Get Employees Paid In Between Pay Periods While Increasing Employee Retention
The Business Credit and Financing Show · Ty Crandall
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Show Notes
Matt Kopko is DailyPay's Vice President of Public Policy, where he manages DailyPay's interactions with regulators, legislators, other government officials and stakeholders. Matt was drawn to DailyPay because he has a passion for focusing on emerging technologies that help improve the lives of millions of working individuals. Prior to his role at DailyPay, Matt served in a similar role at Bird, the micromobility company. Matt was also a senior government official and member of the Senior Executive Service, as well as an attorney in private practice. Matt holds a bachelor's degree from Princeton University, and a JD/MBA from the University of Chicago.
During the show we discuss:
● How payroll changed over time
● How and why pay needs to evolve along with the rapidly changing times
● On-Demand Pay
● How will the bi-weekly payroll cycle become a relic of the past
● What to look for in an On-Demand Pay App
● Advantages of Paycheck ATM
● Cons of Paycheck ATM
● "CFPB-Approved Earned Wage Access"
● Why digitize your processes to have greater appeal to Gen Z and millennial employees
● How implementing a pay experience help to retain the workforce, reduce turnover, and avoid the threat of the gig economy
● How offering a pay experience to your employees transform their lives and your bottom line
● DailyPay's impact in times of crisis
● How DailyPay applications support positive financial behavior
Show resources: