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Mission Health Communities Enters Into A Partnership With Dailypay
Fremont, CA: Mission Health Communities, a premier provider of senior living and skilled rehabilitation communities, enters into a partnership with DailyPay.
Through the collaboration, Mission Health Communities' healthcare professionals will now have access to an important financial wellness benefit: on-demand pay, which allows them to access their earned wages as they earn them and pay bills, spend, save, as well as invest in their own timetable.
"As one of our top retention strategies, Mission Health Communities is proud to partner with DailyPay to support our valued healthcare staff," stated Cheri Kauset, VP of Customer Experience and Communications. "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 has become a differentiator in our space."
This collaboration comes at a critical juncture, as healthcare employers face an ongoing talent shortage. According to Mercator Advisory Group research commissioned by DailyPay, healthcare workers who have access to DailyPay stay 73 percent longer on the job, allowing them to provide essential care to members of their community for a longer period of time. According to the data, offering DailyPay reduces turnover by 50 percent.
Since its inception, DailyPay has been used by 60 percent of Mission Health Communities employees.