Goodwill of Colorado Leverages DailyPay Partnership To Encourage ‘Smart Money Management’ Among its Workforce
Goodwill of Colorado Offers Critical Financial Wellness Benefit–On-Demand Pay
Goodwill of Colorado, an organization dedicated to creating community impact through programs for individuals with disabilities, education, training and career placement, has partnered with DailyPay–the leading provider of on-demand pay.
As part of the organization’s mission to empower individuals, and to provide a fulfilling employee experience, Goodwill of Colorado implements the financial wellness tool of on-demand pay as part of its suite of employee benefits.
With DailyPay, Goodwill of Colorado employees can access their earned pay immediately after they complete a shift. This flexibility allows employees to pay their bills on time and avoid paying the exorbitant fees associated with payday loans or overdraft fees. Through the DailyPay platform, Goodwill of Colorado employees can also access free financial coaching and counseling.
Heather Enochs, team member at Goodwill of Colorado’s headquarters, said, “Using the DailyPay app is so easy. I use advances to invest and earn interest sooner than I would if I waited until my typical payday.”
“Our employees have really embraced DailyPay since we launched it in August 2022. Many of our team members have taken advantage of the various financial wellness features on the DailyPay app,” said Gary Smith, Chief Mission Officer of Goodwill of Colorado. “We see it as an important recruiting and retention tool that teaches sound money management principles at the same time.”
A recent Harris Poll, commissioned by DailyPay and Dollar Tree, found that 73% of Americans plan on shopping the same or more in-store in 2023 versus last year with 44% more likely to prioritize shopping for bargains in-store. With the rise in consumer spending, hiring and retaining an engaged and productive workforce in retail remains a priority. Goodwill of Colorado looks to appeal to new and existing talent with their enhanced benefits package.
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About Goodwill of Colorado
Goodwill of Colorado helps transform people’s lives. We are a registered 501(c)3 organization providing career placement, education and training, and community programs for more than 127,000 Coloradans each year—including military veterans, seniors, youth, and individuals who have a disability or barrier to employment. For more than a century, Goodwill has supported Colorado communities and each year, diverts more than 200 million pounds of donated items from Colorado landfills. To learn more about Goodwill of Colorado visit www.goodwillcolorado.org.
About DailyPay
DailyPay, Inc., powered by its industry-leading technology platform, is on a mission to build a new financial system for everyone. DailyPay delivers the industry’s leading on-demand pay solution with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer. DailyPay works to ensure that money is always in the right place at the right time for employers, merchants, and financial institutions. DailyPay is headquartered in New York City, with operations based in Minneapolis and Belfast. For more information, visit www.dailypay.com/press.
