding comprehensive saving information on the DailyPay platform. To begin their savings journey, employees can utilize DailyPay’s popular no-cost AutoSAVE feature, which enables them to automatically save a set amount of money from each paycheck in the employees’ own bank accounts. DailyPay also offers participating employees special access to financial counseling along with their #SavethatMoney Challenge.
“Financial wellness for our staff has always been a major priority,” said Pinny Faska, COO of Foundation For The Elderly DBA Rockaway Home Care. “Partnering with DailyPay for America Saves Week enables us to share tools and resources with our community that inspire individuals and families to save successfully and achieve better financial stability.”
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“Staffmark Group partnered with DailyPay in 2020 to give our employees more control over their paychecks, and we now have over 6,500 enrolled in this program,” said Wendy Reiner, Director of Operations Support at Staffmark Group. “Our goal is to help our employees achieve financial wellness through great work opportunities. With DailyPay, employees have access to their earned pay before our standard payday for urgent needs, and DailyPay’s AutoSAVE feature makes it easier to set money aside and plan for the future. America Saves Week is a great reminder to begin the habit of automated saving. We are thrilled to share this important message and be part of the #SaveThatMoney Challenge.”
“Mission Health Communities is proud to partner with DailyPay for America Saves Week, as financial wellness for our valued team members is a top priority for us,” said Cheri Kauset, VP of Customer Experience and Communications, Mission Health Communities. “DailyPay has been a great win for our employees with over half of our staff participating within the first few months of launch. Our staff have found that DailyPay has been incredibly helpful in managing their day-to-day finances – and immediately began sharing those experiences with their colleagues.”
“DailyPay is proud to join forces for America Saves Week with our valued clients in supporting their commitment to the financial wellness of their employees, especially during these uncertain times,” said Jeanniey Walden, Chief Innovation and Marketing Officer, DailyPay. “We are thrilled for this opportunity with America Saves to be part of a larger national conversation around saving successfully that closely aligns with our mission of supporting the American worker.”
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